TGK-1 boosted profits
The TGK-1
Northwest Russian electricity generator TGK-1 in 2009 boosted net profits to 3 billion RUB.
General Director Boris Vaynzikher told journalists that the company, the main electicity generator in Northwest Russia, in 2009 had a net profit of three billion RUB. He also said that the company had invested a total of 19 billion RUB in the course of the year, Regnum reports.
TGK-1 is controlled by Gazprom. It owns generating units in Murmansk Oblast, the Republic of Karelia, Leningrad Oblast and the city of St.Petersburg.
-In general, last year was a successful one for us, Mr. Vaynzikher told Regnum.
Electricity generation was down 0,7 percent in 2009. But hydropower generation was up three percent.
In 2010, the company intends to invest a total of 15,9 billion RUB.
TGK-1 is controlled by Gazprom. It owns generating units in Murmansk Oblast, the Republic of Karelia, Leningrad Oblast and the city of St.Petersburg.
-In general, last year was a successful one for us, Mr. Vaynzikher told Regnum.
Electricity generation was down 0,7 percent in 2009. But hydropower generation was up three percent.
In 2010, the company intends to invest a total of 15,9 billion RUB.
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