Company News

June 24, 2014 General Meeting of Shareholders "Murmansk HPP" held. Company's annual report for 2013 and annual financial statements were approved by the Company.

On June 16 2014, the JSC TGC-1 Annual General Shareholders Meeting was held.

Gala events were held today in St. Petersburg to mark the commissioning of a state-of-the-art power-engineering facility – 110/6 kV indoor switchgear equipment at the Centralnaya CHPP.

JSC TGC-1 is constantly working to reduce environmental impact and promote environmentally efficient technologies.

On June 2, 2014, an extended meeting of working group on the matters of energy supply of the Murmansk Oblast took place at the Kolskiy Branch of JSC TGC-1 under the supervision of the Minister of Energy Industry of Russia, Alexey Texler.

The Petrozavodskaya CHPP of JSC TGC-1 has launched an extensive project to modernise the heating pipeline network in the centre of Petrozavodsk along Anokhina Str. – from Neglinka to Lososinka.

OJSC TGC-1 releases its abbreviated interim unaudited consolidated Financial Statements for the 3 months period, ended March 31, 2014 prepared in accordance with International Financial Reporting Standards (IFRS).

On 23 May, the Apatitskaya CHPP of TGC-1 celebrates its 55-th Anniversary. The power plant is the largest heat supply enterprise in the Murmansk Oblast and the only heat source of the cities Apatity and Kirovsk.

On May 20, 2014, the First National Conference on Development of Aquaculture in Russia was held in Murmansk. Over 130 representatives of the federal and local profile authorities, fisheries associations and unions, R&D institutions, Russian and international plants specialized in fish rearing for sale attended this conference.

On 15 May 2014, pursuant to an Order from the Petrozavodsk District Municipal Administration, the Petrozavodskaya CHPP, a strategic producer of heat energy and electricity for the capital of Karelia, switched to summer operational mode.