Board of Directors of PJSC “Quadra - Power Generation” Extends Powers of Company’s Director General for Two Years
The powers of Yury Pimonov, Director General of PJSC “Quadra - Power Generation” have been extended till 6 February 2019. This resolution was taken by the company’s Board of Directors meeting held on 3 February 2017. The provisions of the employment agreement with Yury Pimonov, who headed “Quadra – Power Generation” in 2016, remained the same.
“Quadra - Power Generation” Has Increased Its Revenue 17% and Reduced Loss Almost Three-fold in 2016>>
PJSC “Quadra - Power Generation” has published its annual accounting (financial) statements (RAS, or Russian Accounting Standards) for 2016.
PJSC “Quadra - Power Generation” entered into a syndicated non-revolving facility agreement with Gazprombank (Bank GPB (JSC)) and Sberbank RF (PJSC “Savings Bank”), with the total drawdown limit of RUR 7.5 bn. The transaction was approved by the resolution of the annual general meeting of shareholders of PJSC “Quadra - Power Generation” in June 2016.
The company “Quadra - Power Generation” has become a participant in the federal event “Reliable Partner” aimed to strengthen the payment discipline and reduce receivables among consumers – legal entities.
The regular meeting of “Quadra Power Generation’s” Board of Directors has increased the number of members of the energy company’s management board from 7 to 9. It has included two new key employees