PJSC FGC UES is one of the world's largest public grid companies in terms of line length and transformer capacity. It is the largest SDC of the Rosseti group of companies. FGC UES is responsible for 143.6 thousand km of high-voltage transmission lines and 947 substations with a total installed capacity of more than 347.3 thousand MVA.
Service area: the company provides reliable power supply to consumers in 77 regions of Russia, serving an area of about 15.1 million square meters. km.
History of development
FGC UES was created in the course of a large-scale reform of the Russian electricity sector. When creating the "Federal Grid Company UES" sole founder- RAO "UES of Russia" was transferred to authorized capital new society backbone electric grid complex. The state registration of the company took place in June 2002.
In 2007, the shareholders decided to reorganize FGC UES by merging with it the following companies: RAO UES of Russia, State Holding, Minority Holding FGC UES, as well as 56 MSKs and seven MMSKs. In 2008, the backbone grid companies were merged, which meant the completion of the consolidation of the assets of the Federal Grid Company.
In 2012 JSC FGC UES was appointed sole executive body JSC IDGC Holding. In June 2013, the state-owned stake in JSC FGC UES was transferred to the authorized capital of JSC Russian Grids.
Later, the Company was renamed PJSC FGC UES.
Assets/production facilities
Number of substations 35 kV and above - 947 pcs.
Substation capacity 35 kV and above - 347.3 thousand MVA
Number of transformer substations (RP) 6-35 kV - 303 pcs.
The length of power transmission lines (by circuits) is 143.6 thousand km
The total volume of electrical networks is 1362 thousand conv. units
Key indicators activities, 09.2018:
- Supply from the grid - 411.68 billion kWh
- Net profit - 33.3 billion rubles.
- EBITDA - 99.8 billion rubles.
- Revenue - 160.6 billion rubles.
- The average number of employees is 22.05 thousand people.
- Capitalization - 211.1 billion rubles
- The investment program for 2018-2020 is 289.12 billion rubles.
In 2017, the volume of electricity supply from the grid amounted to 547,351 million kWh, while the losses amounted to 24,307 million kWh (4.44% of the supply from the network through the UNEG).
In 2017, 17 major technological connections were made.
Investment program
The total volume of planned for 2016-2020. investments is 479.07 billion rubles. Financing of the investment program for the period 2016-2020 provided at the expense of the own funds of PJSC FGC UES, bonded loans, loans of organizations and funds federal budget. The program provides for an even distribution of investment costs within a five-year period, which will allow the Company to maintain a balanced structure of its funding sources.
The investment program of the company assumes in 2016-2020. commissioning of 40 GVA of capacity and 10.9 thousand km of power transmission lines into the company's fixed assets.
Shareholders and Management
The authorized capital of PJSC FGC UES is 637,332,661,531 rubles 50 kopecks and is divided into 1,274,665,323,063 ordinary shares face value 50 kopecks each.
PJSC Rosseti owns 80.13% of the placed shares of PJSC FGC UES, minority shareholders own 19.28% of the shares of the Federal Grid Company, and the Federal Property Management Agency owns 0.59%.
Chairman of the Board - Murov Andrey Evgenyevich, Chairman of the Board of Directors - Livinsky Pavel Anatolyevich.
open Joint-Stock Company The Federal Grid Company of the Unified Energy System (Federal Grid Company, FGC) was established on June 25, 2002 in accordance with the power industry reform program as a monopoly operator for managing the Unified National (All-Russian) Electric Grid (UNEG) in order to preserve and develop it.
Assets
2017: VOLS
The length of the basic technological communication network of FGC UES - fiber-optic lines (FOCL) - in 2017 increased to 73.6 thousand km. By 2025, it is planned to expand it to 105,000 km, which, along with other modern telecommunication technologies (spectral multiplexing (WDM), packet data transmission (Ethernet), will allow covering about 90% of the company's substations with digital communication channels. This will improve the quality of infrastructure management, reliability of power supply to consumers, will contribute to the optimization of operating costs.
