DOCSLIB.ORG

Annual Report "MOESK 2019"

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text

Load more

About the Company Preliminary approved Approved PJSC Moscow United Electric Grid Company (MOESK or the Company) is one of the largest electric grid distribution companies in the by the Board of Directors by the Annual General Meeting of Russian market, carrying out services on electric power transmission and technological connection of consumers to the Company’s of PJSC MOESK Shareholders electric grids in Moscow and Moscow Region. of PJSC MOESK April 28, 2020 (Minutes No. 431 dated April The Company structure includes 8 branch offices with a total of over 14.4 thousand employees and 3 subsidiaries. 29, 2020) May 29, 2020 (Minutes No. 23 dated June MOESK is part of the PJSC Rosseti assets portfolio and holds the leading position in terms of electric power supply reliability and 1, 2020) quality, and technological connections to power grids arranged for its consumers. MOESK maintains 610 HV power supply centers, 41.5 thousand distribution grid stations, 77.25 thousand km of overhead lines, and 81.83 thousand km of cable grids. In 2019, the Company’s revenue as per RAS totaled 160.4 billion rubles, while its net profit amounted to 6.6 billion rubles. The Company’s shares are traded on the Moscow Exchange. About the Report The 2019 Annual Report is the fifth integrated report of the Company. It presents financial, operating, and non-financial indicators that give a comprehensive view of the Company’s activities, including those relating to sustainable development, as well as PJSC MOESK’s core activities in Moscow Region in 2019 and its plans for 2020 and mid-term perspectives. The focus is ANNUAL REPORT also on the environmental and social aspects, which form an integral part of the Company’s operations, along with the Company’s contribution to the achievement of the UN’s sustainable development goals. of the Public Joint-Stock Company The Integrated Report has been prepared in line with the Russian law on reports of public joint-stock companies. The financial information is based on the financial accounting statements prepared according to the RAS and 2019 Consolidated Statements as per Moscow United Electric Grid Company IFRS. The full versions of these reports are available at the PJSC MOESK website (www.moesk.ru/en). for 2019 This Report was prepared following the principles and methods of the Global Reporting Initiative (hereinafter, the GRI Standards) supplemented by additional industry specific indicators of non-financial reporting as recommended for electric power sector companies. The disclosure level is Core. The reporting boundaries cover the Executive Bodies and 8 branch offices of PJSC MOESK without subsidiaries. The table with the complete list of aspects addressed in the report, as well as the corresponding indicators are presented in the GRI Content Index table. The previous report, containing information about the Company’s activities in the field of sustainable development, was issued in 2019 to demonstrate the results achieved by PJSC MOESK in 2018. Thus, this Integrated Report is a balanced and justified presentation of significant economic, social and environmental aspects, which determine the sustainable development indicators of PJSC MOESK. In the tables and charts, in certain cases minor discrepancy between the total and the sum of its components is explained by data rounding. Disclaimer The Annual Report of Public Joint-Stock Company Moscow United Electric Grid Company (hereinafter referred to as PJSC MOESK or the Company) for 2019 (hereinafter referred to as the Annual Report) is prepared based on the information available to the Company at the time of preparation hereof. Director General P. A. Sinyutin The Annual Report contains information about the Company’s performance in 2019, forward-looking statements, statements of intentions, opinions or current expectations of the Company concerning its performance, financial position, liquidity, prospects of growth, strategy, and development of the industry where the Company operates. Such forward-looking statements are inherently related to risks and uncertainty because they depend on events and circumstances that may or may not happen in the future. The Company informs the readers that the forward-looking statements are not a guarantee of future performance. The Company’s Head of Accounting – V. V. Vitinsky actual performance, financial position and liquidity, as well as the development of the industry where it operates may considerably differ Director of Department from forward-looking statements contained in the Annual Report. Moreover, even if the performance and events will match forward- looking statements contained in the Annual Report, such performance and events shall not be considered as an indicator of similar performance and events in the future. In addition to the official information about the Company’s performance, the Annual Report contains information received from third parties. Such information is obtained from sources that are considered reliable by the Company. However, the Company does not guarantee the accuracy of information received from third parties that may be summarized or incomplete. Moscow 2020 ANNUAL REPORT PJSC MOESK 2019 CONTENTS Key Reporting Indicators ....................................................................................................................................................4 3.3.2. Relations with Public Authorities and Organizations ....................................................................................99 Message from the Chairman of the Board of Directors.....................................................................................................6 3.3.3. Public Relations ...........................................................................................................................................100 Interview with the Director General ...................................................................................................................................8 3.3.4. Customer Relations .....................................................................................................................................106 Key Events of the Reporting Year and Post-Reporting Events ........................................................................................12 3.4. Environmental Policy ...................................................................................................................................111 3.4.1. Water ............................................................................................................................................................112 3.4.2. Biodiversity ..................................................................................................................................................113 3.4.3. Emissions ....................................................................................................................................................113 3.4.4. Effluents and Waste .....................................................................................................................................114 1. Company Profile ......................................................................................................16 3.4.5. Environmental Costs ....................................................................................................................................115 1.1. Overview ........................................................................................................................................................18 3.4.6. Environmental Control and Audit .................................................................................................................115 1.2. Business Model .............................................................................................................................................20 3.4.7. Environmental Training ................................................................................................................................116 1.3. Strategic Priorities .........................................................................................................................................25 3.5. Energy Efficiency and Power Consumption .................................................................................................117 1.3.1. Market Position and Development Prospects ...............................................................................................25 3.6. Occupational Health and Safety ...................................................................................................................121 1.3.2. Mission and Strategic Goals ..........................................................................................................................31 3.7. Personnel and Social Responsibility ............................................................................................................126 1.4. Key Performance Indicators ..........................................................................................................................34 3.7.1. HR Policy ......................................................................................................................................................126 1.5. Management Systems ...................................................................................................................................36 3.7.2. Social Responsibility ....................................................................................................................................132
Recommended publications
  • Annual Report 2018

