The Board of Directors of IDGC of the North-West (subsidiary company of Russian Grids, JSC) has considered issues dealing with arrangement of the annual General Meeting of Shareholders following 2013 outcome and given recommendations on the draft decisions being submitted for consideration.
Board of Directors of IDGC of the North-West having recommended the annual General Meeting of Shareholders to approve of a five-fold increase of dividend payable following 2013 outcome
On May 22, 2014, within the framework of the Saint Petersburg International Economic Forum 2014, subsidiary enterprises of Russian Grids, JSC – Lenenergo, JSC and IDGC of the North-West – signed the Plan for the Cooperation Agreement implementation. General Director of Lenenergo, JSC Andrey Sorochinsky and Acting General Director of IDGC of the North-West, JSC Andrey Letyagin affixed their signatures to the document.