Rosseti

PAO Rosseti
Native name
ПAO Россети
Company typePublic (PAO)
MCX: RSTI
IndustryElectricity
Founded2008 (2008)
Headquarters
Moscow
,
Russia
Key people
Nikolay Nikoalevich Shvets (CEO)
ProductsElectric power
ServicesElectric power distribution
Revenue$15.9 billion (2019)
$2.34 billion (2019)
$1.63 billion (2019)
Total assets$103 billion (2019)
Total equity$24.5 billion (2019)
OwnerFederal Agency for State Property Management (88%)
Websitewww.rosseti.ru/eng

PAO Rosseti (ПAO Россети) is a Russian power company, and comprises interregional and regional distribution grid companies (IDGCs/RDGCs), research and development institutes, design and construction institutes, and construction and sales entities. Ninety-seven subsidiaries of IDGCs/RDGCs are based in 69 constituent entities of the Russian Federation. The company was created as a result of the reorganization of RAO UES.