Digital communication channels are necessary for the transmission of key corporate and technological information, including accounting data, real-time performance indicators of the energy infrastructure, etc. An opportunity is being created for the implementation of smart grid technologies and digital substation solutions. The FOCL itself serves as the basis for the development of remote control of facilities - one of the key areas of digitalization of FGC UES.
Until 2021, telecontrol will be implemented at 93 FGC UES substations. Also, by 2025, it is planned to complete 32 digital projects related to the integrated implementation of digital solutions at power facilities.
2010
FGC power grid facilities are located in 73 regions Russian Federation with total area over 13.6 million sq. km. The company operates 121,000 km of transmission lines and 797 substations with a total installed transformer capacity of more than 305,000 MVA of voltage class 35-1150 kV.
FGC has 51 branches, including 8 branches of backbone electric grids (MES), 41 backbone electric grid enterprises (PMES), 1 motor transport enterprise and 1 specialized production base.
Main activities
- Management of the Unified National (All-Russian) Electric Grid;
- Provision of services to subjects wholesale market electrical energy for the transmission of electrical energy and connection to the electrical network;
- Investment activities in the development of the Unified National (All-Russian) Electric Grid;
- Maintenance of electrical networks in proper condition;
- Technical supervision of the state of network facilities.
Performance indicators
2009
The Company's gross revenue under RAS for 2009 amounted to RUB 85.1 billion. The value of the net assets of the Federal Grid Company as of December 31, 2010 amounted to 579.746 billion rubles. Loans and credits were at the level of 13 billion rubles.
In 2009, the supply of electricity from the UNEG to the networks of distribution grid companies, direct consumers participating in the WECM and independent AO-energos amounted to 452,662 million kWh, and the supply of electricity to neighboring countries - 13,628 million kWh. At the same time, the total actual losses of electricity in 2009 were at the level of 22,121 million kWh.
The number of employees is 21,500 people.
The structure of the company
Stock
The authorized capital of the Federal Grid Company is RUB 616,780,666,776. and divided into 1,233,561,333,552 ordinary shares with a par value of 50 kopecks each. The largest shareholder of the Company is the state with a share of ownership of 79.11%. 20.89% of the Company's outstanding shares are owned by over 470,000 minority shareholders.
Trading in FGC shares on the stock exchanges CJSC MICEX Stock Exchange (MICEX) and JSC RTS Stock Exchange (RTS) began on July 16, 2008. Due to legal restrictions on the minimum state ownership of 75% plus 1 share, the shares of the Federal Grid Company cannot be quoted on the "A" list of both levels. Since December 2008, the shares of the main issue (state registration number 1-01-65018-D dated September 10, 2002) have been included in the list valuable papers, admitted to circulation in the quotation list "B" of the MICEX and RTS stock exchanges. They have been assigned the trade code FEES, the ISIN number is RU000A0JPNN9. On August 27, 2009, ordinary shares of the Federal Grid Company began trading on the RTS Standard share market, they were assigned the trading code FEES.
On June 24, 2008, FGC received permission from the Federal Financial Markets Service of Russia to place and circulate outside Russia the equity securities of all issues of the Company's ordinary shares registered to date in an amount not exceeding 287,269,492,431 ordinary shares of the Company.
The launch of the unlisted GDR program under Regulation S and Rule 144A, certifying rights in respect of the Company's ordinary shares, took place on June 30, 2008. One depository receipt is represented by 500 ordinary registered book-entry shares of FGC. Deutsche Bank is the depositary bank of the program.
As of June 30, 2010, the amount of FGC's depository receipts program is about 0.2% of the Company's charter capital. The total number of registered ordinary shares of the Federal Grid Company included in the GDR program is 2,070,576,000, which corresponds to 4,141,152 GDRs.
Information Technology
About development information systems"FGC UES" read in a separate article on.
Story
2016-2017
In 2016-2017, FGC UES completed several major projects for the implementation of FOCL: in the Far East - on the sections of the power transmission line from the Nizhny Kuranakh substation to Maya and Olekminsk (890 km), in the South - from the Rostov NPP to the substation " Tikhoretskaya" (340 km). FOCLs were also introduced on the Urengoy-Mangazeya lines (305 km) in Western Siberia, "Kostroma - Kirov" (350 km) in the Center and the Volga region, "Nalchik - Vladikavkaz-2" (210 km) in the North Caucasus.
First, let's figure out what kind of company FSK is and what it does? Let's look at the history of the company.
The decision to establish the Federal Grid Company was taken by the Government of Russia in the summer of 2001 as part of the reform of the electric power industry. The Federal Grid Company was established as an organization for the management of the Unified National Electric Grid (UNEG). State registration The company took place on June 25, 2002. OAO RAO "UES of Russia", which acted as the sole founder, transferred to the authorized capital of the Company a backbone electric grid complex related to the UNEG.
At the same time, as part of the reform of the electric power industry, the process of consolidating the power grid facilities belonging to the UNEG under the control of the Federal Grid Company took place. In 2007, on the basis of the reorganized AO-energos (subsidiaries and affiliates of OAO RAO UES of Russia), 56 backbone grid companies (MTCs) were established. MSK shares owned by OAO RAO "UES of Russia" were transferred as payment for the additional issue of shares of the Federal Grid Company. On July 1, 2008 RAO UES of Russia and 54 MSKs were merged into the Federal Grid Company. Another 2 MSCs (JSC Tomsk Trunk Grids and JSC Kuban Trunk Grids) remained its subsidiaries. As a result, more than 470,000 former shareholders of OAO RAO UES of Russia and MSK became shareholders of the Federal Grid Company.
Today, the Federal Grid Company is a unique infrastructure that forms the physical framework of the state's economy. FGC is responsible for 139,000 km of high-voltage transmission lines and 924 substations with a total capacity of more than 332,000 MVA. The company provides reliable energy supply to consumers in 77 regions of Russia, serving an area of about 15.1 million km2. Electricity transmitted through the networks of PJSC FGC UES covers about half of the total energy consumption of the entire country. It is part of PJSC Rosseti, the largest energy holding in the country, which owns 80.13% of the company's shares.
There is no FGC only in the Far East.
Next, first of all, I want to consider the main (possible) drivers for the revaluation of the company's shares:
1-Dividends
Decree of the Government of the Russian Federation of May 29, 2017 N 1094, which reads (the amount allocated for the payment of dividends is at least 50 percent net profit joint-stock company, determined according to the data financial reporting, including the consolidated one compiled in accordance with international standards financial statements, with the amendment specified in subparagraph "a" of paragraph 1 of this order, the amount is calculated taking into account the exclusion from the amount of net profit used to calculate dividends: income and expenses associated with the revaluation of shares of subsidiaries traded on the securities market and the tax related to them at a profit; share of net profit allocated to provide financial support for development plans of subsidiaries related to ensuring their financial stability and development, approved by the board of directors of the public joint-stock company Russian Grids; actual investments made from the net profit received from regulated activities as part of the implementation of investment programs approved by the Ministry of Energy of Russia in the prescribed manner; the share of net profit received from activities for technological connection to electric networks (including interest income for the installment payment for technological connection in accordance with the Decree of the Government of the Russian Federation of November 30, 2016 N 1265 "On the procedure for establishing payment for technological connection of newly introduced operation of electric power generation facilities nuclear power plants and hydroelectric power plants (including pumped-storage power plants) to the facilities of the unified national (all-Russian) electric grid”), with the exception of actually received Money in the reporting period.
