The Russian Competition Authority fines several providers of last resort for cartel (Nurenergo)

Providers of last resort must transfer illegally obtained income - over 512 million RUB – to the budget* On 19th August 2014, the Federal Antimonopoly Service (FAS Russia) found that providers of last resort violated the antimonopoly law: “Dagestan Energy Supplier” OJSC, “Nurenergo” OJSC, “Kabbalkenergo” OJSC, “Karachaevo-Cherkesskenergo” OJSC, “Ingushenergo” OJSC and “Sevkavkazenergo” OJSC that are members of “Rosseti” OJSC. In January 2011 -

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Russian Competition Authority, The Russian Competition Authority fines several providers of last resort for cartel (Nurenergo), 19 August 2014, e-Competitions Bulletin August 2014, Art. N° 75631

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