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The Company in the News
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23.10.2008
Big Firms Missing Electricity Payments
Several metals and mining companies have stopped paying their electricity bills, threatening winter heating and electricity supplies for households, the head of the country's biggest private electricity producer said in an interview Wednesday. "We are now facing an increase in payment delays from big consumers, mainly metals and mining companies, both ferrous and nonferrous," Mikhail Slobodin, president of Integrated Energy System, said in a telephone interview.
27.08.2008
IES to Pay $1Bln for Power Upgrades
Integrated Energy System, or IES, will invest 26 billion rubles ($1 billion) in upgrading its Volga division stations over the next four years, company president Mikhail Slobodin said Tuesday as he decommissioned a 77-year-old German turbine.
18.07.2008
Integrated Energy Systems to Invest USD 6 Billion in Development of Four TGC’s within 3-4Years
CJSC Integrated Energy Systems /IES/ plans to invest USD 6 billion within the next 3-4 years in development of the four generation companies included in the holding company, IES-Holding President Mikhail Slobodin told journalists in Nizhny Novgorod on Thursday.
18.07.2008
IES-Holding to Sell RKS’s Heat Assets as Part of the Company’s Spinning-Off by 2009
IES-Holding will sell the heat assets of OJSC Russian Utility Systems as part of RUS’s spinning-off from IES by 1 January, 2009, IES-Holding President Mikhail Slobodin told a press-conference in Nizhny Novgorod on Thursday.
17.07.2008
IES to Establish by Autumn a Division to Manage TGC-6 Assets Headed by Its General Director
IES-Holding plans to form an Upper Volga Generation division by 1 September to manage TGC-6 generating company’s assets, IES President Mikhail Slobodin reported on Thursday.
15.07.2008
Andrey Makarov, Executive Vice President, CJSC IES: New Structure of TGC-5 and TGC-9 Asset Management Will Bring Considerable Economic Benefits
In the spring of 2008, IES-Holding initiated internal transformations associated with the acquisition of major energy assets and introduction of the Company’s new business model.
10.07.2008
IES Seeks $1Bln for Its Noncore Assets
Viktor Vekselberg's Integrated Energy Systems will seek to raise $1 billion from the sale of noncore electricity assets in the next six months to a year, general director Mikhail Slobodin said.
07.07.2008
IT STRATEGY OF IES-HOLDING. Introduction of Innovations in a Changing Industry
Russia's power engineering reform has opened new horizons for the use of information technologies by energy companies. Introduction of innovations has become a priority for the changing industry. The new market makes innovations a key success factor for implementation of the company's business strategy.
30.06.2008
A promise that will take three years to keep
This is at the minimum how long it will take the outputs of the power industry reform to become obvious, IES-Holding President Mikhail Slobodin believes.
27.06.2008
Mikhail Slobodin, 'We Have Purchased Everything We Wanted To'
Energetika I Promyshlennost Rossii begins a cycle of interviews with top managers of the Russian power industry who deserve being called "successors to Chubais".
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