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Home > Company Index > Utilities > Electric Utilities > RAO Unified Energy Systems

RAO Unified Energy Systems
OTC: USERY
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 PROFILE
RAO Unified Energy Systems (UES) keeps Russians plugged in with more than 1.5 million miles of power transmission lines, 30 power plants, and majority stakes in 75 regional power companies. The utility, one of Russia's largest companies, has 155,100 MW of primarily fossil-fueled generating capacity. It provides 71% of the country's electricity and exports power to neighboring nations. Competition will be introduced in 2004 with the breakup of UES' operations: Generation assets will be split into separate companies and UES will become the nation's transmission grid operator. The Russian government owns 52% of UES; foreign investors own about 30%.

 COMPETITION
E.ON AG (EON)
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TXU Corp. (TXU)

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 FINANCIAL OVERVIEW
Fiscal Year-End: December
2000 Sales (mil.): 766.40
1-Yr. Sales Growth: 58.4%
Employees: 668,205
Revenue per employee: $1,146.95

 KEY PEOPLE
• Anatoly B. Chubais
    CEO
• Leonid B. Melamed
    CFO

 CONTACT INFO
7 Kitaigorodsky Proyezd
Moscow 103074, Russia
Phone: 7-095-220-4001
Fax: 7-095-927-3007
Online: Web Site

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