RAO UES
OAO RAO UES (OAO Unified Energy System of Russia; russian: ЕЭС России or russian: Единая Энергетическая Система) was an electric power holding company in Russia. It controlled about 70% of Russia's installed electric capacity, 96% of its high-voltage grid and over 70% of its transmission lines. In addition to the Russian market, RAO UES exported electricity to Scandinavia and to other members of the CIS. The last head of RAO UES was Anatoly Chubais. History Unified Energy System of Russia was established by Presidential Decree #932, signed on August 15, 1992, as an electric energy holding company. Most of the state-owned electric energy assets, such as thermal and hydroelectric power plants, transmission lines, state-owned shares in power, research & engineering, and construction companies were transferred to RAO UES, with the exception of any assets related to nuclear energy. In total, RAO UES owned more than 70 of the energy companies an ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Public Company
A public company is a company whose ownership is organized via shares of stock which are intended to be freely traded on a stock exchange or in over-the-counter markets. A public (publicly traded) company can be listed on a stock exchange (listed company), which facilitates the trade of shares, or not (unlisted public company). In some jurisdictions, public companies over a certain size must be listed on an exchange. In most cases, public companies are ''private'' enterprises in the ''private'' sector, and "public" emphasizes their reporting and trading on the public markets. Public companies are formed within the legal systems of particular states, and therefore have associations and formal designations which are distinct and separate in the polity in which they reside. In the United States, for example, a public company is usually a type of corporation (though a corporation need not be a public company), in the United Kingdom it is usually a public limited company (plc), i ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Unified Power System Of Russia
The IPS/UPS is a wide area synchronous transmission grid of some CIS countries, with a common mode of operation and centralized supervisory control. It has an installed generation capacity of 300 gigawatts, and produces 1,200 terawatt-hours (TWh) per year for its 280 million customers. The system spans eight time zones. History The unified power system was started in 1956 by interconnecting the power systems of Center and Middle Volga. By 1978, the unified power system included all of the Soviet Union except Central Asia. In 1979–1993 the power systems of Poland, German Democratic Republic, Czechoslovakia, Hungary, Romania and Bulgaria, now part of the synchronous grid of Continental Europe (ENTSO-E), operated synchronously with the Unified Power System of the USSR. Central Asian countries (excluding Turkmenistan) were added to the integrated system in 2001. In 2009, Uzbekistan disconnected from the system resulting also in the disconnection of Tajikistan. In 202 ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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MICEX
The Moscow Interbank Currency Exchange (russian: Московская межбанковская валютная биржа) or MICEX (russian: ММВБ) was a stock exchange that operated in Russia from 1992 to 2011. MICEX was the leading Russian stock exchange and one of the largest universal stock exchanges in Eastern Europe. It merged with the Russian Trading System in 2011, creating Moscow Exchange. MICEX consisted of about 550 participating organizations and members, which traded for their clients. In 2006 the volume of transactions on the MICEX reached 20.38 trillion rubles (US$754.9 billion), representing more than 90% of the total turnover of the leading stock exchanges in the Russian stock market. About 239 Russian companies were listed, with a market capitalization Market capitalization, sometimes referred to as market cap, is the total value of a publicly traded company's outstanding common shares owned by stockholders. Market capitalization is equal to the mar ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Shareholders
A shareholder (in the United States often referred to as stockholder) of a corporation is an individual or legal entity (such as another corporation, a body politic, a trust or partnership) that is registered by the corporation as the legal owner of shares of the share capital of a public or private corporation. Shareholders may be referred to as members of a corporation. A person or legal entity becomes a shareholder in a corporation when their name and other details are entered in the corporation's register of shareholders or members, and unless required by law the corporation is not required or permitted to enquire as to the beneficial ownership of the shares. A corporation generally cannot own shares of itself. The influence of a shareholder on the business is determined by the shareholding percentage owned. Shareholders of a corporation are legally separate from the corporation itself. They are generally not liable for the corporation's debts, and the shareholders' liability ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Stock
In finance, stock (also capital stock) consists of all the shares by which ownership of a corporation or company is divided.Longman Business English Dictionary: "stock - ''especially AmE'' one of the shares into which ownership of a company is divided, or these shares considered together" "When a company issues shares or stocks ''especially AmE'', it makes them available for people to buy for the first time." (Especially in American English, the word "stocks" is also used to refer to shares.) A single share of the stock means fractional ownership of the corporation in proportion to the total number of shares. This typically entitles the shareholder (stockholder) to that fraction of the company's earnings, proceeds from liquidation of assets (after discharge of all senior claims such as secured and unsecured debt), or voting power, often dividing these up in proportion to the amount of money each stockholder has invested. Not all stock is necessarily equal, as certain classe ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Inter RAO UES
Joint Stock Company Inter RAO UES (russian: Публичное акционерное общество «ИНТЕР РАО ЕЭС», short form: Inter RAO), traded as, is a diversified energy holding company headquartered in Moscow, Russia. Its business includes power and heat generation, electricity supply, international energy trading, engineering, design and development of electric power infrastructure. In addition to its assets in Russia it controls several energy companies outside Russia including thermal and hydro power plants, grid operators and energy traders. It holds a monopoly on the export and import of electricity in Russia. Inter RAO is one of the largest Russian public energy companies by market capitalization which exceeded US$10.5 billion at the end of 2011. In fiscal year 2011 the company reported a revenue of USD 18.24 bn (versus USD 15.28 bn in 2010) and net income of $1.41 billion (vs $614 million in 2010). At the end of 2011, Inter RAO Group ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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RusHydro