We all remember how, at the end of 2016, everyone was expecting divs of 0.025 rubles per share, but in the end they received much less, namely 0.0154. The management adjusted the PE for depreciation and profit from technical connection.
2-Deleverage.
The company has a net debt of 297,353 million rubles. In principle, this is not so much. If you look at the NetDebt/Ebitda ltm multiplier, it is 1.5. cash flow to reduce debt (the upside would be 150% of the current ones, with an MCap of 210,000 million rubles), but the company has large capex until 2020, so we will not play this option in the short term.
Everyone knows about the government decree on the sale of non-professional assets by state-owned companies. FGC, as everyone already knows, has a stake in IRAO equal to 66,692 million rubles today. Let's dream up if FGC sells this stake. What can this give us. Well, firstly, this is an increase in the state of emergency almost twice, respectively. And the growth of divas. FGC shares would immediately be revalued by 70-90% at least. Also, part of this money could be used to pay off the debt, which investors would also appreciate. But no news about these plans has been heard yet. Why? Perhaps for FGC this is not such a non-professional asset, all the same, one industry. Maybe the company's management is waiting for the IRAO quotes even higher, we don't know.
3-The company is undervalued by the market
Consider multipliers
NetDebt/Ebitda LTM=1.5
EV/Ebitda=2.5
P/B=0.3
P/Eltm=4
Does it remind me of anything?) It reminds me of Gazprom in some way. FSK also has large capex and FSK is very cheap.
Let's remember who the main shareholder of FGC-Cherez Rosseti is our beloved state. And it seems to me that here, as with Gazprom, you should not expect that the management will share all the profits with minors. They will most likely hide part of the profits in all sorts of different ways.
RESULTS
If you are a passive investor and you have long-term money, then you can afford to have part of your capital bring you 10% per annum for 2-3 years. Now, in principle, there is a unique opportunity to buy FGC shares cheaply. After all, this investment is essentially with a certain option for growth. If you calculate roughly, then taking into account dividends, this investment will bring you from 100-150% within 3 years, this is 30-50% per annum so-and-so.
P.S. I don’t have FSK in my portfolio, because I think that it will still be possible to jump on this train, even if not on the first carriage.
Next time I will analyze the IDGC of the CPU.
PJSC Federal Grid Company of the Unified Energy System (PJSC FGC UES) State monopoly responsible for managing one of the world's largest electricity transmission systems - the Unified National Electric Grid (UNEG). PJSC FGC UES (FGC) was established on June 25, 2002 in accordance with the power industry reform program as a monopoly operator for managing the Unified National (All-Russian) Electric Grid (UNEG) in order to maintain and develop it. The main consumers of services are distribution companies, sales companies and large industrial enterprises. PJSC FGC UES is included in the list of backbone organizations with strategic importance for the country. The main activities of the company: providing services to the subjects of the wholesale electricity market for the transmission of electricity and connection to the electricity network; management of the Unified National (All-Russian) Electric Grid; investment activities in the development of the Unified National (All-Russian) Electric Grid; maintenance of electrical networks in proper condition; technical supervision of the state of network facilities. Work at PJSC FGC UES is associated with solving large-scale tasks that require appropriate education, skills, and experience. The importance of PJSC FGC UES for Russia, the Company's development potential, the scale of changes, and innovations are what attracts highly qualified managers and specialists. To solve the tasks set before us, concerted efforts, independence and responsibility of each employee of the Company are required. You can join us if you are: result oriented; strive for professional growth; able to overcome difficulties on the way to achieving the goal; you can effectively build communications both with colleagues and with representatives of partner organizations. Power grid facilities of PJSC FGC UES are located in 79 regions of the Russian Federation with a total area of more than 15.1 million square meters. km. The company operates 145.9 km. power lines and 958 substations with a total transformer capacity of more than 351.9 thousand MVA with voltage up to 1150 kV. At present, PJSC FGC UES has 43 branches, including 8 branches of backbone electrical networks (MES), 34 enterprises of backbone electrical networks (PMES) and a specialized production base "Bely Rast". In addition, the company is a shareholder of more than 10 subsidiaries that ensure