    Annual Report 2018

    ANNUAL REPORT 2018 CONTRIBUTION TO THE SUSTAINABLE DEVELOPMENT OF GLOBAL ENERGY Contents 1 ASSOCIATION 2 THE GLOBAL ENERGY PRIZE 4 Key Indicators 44 About the Award 11 Address by the President of the Association 48 The International Award Committee 14 Key Events of 2018 52 Nomination Process 24 History of the Association 53 Nomination Cycle 26 Association Members 54 Nominating Persons 27 Organizational Structure 54 Independent International Experts Pool 29 Mission and Values 55 National Award Support Committees 30 Development Strategy 56 2018 Nomination Cycle Results 35 International Cooperation 57 Award Laureates 40 Financial Results 64 Award Development 65 Position in the Industry 3 PROGRAMS OF THE ASSOCIATION 4 SUSTAINABLE DEVELOPMENT 68 Programs and Contests of the Association. 80 Corporate Governance Development Plans 89 Internal Control and Audit 70 The Energy of Youth Contest 90 Implementation of IT-solutions 72 The Energy of Breakthrough Contest 91 HR Policy 74 The Energy of Thought Scientific Symposium 93 Interaction with Stakeholders 75 The Energy of Knowledge Program 96 Work with Award Laureates and Program Winners 76 The Energy of Education Program 77 The Energy of Inspiration Award 77 The Energy of Words International Media Contest 118 GLOSSARY 119 DISCLAIMER 119 CONTACT DETAILS 120 ANNEXES 120 1. About the Report 121 2. GRI Content Index 126 3. Financial Statements for 2018 130 4. Conclusion on the Results of the Audit of the Association Activities 132 5. Feedback Form TRANSFORMATION ASSOCIATION FOR FUTURE GROWTH 1 OUR ASSOCIATION HELPS TO SHAPE THE ENERGY OF THE FUTURE BY SUPPORTING ADVANCED SCIENTIFIC AND TECHNOLOGICAL DEVELOPMENTS AND STIMULATING 3 INTERNATIONAL ENERGY COOPERATION IN THE INTERESTS CORE ACTIVITIES OF ALL HUMANKIND.
  • Information Translation JSC Inter RAO 2014 Annual Report