RusHydro (previous name: Hydro-OGK, russian: РусГидро) is a Russian hydroelectricity company. As of early 2012 it had a capacity of 34.9 gigawatts. In late 2009, it was the world's second-largest hydroelectric power producer and is the country's largest power-generating company and the largest successor to RAO UES. The conglomerate, which is partly government-owned, underwent a major consolidation beginning in July 2007. , the head of the company was Evgeny Dod. Its head office is in Obruchevsky District, South-Western Administrative Okrug, Moscow. Major power plants *Bureya Dam *Volga Hydroelectric Station *Votkinsk Hydroelectric Station *Dagestan Branch *Zhiguli Hydroelectric Station *Zagorskaya PSHPP *Zeya Dam *Irganayskaya HPP *Kabardino-Balkarian Branch *Kamskaya HPP *Karachaevo-Cherkessian Branch *Cascade of Verkhnevolzhskiye HPPs *Cascade of Kubanskiye HPPs *Nizhegorodskaya HPP *Novosibirskaya HPP *Saratov Hydroelectric Station *Boguchany Dam *Sayano-Sh ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Financial Times
The ''Financial Times'' (''FT'') is a British daily newspaper printed in broadsheet and published digitally that focuses on business and economic current affairs. Based in London, England, the paper is owned by a Japanese holding company, Nikkei, with core editorial offices across Britain, the United States and continental Europe. In July 2015, Pearson sold the publication to Nikkei for £844 million (US$1.32 billion) after owning it since 1957. In 2019, it reported one million paying subscriptions, three-quarters of which were digital subscriptions. The newspaper has a prominent focus on financial journalism and economic analysis over generalist reporting, drawing both criticism and acclaim. The daily sponsors an annual book award and publishes a " Person of the Year" feature. The paper was founded in January 1888 as the ''London Financial Guide'' before rebranding a month later as the ''Financial Times''. It was first circulated around metropolitan London by James Sherid ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Privatization
Privatization (also privatisation in British English) can mean several different things, most commonly referring to moving something from the public sector into the private sector. It is also sometimes used as a synonym for deregulation when a heavily regulated private company or industry becomes less regulated. Government functions and services may also be privatised (which may also be known as "franchising" or "out-sourcing"); in this case, private entities are tasked with the implementation of government programs or performance of government services that had previously been the purview of state-run agencies. Some examples include revenue collection, law enforcement, water supply, and prison management. Another definition is that privatization is the sale of a state-owned enterprise or municipally owned corporation to private investors; in this case shares may be traded in the public market for the first time, or for the first time since an enterprise's previous nationaliz ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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2005 Moscow Power Blackouts
From 10:00 25 May 2005 to 16:00 26 May 2005, Moscow's power supplies were the centre of a major incident, which resulted in the supply being outed for several hours in many of City of Moscow districts, as well as Moscow, Tula, Kaluga and Ryazan provinces. Some tens of thousands of people were trapped in stranded underground trains in the Moscow Metro and in elevators, railway signaling was put out of action and many commercial and governmental organisations were paralysed. Occurrence The accident, which some accounts state affected more than 2 million people, started in powerstation no. 510 Chagino, situated in the south-east of Moscow in the Kapotnya district. Here, the high voltage (500 kV) current, going into the capital along the main power lines, is lowered via transformers for city usage to 220 kV and 110 kV. The Chagino substation, built in 1964, is equipped with six high-to-low transformers. Another six substations situated around the MKAD carry out the same functions, ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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RIA Novosti
RIA Novosti (russian: РИА Новости), sometimes referred to as RIAN () or RIA (russian: РИА, label=none) is a Russian state-owned domestic news agency. On 9 December 2013 by a decree of Vladimir Putin it was liquidated and its assets and workforce were transferred to the newly created Rossiya Segodnya agency. On 8 April 2014 RIA Novosti was registered as part of the new agency. RIA Novosti is headquartered in Moscow. The chief editor is Anna Gavrilova. Content RIA Novosti was scheduled to be closed down in 2014; starting in March 2014, staff were informed that they had the option of transferring their contracts to Rossiya Segodnya or sign a redundancy contract. On 10 November 2014, Rossiya Segodnya launched the Sputnik multimedia platform as the international replacement of RIA Novosti and Voice of Russia. Within Russia itself, however, Rossiya Segodnya continues to operate its Russian language news service under the name RIA Novosti with its ria.ru website. T ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Disinvestment
Disinvestment refers to the use of a concerted economic boycott to pressure a government, industry, or company towards a change in policy, or in the case of governments, even regime change. The term was first used in the 1980s, most commonly in the United States, to refer to the use of a concerted economic boycott designed to pressure the government of South Africa into abolishing its policy of apartheid. The term has also been applied to actions targeting Iran, Sudan, Northern Ireland, Myanmar, Israel, and China. Examples Industries * Global Climate Coalition – Ford, General Motors, Texaco, Southern Company, Exxon, and other corporate members of the Global Climate Coalition – an industry group opposing the Kyoto Protocol – were the target of a national divestment campaign run by Ozone Action in 2000. According to ''The New York Times'', when Ford Motor Company left the coalition, it was "the latest sign of divisions within heavy industry over how to respond to global warm ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |