RUSSIA: RUSSIAN ENERGY MONOPOLY CANNOT BE DIVIDED UNTIL 2004.(Russian Joint Stock Company, Unified Energy System of Russia)(Brief Article)
From: IPR Strategic Business Information Database
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Date: 6/28/2001
German Gref, the Russian Economic Development and Trade Minister on Saturday stated that the liberalization of the Russian energy market cannot begin until 2004 when the energy monopoly RAO UES (The Russian Joint Stock Company, Unified Energy System of Russia) can be divided into two companies. He added that RAO UES could be divided into a holding in charge of generation, a power network holding, and the central control post. German Gref noted that before the liberalization of the ...
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