    Information Translation JSC Inter RAO 2014 Annual Report

    1 Information translation JSC Inter RAO 2014 Annual Report Preliminarily approved by the Board of Directors of JSC Inter RAO on April 07, 2015 (Minutes No. 138 of the meeting of the Board of Directors dated April 09, 2015). Management Board Boris Kovalchuk Chairman Chief Accountant Alla Vaynilavichute 2 Table of content 1 Report overview ........................................................................................................................ 4 2 General information on Inter RAO Group .................................................................................. 8 2.1 About Inter RAO Group ..................................................................................................... 8 2.2 Group's key performance indicators ................................................................................. 14 2.3 Inter RAO Group on the energy market ........................................................................... 15 2.4 Associations and partnerships ......................................................................................... 15 3 Statement for JSC Inter RAO shareholders and other stakeholders ........................................ 18 4 Development strategy of Inter RAO Group and its implementation ......................................... 21 4.1 Strategy of the Company ................................................................................................. 21 4.2 Business model ..............................................................................................................
  • Moscow State University of Technology “STANKIN” PROGRAM

    Moscow State University of Technology “STANKIN” PROGRAM

    Moscow State University of Technology “STANKIN” PROGRAM V International Conference MODELING OF NON-LINEAR PROCESSES AND SYSTEMS Moscow 2020 SCHEDULE 16.11.20 Opening, Plenary session - 14.00-18.00 17.11.20 Plenary session - 12.00-15.00 18.11.20 Plenary session - 14.00- 14.40 18.11.20 Section 2. PROBLEMS OF ARTIFICIAL INTELLIGENCE – 13.00-18.00 Section 1. MATHEMATICAL MODELING METHODS AND APPLICATIONS – 10.00-13.45, 15.00-20.00 Section 6. WORKSHOP ON ADVANCED MATERIALS PROCESSING AND SMART MANUFACTURING – 10.00- 13.45, 15.00-18.00 19.11.20 Section 5. MODELING IN TECHNICAL SYSTEMS (INCLUDING MANAGEMENT) – 12.00-15.00 Section 3. MODELS OF KINETICS AND BIOPHYSICS- 10.00- 11.50, 14.30- 19.00 20.11.20 Section 4. ECONOMIC AND SOCIAL PROBLEMS – 13.00 – 16.30 - Invitations to participate in the ZOOM conference will be sent by the organizing Committee and the section chairs - Manuscripts can be submitted until December 1, 2020 - Please send your proposals for inclusion in the conference Decision to the organizing Committee by December 1, 2020 Note. There may be minor changes to the conference program Address: 1 and 3a, Vadkovskii lane, MSUT “STANKIN”, “Mendeleevskaya” Metro Station, two stops by any bus to “Vadkovskii pereulok” (towards Savelovskaya Metro Station) Contact: Organizing Committee +7(499) 972-95-20, +7(499)972-94-59 Room 404 or 357a, Department of Applied Mathematics, Vadkovskii lane, 3a +7-916-178-32-11 +7-926-387-91-80 2 PLENARY INTERNET-SESSION Monday, 16.11.2020 Lecture Hall 0311 14.
  • Specialised Asset Management

    Specialised Asset Management

    specialised research and investment group Russian Power: The Greatest Sector Reform on Earth www.sprin-g.com November 2010 specialised research and investment group Specialised Research and Investment Group (SPRING) Manage Investments in Russian Utilities: - HH Generation - #1 among EM funds (12 Months Return)* #2 among EM funds (Monthly return)** David Herne - Portfolio Manager Previous positions: Member, Board of Directors - Unified Energy Systems, Federal Grid Company, RusHydro, TGK-1, TGK-2, TGK-4, OGK-3, OGK-5, System Operator, Aeroflot, etc. (2000-2008) Chairman, Committee for Strategy and Reform - Unified Energy Systems (2001-2008) Boston Consulting Group, Credit Suisse First Boston, Brunswick. * Top 10 (by 12 Months Return) Emerging Markets (E. Europe/CIS) funds in the world by BarclayHedge as of 30 September 2010 ** Top 10 (by Monthly Return) Emerging Markets (E. Europe/CIS) funds in the world by BarclayHedge as of 31 August 2010 2 specialised research and investment group Russian power sector reform: Privatization Pre-Reform Post-Reform Government Government 52% 1 RusHydro 1 FSK RAO ES RAO UES 58% 79% hydro generation HV distribution 53% Far East Holding control control Independent energos 53% 1 MRSK Holding 14 TGKs 0% (Bashkir, Novosibirsk, ~72 energos 0% generation (CHP) generation Irkutsk, Tat) 35 federal plants transmission thermal 11 MRSK distribution 51% hydro LV distribution 0% ~72 SupplyCos supply 6 OGKs other 0% generation 45% InterRAO 0% ~100 RepairCos Source: UES, Companies Data, SPRING research 3 specialised research
  • Revista Inclusiones Issn 0719-4706 Volumen 7 – Número Especial – Octubre/Diciembre 2020

