KEGOC analysed the operating and financial activities of its branches

English

KEGOC held a meeting on operating and financial activities of its branches, and subsidiaries: Energoinform JSC and Settlement and Financial Centre for the Support of Renewable Energy Sources LLP.

Bakytzhan Kazhiyev, the CEO, in his opening remarks briefly informed the meeting about the operational and financial results of KEGOC for the 8 months of 2019.

The business transformation programme is well on track. The Company launched the Programme for Technological Development and Digitalization of KEGOC until 2028 as part of the further integrated approach to technological development of the Company.

The Company is currently successfully completing the 2019 repair campaign. It received certificates of readiness for its branches that would authorise them to work in the autumn-winter period 2019-2020. The general certificate of readiness of the Company will be issued by October 14, 2019.

Bakhytzhan Kazhiyev also urged the meeting to intensify the search of new consumers and to increase the amount of services for existing ones, to reduce inefficient costs and search for new growth projects.

During the meeting, the heads of branches and subsidiaries and affiliates presented their suggestions for improving work efficiency and discussed the new initiatives.