OREANDA-NEWS On 08 October was announced, that the holders of Nizhegorodskaya Sale Company will have a special meeting Dec. 17 to consider the dividends payment.

Besides, new BOD will be elected along with the auditing commission. The holders should approve as well the loan contract with Garant Energo.

The Company was founded in 2005 within the Nizhnovenergo restructuring. It is an asignee of the latter as of the energy supply to the regional consumers.

The Company is a guaranteed supplier in the region.

The share capital is worth 59.2mln rub. split in 3919400 common and 1063512 A-preferred stocks of 11.88 rub. par each. Transneftservice C has 49% in the share capital.

The IH-net profit reached (RAS) 1.078bn rub.