Company News

On May 19, 2016 the employees of JSC TGC-1 planted the Norway maples in the historical center of Petrozavodsk opposite to the Museum of Fine Arts of Karelia and the Kantele House on Karl Marks Avenue. Young trees were grown in the nursery garden in St. Petersburg.

On May 20, 2016 it has been 10 years since the first power generating unit of Pravoberezhnaya CHPP was put into operation.

On May 19, 2016, a round table discussion, Non-payments in the power sector and investment programs implementation for energy enterprises, was held as part of the Russian International Energy Forum Edward Lisitskiy, Deputy General Director for Development of TGC-1, discussed the impact of debt for the supplied resources on heating grids modernisation, as well as the practical cooperation between power engineers and public officers, and communication with consumers

In the framework of the Russian International Energy Forum, the awardees and winners of competition of the science and technology development projects in the area of energy of the Ministry of Energy of the Russian Federation have been awarded.

JSC TGC-1 releases unaudited interim consolidated Financial Statements for the 3 months period, ended March 31, 2016 prepared in accordance with International Financial Reporting Standards (IFRS).

Today in the headquarters of PJSC Gazprom, in the lead-up to the annual General Shareholders' Meeting of the Company, press conference "Gazprom's Power Generation Strategy" was held. The participant was Denis Fedorov, Head of Department in PJSC Gazprom and General Director of Gazprom energoholding LLC.

Inna Malakhova was appointed Head of Financial Department of JSC TGC-1.

On May 5, 2016, pursuant to the decree of the Ministry of Construction, Housing and Utilities of the Republic of Karelia No. 130 of May 4, 2016, JSC TGC-1 Petrozavodskaya CHPP, basic heat supply facility in Petrozavodsk, shifted to the summer operation mode.

On May 5, 2016, JSC TGC-1 Apatitskaya CHPP held a function dedicated to unveiling of a memorial sign in memory of soldiers who were working at the plant after the Great Patriotic War.

JSC TGC-1 published its 1Q 2016 financial statements under the Russian Accounting Standards (RAS).