the functioning of the power grid. The company's staff at the beginning of 2019: about 22,000 people. The authorized capital of PJSC FGC UES is 637,332,661,531 rubles 50 kopecks and is divided into 1,274,665,323,063 ordinary shares with a par value of 50 kopecks each. Owned by PJSC Rosseti (87.90% state property) are 80.13% of the placed shares of PJSC FGC UES, minority shareholders own 19.28% of the shares of the Federal Grid Company, the Federal Property Management Agency - 0.59%. The shares of PJSC FGC UES are included in the quotation list of the First (highest) level of the Moscow Exchange (ticker: FEES) and are included in the calculation base for key domestic and a number of foreign indices (MICEXINDEXCF, MICEXBMI, MICEXPWR, RTX NRG). FGC's Global Depositary Receipts (GDRs) are traded on the Main Market of the London stock exchange(Ticker: FEES)
(Chairman of the Board)
"Federal Grid Company" (PJSC FGC UES) is a Russian energy company whose main activity is the transmission of electricity through the Unified national electrical grid (UNEG) Russia. In this type of activity, the company is the subject of a natural monopoly. The company's power grid facilities are located in 77 regions with a total area of 15.1 million square meters. km. Half of the total energy consumption of Russia is provided by electricity transmitted through the networks of PJSC FGC UES [ ] .
Full name - Public Joint Stock Company "Federal Grid Company of the Unified Energy System". It is a subsidiary dependent company of JSC Russian Grids. The headquarters is in Moscow.
Encyclopedic YouTube
1 / 5
✪ FGC UES - Film about the company (2017)
✪ I Conference "Digital Network"
✪ Smart networks Grid
✪ Operational switching and outfits. Errors, Report
✪ Film about the UES System Operator
Subtitles
The Federal Grid Company was established in 2002 to manage and develop the Unified National Electric Grid (UNEG). Today, it has 140,000 kilometers of main transmission lines and 939 substations in 77 regions of Russia. The company provides electricity exports to 11 states. FGC UES is the infrastructural basis of the country's economy Vladimir Putin: "The electric power industry has been and remains the most important component of the domestic economy Without the electric power industry, without the development of the network economy, the growth of industrial production is impossible." The company participates in the largest projects of national importance Medium: Unification of the systems of East and Siberia, Strengthening of energy links between the North-West and the Center Expansion of the Baikal-Amur and Trans-Siberian mains Creation of the ESPO and Power of Siberia pipelines Development of the Far East FGC UES consumers are mining enterprises, metallurgical plants, agricultural complexes, machine-building industries, airports, port terminals and shipyards All of them receive energy from dozens of power units of nuclear, thermal and hydroelectric power plants, the output of which is provided by FGC UES which guarantees our customers a high quality of services and, most importantly, develops in sync with them." The company's investments in the development of backbone networks until 2020 amount to more than 500 billion rubles. 11.5 thousand kilometers of power lines will be built and 45 thousand megavolt-amperes of transformer capacity will be commissioned The main requirement for the work of FGC UES is reliable and uninterrupted power supply to consumers The company has significantly reduced the accident rate, reaching indicators comparable to the best world analogues result - advanced solutions, modern technology and staff training Important conditions for stable operation and development are financial stability and economic efficiency Andrey Murov: "Improving the efficiency of operations, reducing costs is a natural task for the company's management, regardless of the external situation. Thanks to this work, our company has become more financially stable, funds have been freed up for the reconstruction and development of power grids, and for paying dividends to shareholders." FGC UES is one of the largest consumers of Russian power engineering products Today, 3/4 of the purchased main equipment is domestically produced By 2030, its share will reach 95% FGC UES traditionally pays attention to corporate social responsibility Implemented programs include the issue of impact on environment, industry education, support for veterans and, of course, creating favorable conditions for 22,000 company employees, because they are the main value of FGC UES Federal Grid Company 15 years together with the country
Story
In order to implement the government program for reforming the electric power industry in terms of the power grid complex related to the UNEG, in November the Board of Directors of JSC RAO UES of Russia determined the stages of the creation of the Federal Grid Company and the basic standards of FGC management.
