2 Jul '08 | South West | Energy, utilitiesE-mail this story

NESK votes for development over dividends


NESK votes for development over dividends
Krasnodar-based power supply company NESK has opted to reinvest over 90 percent of 2007 profits into development, news agency Interfax has reported.

The firm made $2.4m for the year, 80 percent up on 2006.

Shareholders voted for the move at the firm's annual general meeting.



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