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UES to Stay in State Hands

January 18, 2007 Moscow Times
Inter RAO UES, the export and import arm of electricity monopoly Unified Energy Systems, is likely to stay in state hands following sector reforms, Kommersant reported Wednesday.

Quoting sources close to UES, the paper said the monopoly planned to raise its share in Inter RAO to 85 percent from the current 65 percent and pay for it with shares in several power stations.
Company — RAO UESR
  • Full name
    Open Joint Stock Company RAO UES of Russia
  • Registration country
    Russia
  • Industry
    Power