The AGM summed up the results of operational and financial activities of Kubanenergo PJSC in 2015.
In his report on the core activities of the company and the goals achieved in 2015, Alexandr Gavrilov, Director General of Kubanenergo PJSC, stressed that the Company adhered to the plan of development aimed at reliability and safety of power supply, provision of sufficient energy infrastructure in the Krasnodar region and the Republic of Adygea. The net profit of the Company accumulated from the revenue for electricity transmission reached 1.5 billion rubles.
At the AGM shareholders decided to pay the dividends from common stock shares of the Company by the results of 2015 and a proposition to embark 4.047105 rubles per one common stock share of the Company in cash form.
The share of Kubanenergo on regional market of electricity transmission was 70.4% in 2015. The total electrical supply reached 25.5 billion kW*h, which higher in comparison 2014. Modernization and renovation of grid facilities as well as growth of grid connections allow us to state that Kubanenergo will keep its dominant position in 2016 as well.