    Revista Inclusiones Issn 0719-4706 Volumen 7 – Número Especial – Octubre/Diciembre 2020

    CUERPO DIRECTIVO Mg. Amelia Herrera Lavanchy Universidad de La Serena, Chile Director Dr. Juan Guillermo Mansilla Sepúlveda Mg. Cecilia Jofré Muñoz Universidad Católica de Temuco, Chile Universidad San Sebastián, Chile Editor Mg. Mario Lagomarsino Montoya OBU - CHILE Universidad Adventista de Chile, Chile Editor Científico Dr. Claudio Llanos Reyes Dr. Luiz Alberto David Araujo Pontificia Universidad Católica de Valparaíso, Chile Pontificia Universidade Católica de Sao Paulo, Brasil Dr. Werner Mackenbach Editor Europa del Este Universidad de Potsdam, Alemania Dr. Aleksandar Ivanov Katrandzhiev Universidad de Costa Rica, Costa Rica Universidad Suroeste "Neofit Rilski", Bulgaria Mg. Rocío del Pilar Martínez Marín Cuerpo Asistente Universidad de Santander, Colombia Traductora: Inglés Ph. D. Natalia Milanesio Lic. Pauline Corthorn Escudero Universidad de Houston, Estados Unidos Editorial Cuadernos de Sofía, Chile Dra. Patricia Virginia Moggia Münchmeyer Portada Pontificia Universidad Católica de Valparaíso, Chile Lic. Graciela Pantigoso de Los Santos Editorial Cuadernos de Sofía, Chile Ph. D. Maritza Montero Universidad Central de Venezuela, Venezuela COMITÉ EDITORIAL Dra. Eleonora Pencheva Dra. Carolina Aroca Toloza Universidad Suroeste Neofit Rilski, Bulgaria Universidad de Chile, Chile Dra. Rosa María Regueiro Ferreira Dr. Jaime Bassa Mercado Universidad de La Coruña, España Universidad de Valparaíso, Chile Mg. David Ruete Zúñiga Dra. Heloísa Bellotto Universidad Nacional Andrés Bello, Chile Universidad de Sao Paulo, Brasil Dr. Andrés Saavedra Barahona Dra. Nidia Burgos Universidad San Clemente de Ojrid de Sofía, Bulgaria Universidad Nacional del Sur, Argentina Dr. Efraín Sánchez Cabra Mg. María Eugenia Campos Academia Colombiana de Historia, Colombia Universidad Nacional Autónoma de México, México Dra. Mirka Seitz Dr. Francisco José Francisco Carrera Universidad del Salvador, Argentina Universidad de Valladolid, España Ph.
  • Annual Report ‘06 Contents

    Annual Report ‘06 Contents

    ANNUAL REPORT ‘06 CONTENTS MESSAGE TO SHAREHOLDERS ————————————————————————————— 4 MISSION AND STRATEGY ———————————————————————————————— 7 COMPANY OVERVIEW ————————————————————————————————— 13 ² GENERAL INFORMATION 13 ² GEOGRAPHIC LOCATION 14 ² CALENDAR OF KEY 2006 EVENTS 15 ² REORGANIZATION 16 CORPORATE GOVERNANCE —————————————————————————————— 21 ² PRINCIPLES AND DOCUMENTS 21 ² MANAGEMENT BODIES OF THE COMPANY 22 ² CONTROL BODIES 39 ² AUDITOR 40 ² ASSOCIATED AND AFFILIATED COMPANIES 40 ² INTERESTED PARTY TRANSACTIONS 41 SECURITIES AND EQUITY ——————————————————————————————— 43 ² CHARTER CAPITAL STRUCTURE 43 ² STOCK MARKET 44 ² DIVIDEND HISTORY 48 ² REGISTRAR 49 OPERATING ACTIVITIES. KEY PERFORMANCE INDICATORS ——————————————— 51 ² GENERATING FACILITIES 51 ² FUEL SUPPLY 52 ² ELECTRICITY PRODUCTION 56 ² HEAT PRODUCTION 59 ² BASIC PRODUCTION ASSETS REPAIR 59 ² INCIDENT AND INJURY RATES. OCCUPATIONAL SAFETY 60 ² ENVIRONMENTAL SAFETY 61 ELECTRICITY AND HEAT MARKETS ——————————————————————————— 65 ² COMPETITIVE ENVIRONMENT. OVERVIEW OF KEY MARKETS 65 ² ELECTRICITY AND HEAT SALES 67 FINANCIAL OVERVIEW ————————————————————————————————— 73 ² FINANCIAL STATEMENTS 73 ² REVENUES AND EXPENSES BREAKDOWN 81 INVESTMENT ACTIVITIES ———————————————————————————————— 83 ² INVESTMENT STRATEGY 83 ² INVESTMENT PROGRAM 84 ² INVESTMENT PROGRAM FINANCING SOURCES 86 ² DEVELOPMENT PROSPECTS 87 INFORMATION TECHNOLOGY DEVELOPMENT —————————————————————— 89 PERSONNEL AND SOCIAL POLICY. SOCIAL PARTNERSHIP ———————————————— 91 INFORMATION FOR INVESTORS AND SHAREHOLDERS ——————————————————
  • Current Vegetation Data from the Prioksko-Terrasnyi Biosphere Reserve

    Current Vegetation Data from the Prioksko-Terrasnyi Biosphere Reserve

    Biodiversity Data Journal 9: e71266 doi: 10.3897/BDJ.9.e71266 Data Paper Current vegetation data from the Prioksko- Terrasnyi Biosphere Reserve Mikhail Shovkun‡, Natalya Ivanova§§, Larisa Khanina , Michael S. Romanov§‡, Vasily Demidov ‡ Prioksko-Terrasnyi Biosphere Reserve, Danki, Russia § Institute of Mathematical Problems of Biology RAS – branch of the Keldysh Institute of Applied Mathematics of Russian Academy of Sciences, Pushchino, Russia Corresponding author: Mikhail Shovkun ([email protected]), Natalya Ivanova ([email protected]), Larisa Khanina ([email protected]), Vasily Demidov ([email protected]) Academic editor: Ivan Chadin Received: 08 Jul 2021 | Accepted: 17 Aug 2021 | Published: 25 Aug 2021 Citation: Shovkun M, Ivanova N, Khanina L, Romanov MS, Demidov V (2021) Current vegetation data from the Prioksko-Terrasnyi Biosphere Reserve. Biodiversity Data Journal 9: e71266. https://doi.org/10.3897/BDJ.9.e71266 Abstract Background Here we present the sampling event dataset that contributes to the knowledge of current vegetation of the Prioksko-Terrasnyi Biosphere Reserve (part of the UNESCO World Network of Biosphere Reserves), Moscow Region, Russia. The Reserve is situated on the terraces of the Oka River in the zone of mixed coniferous forests. New information The dataset provides 269 relevés (9174 associated occurrences) of renewed vegetation collected in 2019-2020. It is aimed at sampling vegetation data from the Reserve area with particular interest to sites with invasive species and sites with recent deadfall in the spruce stands caused by the bark beetle-typographer. The dataset contains representative information on plant communities in localities with assigned GPS coordinates, sampled using the standard relevé method with the Braun-Blanquet cover-abundance scale.
  • Joining Efforts Annual Report 2018 | Joining Efforts