Owners and management
As of 2017, 80.13% of the shares of PJSC FGC UES are owned by the parent company OJSC Russian Grids. Another 0.59% stake belongs to the Federal Property Management Agency. The remaining 19.28% of the shares are owned by minority shareholders.
As of March 2009, 77.66% of JSC FGC UES shares belonged to the Russian Federation represented by federal agency for the management of state property. 22.34% of the placed shares of JSC FGC UES is owned by minority shareholders.
Initially, 87.56% of the shares of JSC FGC UES belonged to JSC RAO UES of Russia (during the reform, these shares were proportionally divided among the shareholders of RAO UES of Russia), 12.44% - to the state represented by the Federal Property Management Agency. In the future, according to the current legislation, the share of the state in authorized capital the company should be increased to 75% plus one share.
Structure
The structure of the Federal Grid Company includes nine branches:
- MES East
- MES Ural
- MES North-West
- MES Volga
- MES South
- Technical Supervision Center
At the same time, each of the MES (Main Electricity of the net) includes from four to eight MES enterprises.
Activity
As of the end of 2014, the length of FGC UES power transmission lines, including overhead, cable and air-cable transmission lines, is 138.8 thousand km. The number of substations managed by FGC UES is 924. Transformer capacity is 332.1 GVA. The total number of employees of FGC UES is more than 24 thousand people.
The supply of electricity from the UNEG network to consumers of services (in balanced terms) in 2014 amounted to 518.093 billion kWh.
Long-term development program
In November 2014, the Board of Directors of FGC UES approved the development program for FGC UES for the period 2015-2019. with a forecast up to 2030. According to the document, the company plans to reduce specific operating expenses by 25% by 2017 and investment expenses by 30% compared to 2012.
According to Andrey Murov, following the results of 2014, FGC UES reduced specific investment costs by 17%, while operating costs decreased by 21.7% over the year.
In project long-term program development of FGC, the expected financial and economic performance of FGC in 2014 and the results for 2010-2013 are presented. In addition, the company presented an analysis of the prospects for economic development for 2015-2019. and until 2030
Investment program
The second main document of FGC UES is the Investment Program.
On December 29, 2015, it became known that the Ministry of Energy of the Russian Federation approved the investment program of FGC UES for 2016-2020. The total investment of the company will amount to 471.12 billion rubles. During this period, FGC UES plans to put into operation 44.3 thousand MVA of transformer capacity and 11.8 thousand km of power transmission lines. Sources of financing are own funds, taking into account the payment for technical connection.
Most major projects until 2020, the development of the power grid infrastructure in Eastern Siberia and the Far East, including external power supply to the Baikal-Amur Mainline and the Trans-Siberian Railway, the ESPO oil pipeline, the strengthening of electrical ties of the IPS Center – IPS North-West, technological connection of the largest consumers in the country, construction of power distribution facilities generation.
Both documents include current realities: the cost of attracting credit resources, the possibility of changing the timing of the commissioning of facilities, the dynamics of electricity consumption, the need to maintain financial stability and, of course, ensure a reliable energy supply to consumers.
Repair campaign
The renovation campaign is part of the investment program. In 2015, FGC UES allocated about 10 billion rubles for its implementation.
The implementation of the repair campaigns of previous years made it possible to show high reliability indicators in the transmission of electricity. At the end of 2014, the level of technological losses reached 4.13%, which is comparable with the indicators of developed countries. In general, over the past five years, the accident rate at FGC UES power facilities has been reduced by 40%.
