Moscow, Russia - November 18, 2013, Moscow, Russia - Federal Grid Company of Unified Energy System, part of the Russian Grids Group, announced that it has elected Oleg Budargin as its chairman.
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Since June 2013 Mr. Budargin has been the CEO of Russian Grids Group. Prior to this, he was the Chairman of the Management Board of Federal Grid Company. Before joining Federal Grid Company he was the Assistant to the Plenipotentiary Representative of the President of the Russian Federation in the Siberian Federal Region.
Mr. Budargin served as the Governer of the Taimur (Dolgano-Nenets) Autonomous Region and was the head of the city of Norilsk. He serve in 1984 with the Norilskstroy Production Construction and Assembly Association, the Promstroy Trust of the Norilsk Mining and Metallurgical Works, and then in 1995 he was appointed as the Deputy Director General of JSC Norilsk Mining and Metallurgical Works.
Mr. Budargin is a member of the Russian Presidential Commission for Strategic Development of the Fuel and Energy Sector and Environmental Security. He graduated cum laude from the Norilsk Industrial Institute with a degree in Industrial and Civil Engineering.
The company also announced that Vyacheslav Kravchenko was elected Deputy Chairman of the Board of Directors of Federal Grid Company.
Mr. Kravchenko served in naval units of the Border Troops, worked for Energy Russian Company and headed the Controlling and Legal Divisions of the Federal Energy Commission of the Russian Federation.
He was also the Head of the Department for the Restructuring of Natural Monopolies of the Ministry of Economic Development of the Russian Federation, and the Deputy Director of the Department for Structural and Investment Policy in Industry and Energy of the Ministry of Industry and Energy of the Russian Federation.
Mr. Kravchenkowas the Director of the Department for Structural and Investment Policy in Industry and Energy of the Ministry of Industry and Energy of the Russian Federation, the Chief Executive Officer of RN-Energo, and the Director General of United Energy Sales Company. ■