    Joining Efforts Annual Report 2018 | Joining Efforts

    JOINING EFFORTS JOINING EFFORTS ANNUAL REPORT IDGC OF CENTER AND VOLGA REGION, PJSC ANNUAL REPORT 2018 | JOINING EFFORTS INFORMATION ABOUT THE REPORT The Annual Report of IDGC of Center and Volga Region for 2018 (hereinafter “the Annual Report”) represents the production and financial results and covers certain aspects of the Company’s corporate governance activities. The Annual Report also includes a brief disclosure of information about the Company’s activities associated with its sustainable growth using certain elements of the GRI Standards methodology, and identifying the UN goals, to which the Company is committed. A more detailed information disclosure on sustainable development issues in full compliance with the requirements of the GRI Standards methodology is provided as part of a specialized report published on the Company’s official website every two years (https://www.mrsk-cp.ru/stockholder_investor/ disclosure_reporting_info/sotsialnye-otchety/). The Annual Report was prepared based on the effective data available to the Company at the time of its drafting. Financial and economic indicators contained in the Annual Report comply with the IFRS, unless otherwise specified. In a number of sections of the Annual Report, figures for the previous periods and expectations, forecasts or plans of the Company regarding future periods are provided to demonstrate the dynamics of significant processes. The information disclosed in the Annual Report, with the exception of financial results under the IFRS, does not include subsidiaries and affiliates of IDGC of Center and Volga Region, as they do not have a significant impact neither on the Company’s performance indicators, nor on the results of its activities aimed at sustainable development.
  • 1 Public Joint Stock Company ROSSETI 2020 ANNUAL

    1 Public Joint Stock Company ROSSETI 2020 ANNUAL

    Public Joint Stock Company ROSSETI 2020 ANNUAL FINANCIAL REPORT in compliance with the UK Disclosure and Transparency Rules April 2021 Moscow 1 Company review In accordance with Russian Federation Presidential Decree No. 1567 of November 22, 2012 "On Open Joint Stock Company Russian Grids" and the Electric Grid Sector Development Strategy No. 511-r of April 3, 2013, the following functions are assigned to ROSSETI: strategic functions; coordinating functions; supervising functions; addressing the institutional challenges facing the entire industry; participation in the consolidation of local grid operators (LGOs) in order to ensure the required level of reliability and quality of power supply to consumers. History 1992–2008 2003–2008 2008–2013 2014–… Establishment and Restructuring the energy Structuring of the ROSSETI Development and digital activities of RAO industry Group transformation of the UES of Russia JSC ROSSETI Group 1992 Based on the 2003 The Board of Directors of RAO 2012 The Decree of the President of 2017 Ordinary shares of Decree of the UES of Russia JSC developed and the Russian Federation sets out the PJSC ROSSETI were transferred to President of the adopted the strategy of RAO UES of main tasks for further restructuring Level 1 quotation list of the Moscow Russian Federation Russia JSC for 2003–2008 (5 + 5) of the sector, including the Exchange; PJSC ROSSETI's securities which was aimed at creating a RAO UES of Russia, a establishment of JSC ROSSETI to were included in the FTSE4Good competitive market in certain Russian energy improve the efficiency and Emerging Index calculation base segments of the industry, improving development of the electric grid grounded on sustainability criteria.
  • Valuation Report PO-17/2015

    Valuation Report PO-17/2015

    Valuation Report PO-17/2015 A portfolio of real estate assets in St. Petersburg and Leningradskaya Oblast', Moscow and Moskovskaya Oblast’, Yekaterinburg, Russia Prepared on behalf of LSR Group OJSC Date of issue: March 17, 2016 Contact details LSR Group OJSC, 15-H, liter Ǩ, Kazanskaya St, St Petersburg, 190031, Russia Ludmila Fradina, Tel. +7 812 3856105, [email protected] Knight Frank Saint-Petersburg ZAO, Liter A, 3B Mayakovskogo St., St Petersburg, 191025, Russia Svetlana Shalaeva, Tel. +7 812 3632222, [email protected] Valuation report Ň A portfolio of real estate assets in St. Petersburg and Leningradskaya Oblast', Moscow and Moskovskaya Oblast’, Yekaterinburg, Russia Ň KF Ref: PO-17/2015 Ň Prepared on behalf of LSR Group OJSC Ň Date of issue: March 17, 2016 Page 1 Executive summary The executive summary below is to be used in conjunction with the valuation report to which it forms part and, is subject to the assumptions, caveats and bases of valuation stated herein. It should not be read in isolation. Location The Properties within the Portfolio of real estate assets to be valued are located in St. Petersburg and Leningradskaya Oblast', Moscow, Yekaterinburg, Russia Description The Subject Property is represented by vacant, partly or completely developed land plots intended for residential and commercial development and commercial office buildings with related land plots. Areas Ɣ Buildings – see the Schedule of Properties below Ɣ Land plots – see the Schedule of Properties below Tenure Ɣ Buildings – see the Schedule of Properties below Ɣ Land plots – see the Schedule of Properties below Tenancies As of the valuation date from the data provided by the Client, the office properties are partially occupied by the short-term leaseholders according to the lease agreements.
  • Valuation Report

