Russia’s Deputy Minister of Energy Yuri Manevich has recently held a meeting with members of the Association of Institutional Investors and representatives of PJSC ROSSETI addressing the need to develop and implement an effective holding development strategy.
According to the press service of Russia’s Ministry of Energy, the cornerstones of the strategy should include a focus on digitalization, implementation of smart management systems, higher reporting transparency, reduction of accounts receivable, and personnel policy improvements.
Yuri Manevich noted that Russia’s Ministry of Energy shared private investors’ commitment to increasing the investment attractiveness of Russian fuel and energy companies.
PJSC ROSSETI should also enhance corporate procedures aimed at ensuring reliable operation of the power grid, he added
“Further consolidation of grid companies is necessary," Yuri Manevich said in conclusion.