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FEES on Moscow Exchange

FGC UES

Russian electricity grid operator

SOE FGC UES (Russian: Федеральная сетевая компания Единой энергетической системы, romanized: Federalinaya Setevaya Companiya Edinoy Energeticheskoy Sistemy, lit. 'Federal Grid Company of Unified Energy System') is a state-owned energy company based in Moscow, Russia. It is Russia's largest supplier of electrical power. The company is listed on the Moscow and London stock exchanges with 80.13% of shares owned by Rosseti.2 It employed about 230,000 people in 2023.1 Its revenue was ₽250 billion in 2019.1 Its shares trade on Moscow Exchange under the symbol FEES.1 Wikipedia text CC BY-SA 4.0

Last updated Oct 21, 2026.

Overview

2002Founded1
  • TickerFEES on Moscow Exchange1
  • Industryelectric power industry1
  • HeadquartersMoscow1
  • Websitewww.fsk-ees.ru/eng
  • Legal formpublic company, public joint-stock company1
  • Listed onLondon Stock Exchange, Moscow Exchange (FEES)1

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SOE FGC UES (Russian: Федеральная сетевая компания Единой энергетической системы, romanized: Federalinaya Setevaya Companiya Edinoy Energeticheskoy Sistemy, lit. 'Federal Grid Company of Unified Energy System') is a state-owned energy company based in Moscow, Russia. It is Russia's largest supplier of electrical power.2

Corporate structure

FGC UES sits at the top of its group. 2 entities, 1 country on record. Switch between the flow chart and the network, and select any entity to see its details.

Built from subsidiaries, stakes and holdings from Wikidata (CC0); major holders from Schedules 13D and 13G. Each entity in the chart links to its source.

The story

In 2001, the Government of Russia reformed the Unified Energy System of Russia to create a unified national energy network, which includes a system of trunk lines, uniting most regions. For its operation, the Federal Grid Company (FGC UES) was created.

In November 2001, the Board of Directors of RAO UES defined the stages of creation of FGC UES. The company was established on 25 January 2002 as a subsidiary of RAO UES. The charter capital of UES FGC was 127 billion roubles. It was paid in cash and by transmission grids owned by RAO UES. UES FGC was registered on 25 June 2002.

On 1 July 2008, FGC UES was split off from RAO UES. At the same time, a single operating company was formed by merging with 54 companies that operated transmission systems of former regional power utilities. In November 2012, the majority of the company (79.55%) was transferred to the state-controlled holding company Rosseti.

From Wikipedia’s article on FGC UES, shared under CC BY-SA 4.0.3

Products and brands

  • electrical energy

Listed on Wikidata.1

FGC UES owns, operates, and supervises 142,000 kilometres (88,000 mi) of the transmission grids in Russia. It also provides services to the wholesale electricity market in Russia. It owns an 8.57% stake in the energy company Inter RAO.

From Wikipedia’s article on FGC UES, shared under CC BY-SA 4.0.3

Subsidiaries and ownership

Owners

From Wikidata.1

Employees over time

  • 2023230,0001

Revenue over time

As stated on Wikidata, in the currency reported.

Revenue

FGC UES revenue by year1249.6B RUB in 2019−2% since 2016
0100.0B RUB200.0B RUB300.0B RUB2016: 255.6B RUB255.6B RUB20162018: 254.0B RUB254.0B RUB2018−1%2019: 249.6B RUB249.6B RUB2019−2%
  • 2019249.6B RUB1
  • 2018254.0B RUB1
  • 2016255.6B RUB1

Net income

FGC UES net income by year186.6B RUB in 2019+27% since 2016
025.0B RUB50.0B RUB75.0B RUB100.0B RUB2016: 68.4B RUB68.4B RUB20162018: 92.8B RUB92.8B RUB2018+36%2019: 86.6B RUB86.6B RUB2019−7%
  • 201986.6B RUB1
  • 201892.8B RUB1
  • 201668.4B RUB1

Timeline

  1. 2002Founded Founded1

Sources

The numbers on this page point here. Each one links to the record it came from.

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