    Valuation Report

    VALUATION REPORT Portfolio of Properties Valuation report #20/07-134CV as at December 31, 2010 On behalf of OJSC “PIK Group of Companies” Part I CB RICHARD ELLIS | VALUATION REPORT CB Richard Ellis, LLC 12, Trubnaya Street, Moscow 107045, Russia Telephone +7 (495) 258 3990 Fax No +7 (495) 258 3980 [email protected] www.cbre.ru Addressees: OJSC “PIK Group of Companies” Moscow, Russia 123242 Barrikadnaya St., 19, bld. 1 February 17, 2011 Ladies and Gentlemen, VALUATION OF PROPERTIES LOCATED IN 29 CITIES AND SETTLEMENTS IN RUSSIA 2 PAGE 1 Instructions 1.1 In accordance with valuation agreement #20/07-134CV dated July 27, 2010 between OJSC “PIK Group of Companies” (hereinafter referred to as “PIK” or “the REPORT VALUATION Client”) and CB Richard Ellis LLC, we have inspected the properties completed, offered for lease and partially sold described in Schedule 1 (the "Properties Held as Investment), the properties in the course of development described in Schedule 2 (the “Properties in the Course of Development”), and the properties held for future development described in Schedule 3 (the “Properties Held for Development”), and made relevant enquiries in order to provide our opinion of Market Value of the interests held therein as at December 31st, 2010 (the “Valuation Date”). Thus, this appraisal incorporates the value of freehold interests in land plots and buildings, long-term and short-term leasehold interests in land with rights to develop the identified projects, and the value of the rights for future freehold interests in apartments on completion. The detailed information on the rights valued are provided in the full valuation reports issued by region.
  • Responsible Consumption: New Business Opportunities and Cases of Russian Companies

    Responsible Consumption: New Business Opportunities and Cases of Russian Companies

    RESPONSIBLE CONSUMPTION: NEW BUSINESS OPPORTUNITIES AND CASES OF RUSSIAN COMPANIES SKOLKOVO Institute for Emerging Market Studies Sustainable Business Centre This report has been published with the support of Unilever, a co-founder and partner of the Sustainable Business Centre of the Institute for Emerging Market Studies (SKOLKOVO IEMS), Moscow School of Management SKOLKOVO. ACKNOWLEDGMENTS Unilever is a leading global manufacturer of consumer goods, with products sold in more than 190 countries. Unilever employs about 169,000 people worldwide, with a turnover of EUR 52.7 billion in 2016. Unilever has four production sites in Russia, based in St. Petersburg, Tula, Omsk, and Yekaterinburg. In 2017, the company celebrated its 25th anniversary in Russia. The report was prepared by a team of Sustainable Business Centre of the Institute for Emerging Market Studies (SKOLKOVO IEMS): Natalia ZAITSEVA, Project Manager, Head of the Sustainable Business Centre PROJECT TEAM Anastasia BELOSTOTSKAYA, Analyst, Sustainable Business Centre Alina CHURIKOVA, Researcher, Sustainable Business Centre Yulia FETISOVA, Researcher, Sustainable Business Centre Angie GAREEVA, Researcher, Sustainable Business Centre Kamila NOVAK, Senior Analyst, Sustainable Business Centre Yulia POLONSKAYA, Researcher, Sustainable Business Centre Agata POSTNOVA, Researcher, Sustainable Business Centre Olga SEDINKINA, Researcher, Sustainable Business Centre Svetlana BEDIRKHANOVA, layout designer The project team is also very grateful to: Alexey KALININ, Director of the Institute for Emerging Market Studies of the Moscow School of Management SKOLKOVO, for his intellectual mentoring and support throughout the entire project; and the Chair of Strategic Marketing of the Moscow School of Management SKOLKOVO for professional insights and expert comments provided in the course of the report’s preparation.