Amundi MSCI World Financials UCITS ETF EUR Acc (FINSW)

Overview

Rosseti Kuban PJSC stands as a prominent grid company within Russia, focused on the transmission and distribution of electricity. The company traces its origins back to 1993, initially known as Kuban power and electrification public joint stock company before rebranding to its current name in October 2020. With its headquarters located in Krasnodar, Russia, Rosseti Kuban PJSC operates as a subsidiary of Rosseti, Public Joint Stock Company. Alongside its core operations in the electricity sector, the company diversifies its activities to include a range of services from recreational and health enhancement facilities to the development of energy saving technologies and the provision of utilities such as water.

Products and Services

• Electricity Transmission and Distribution: The foundational service of Rosseti Kuban PJSC involves the efficient transmission and distribution of electricity across Russian territories, ensuring reliable power supply to a wide customer base.
• Recreation and Health Improvement Facilities: The company invests in the well-being of both children and adults by organizing and managing facilities aimed at recreation and health improvement, highlighting its commitment to community welfare.
• Design, Installation, and Commissioning of Metering Units: Rosseti Kuban PJSC facilitates the design, installation, and commissioning of metering units for electricity, gas, and process equipment, catering to the needs for precise monitoring and management of utility consumption.
• Supply of Hot and Cold Water: The provision of essential utilities, including both hot and cold water supply, forms part of the company’s diverse service offerings, ensuring basic life necessities are met.
• Seminars and Conferences: Engaging in the organization and holding of seminars and conferences, the company fosters learning and development opportunities, encouraging the exchange of knowledge and expertise within the energy sector.
• Energy Saving Technologies: Rosseti Kuban PJSC plays a pivotal role in the development of energy saving technologies, underscoring its commitment to sustainability and efficiency in energy use.
• Manufacturing, Operation, Maintenance, and Repair of Power Plants: From manufacturing to maintenance, the company encompasses a broad spectrum of services related to power plants, ensuring the seamless operation and longevity of these critical facilities.
• Production and Sale of Electricity: Beyond transmission and distribution, Rosseti Kuban PJSC engages in the production and sale of electricity, contributing to the fulfillment of energy demands across various sectors.