In 2015, the accident rate at power facilities of the backbone grid complex decreased by 17.3% compared to the same period last year. On power lines, the number of technological violations decreased by more than 20%, in dispatch control systems by half.
BAM and Transsib
On April 23, 2015, at a briefing for representatives of the federal media on the results of the activities of FGC UES in 2014, Andrey Murov noted that FGC UES was waiting for a decision on the application for funds from the National Welfare Fund to finance the energy supply project for the BAM and Transsib railways. The amount of funds under the application is 50.5 billion rubles. If the money is not provided, the company will be able to perform only part of the work.
“We also understand that if funds are not allocated from the National Welfare Fund, then we will be able to manage only a part of it using our own funds from our investment program. So far, we have planned such works for 34 billion rubles in the horizon until 2019.”
Following the approval of the investment program until 2020, it became known that FGC UES, as additional sources funding in 2016-2020 planned borrowed funds NWF in the form of bonds for the BAM and Transsib electricity supply project - 36.6 billion rubles.
Power supply of Bystrinsky GOK
The power supply project for Bystrinsky GOK is a joint project of FGC UES and Norilsk Nickel. Under an agreement with FGC UES, the bulk of financing for the construction of energy infrastructure is provided by Norilsk Nickel under the SPV. In the future, the power facilities will be acquired by the Federal Grid Company from SPV on the terms of payment in installments.
In October 2015, it became known about the start of construction of power grids for the GOK, namely the construction of a 220 kV power transmission line Kharanorskaya GRES - Bugdainskaya - Bystrinskaya with a total length of 234 km.
As part of the project, it is also planned to build a 220 kV Bystrinskaya substation with a transformer capacity of 250 MVA.
Russian Geographical Society
At the end of October 2014, it became known that FGC UES would take part in supporting the Gogland Integrated Expedition project. Federal Grid Company is the official partner of the project.
As part of the expedition, an annual student camp will be set up on the island of the same name, where students will have summer practice in several academic disciplines. Also specialists in geography, geology, archeology, ornithology, biology and botany will be involved in this project, who will be engaged in a large-scale study and description of all fourteen islands of the bay.
According to the head of the company Andrey Murov, the unique military equipment, left over from the Great Patriotic War on an island in the Gulf of Finland, will be examined and fully registered by the expedition of the Russian Geographical Society. Part of it can be transported to Russian museums.
In addition, in 2015 FGC UES will become a partner of the Leningrad Regional Branch of the Russian Geographical Society and in creating an Internet portal under the working title " virtual trip on the Outer Islands of the Gulf of Finland”, which will be available for visiting next spring. In addition, the company will take part in the preparations for the celebrations of the 70th anniversary of the Great Victory, which will include meetings with veteran geographers, hydrographers and power engineers who made a huge contribution to the fight against the Nazis during the Blockade and on the way to Victory after its breakthrough.
Russian Chess Federation
On December 16, 2015, FGC UES became the general sponsor of the Russian national chess teams. The agreement between FGC UES and the Russian Chess Federation was signed by the heads of the organizations - Andrey Murov and Andrey Filatov.
With the support of FGC UES, official RCF events will be held - a series of Russian and international tournaments, including children's competitions.
Cooperation with educational institutions
As of 2015, FGC UES interacted with 105 higher and 24 specialized secondary educational institutions in all regions where the company operates. From 60 educational institutions signed cooperation agreements.
Every year, students have the opportunity to undergo industrial and undergraduate practice at the facilities of FGC UES. In 2015, 800 students used this opportunity.
One of the key partners of FGC UES is, with which the company has a multi-level agreement since 2010. The head of FGC UES is a member of the Board of Trustees of the university.
Violation of antitrust laws
For more than 10 years, FGC UES has had a paid confirmation procedure specifications supplied products for the needs of FGC UES, and mandatory requirement was included in construction contracts and procurement procedures [ ] .
