Mosenergo

[Copperfield]

Mosenergo still holds a majority stake in Moscow MTR-Svyaz alternative operator.
Mosenergo has failed to dispose of 51% stake in Moscow MTR-Svyaz alternative operator, according to the list of Mosenergo-affiliated companies made out as of July 1, 2004.

The decision to sell such stake was taken by the Board of Directors around a year ago.

The stake is to be sold at price which will at least equal the market price, i.e. 10.455 ths rbl. Another holder Tekhnokom (41%) has the right of first refusal.