Sunday, March 29, 2015

“Rostec” and “Rossetti” will create a joint venture – Interfax

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Moscow. On 30 March. INTERFAX.RU – JSC “Rossetti” and corporation “Rostec” plan to create a joint venture, which will be responsible for new construction within the investment networks, the press service of the holding power.

The company will be called “Technical Center customer “(TSTZ), his responsibilities extend to” all new construction and substantial part of the reconstruction, “said the press service.

Thus, for operational services IDGC will work on existing power plants, working under voltage and without turning off consumers. “A” turnkey “should engage a professional engineering company,” – said the “Rossetti”.

It is assumed that TSTZ will attract contractors through tenders for the design of network facilities, supply of materials, construction and installation work and so on.

As specified in the “Rosset” TSTZ will conclude with companies Rostec long-term contracts for the supply of certain types of equipment for several years ahead. “Then the company will be able to shape its production program for the long term, to conduct re” – explain in a network holding.

In the “Rosset” did not specify whether the company managed on a parity basis, or one of the companies gain control. The report notes that “Rossetti” and Rostec will deal with the formation, approval and adjustment of financing their investment subsidiaries and affiliates, as well as giving orders for the construction and acceptance of already constructed objects.

Creating a joint venture will enable customers to centralize functions within investment programs, implementation of a unified technical policy for all “daughter” and import substitution program in the grid complex, confirmed in a statement the company.

The Board of Directors of the holding power consider the establishment of a joint venture on Monday.

” Rossetti “- the largest Electric Grid Company of Russia, uniting in its structure, main power grid facilities, interregional and regional distribution grid companies. The controlling shareholder is the state, which owns shares in the amount of 85,3%.

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