Rossetti Holding and its subsidiary FGC UES are terminating the circulation of their global depositary receipts on the London Stock Exchange. The companies sent the respective appeals to the LSE on May 5.

Rosseti's RAS loss for 2021 was ₽38.314 billion, compared to a profit of ₽29.546 billion in the previous year. Revenue rose 57.9% to ₽24.88 billion, compared to ₽15.753 billion a year earlier.

Rosseti Holding reduced by a factor of 1.5 to 3 the tariffs for access to transmission line poles to accommodate operators' communications networks in the Moscow Region. Now the cost of monthly use of 0.4 kV transmission lines will be ₽81 instead of ₽125, and for 6-20 kV - ₽103 instead of ₽246. The reason for the reduction was the collective appeals of telec...

Rosseti Holding received permission from the Russian Government to include 5% of estimated entrepreneurial profit in the electricity transmission service tariff. However, small grid organizations with a share of less than 10% in the region will not be able to take advantage of the new rule. Small grid companies intend to go to court, considering this approac...