Company News

JSC TGC-1 releases its audited consolidated Financial Statements for the 12 months period, ended December 31, 2012 prepared in accordance with International Financial Reporting Standards (IFRS).

March 12, 2013 in Rayakoski settlement traditional Ski-track of Friendship between the countries of Barents region was held. Ski-track of Friendship is a unique massive ski-race across the territory of three neighbor countries —Russia, Finland and Norway. The organizer and the official partner of this event is TGC-1.

March 12, 2013 after a complete repair hydroelectric generator № 2 of TGC-1’s Niva HPP-2 starts its operation.

March 12, 2013 Physical Culture and Sports Committee of Murmansk region organized a press conference on the traditional international mass ski race Ski-track of Friendship, which is going to be held on on 16 March 2013.

March11, 2013 Yuzhnaya CHP was visited by the representatives of the Consulate General of Finland in St. Petersburg. Station director Andrey Sergeyev made for them a round trip. The guests examined some equipment in the engine room, inspected the new energy unit, launched in 2011, visited the control room, from which specialists can conduct modern energy system.

At Niva HPP-3, underground stations of TGC-1's Nivskiye HPPs Cascade, located in Kandalaksha, fire-fighting exercise was carried out. Operational staff of power station and Kandalaksha’s fire garrison took part in training, maneuvers were controlled by the firefighters from other settlements of Murmansk region.

March 6, 2013 in Astoria hotel business magazine Expert North-West held annual award ceremony Expert of the Year. Igor Tarasov, head of the department of capital construction at Pravoberezhnaya CHP became one of the winners in the category Industry.

Traditional meeting of control center workers from Murmansk region took place in Murmashi. The main purposes of this meeting were to analyze the results of cooperation between the companies in 2012 and to discuss co-ordination plan for the current year.

March 5, 2013 Lappeenranta University’s professors and management visited the head office of TGC-1.

OJSC TGC-1 releases its Accounting Statements for the year 2012, prepared in accordance with Russian Accounting Standards (RAS).