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Federal Grid Company Announces FY 2018 IFRS Results
18 March 2019 Federal Grid Company Announces FY 2018 IFRS Results Federal Grid Company of Unified Energy System (“Federal Grid Company” or “the Company”; Moscow Exchange, LSE: FEES), part of PJSC ROSSETI Group of Companies, and the operator of the Unified National Electricity Grid (“UNEG”), announces its audited consolidated financial results for the year ended 31 December 2018 under International Financial Reporting Standards (IFRS).

Notice of IFRS disclosure terms for the year ended 31 December 2018  and details of the conference call 15 March 2019 Notice of IFRS disclosure terms for the year ended 31 December 2018 and details of the conference call Federal Grid Company of Unified Energy System , the operator of Russia’s unified electricity transmission grid system, will announce its audited consolidated IFRS financial results for the year ended 31 December 2018 on Monday, March 18, 2019.

Head of FGC UES A. Murov sums up the company’s work in 2018 12 March 2019 Head of FGC UES A. Murov sums up the company’s work in 2018 During the meeting with the management and heads of regional divisions, Andrey Murov, Chairman of the Management Board of FGC UES, noted that the company in 2018 and for more than 5 years in a row has ensured the growth of reliability, quality of services, high financial and economic indicators. As of the year-end, none of the branches (MES) showed increase in technological errors rate. On average, the company reduced the accident rate by 16%. The best dynamics was shown by backbone grids of the East (-33%), the North-West (-25%) and Siberia (-23%).

Construction of power supply facilities for the compressor stations of the Power of Siberia gas pipeline begins 11 March 2019 Construction of power supply facilities for the compressor stations of the Power of Siberia gas pipeline begins FGC UES (part of the Rosseti group) has begun the implementation of the second phase of the power supply project for Gazprom’s Power of Siberia pipeline system.   In the Amur Region and the Republic of Sakha (Yakutia), the construction of 220 kV switching stations for connecting to backbone grids of gas pipeline compressor stations began. By August 2019, it is planned to put into operation the infrastructure for two compressor stations.