MRSK Center is among the leaders of Russia’s distribution grid sector. The core business is electricity distribution, technological connections of new consumers to the grid and energy services. The company controls 84% of the electricity transmission market in monetary terms and roughly 87% of the technological connections market in 11 regions of Russia’s Central Federal District (population over 13 mln people). Since February 1, 2013, MRSK Center is also a guaranteed supplier in Bryansk, Orel and Kursk regions.
MRSK Center is the second largest out of 11 interregional distribution grid companies in terms of market cap, revenues and net income.
In 2011, MRSK Center posted revenues of R69 bln, EBITDA of R14.8 bln and net income of R5.5 bln. Its EBITDA and net margins reached 21.4% and 8.0%, respectively, with ROE at 14.4% and the payout ratio at 8%. In October 2012, its shares were included in the MICEX A1 quotation list.