RusHydro and TYAZHMASH signed a cooperation agreement
PJSC RusHydro (ticker symbol: MOEX, LSE: HYDR; OTCQX: RSHYY) and JSC TYAZHMASH signed a cooperation agreement on the platform of St. Petersburg International Economic Forum (SPIEF). The document was signed by Nikolay Shulginov, Chairman of the Management Board – General Director of RusHydro and Andrey Trifonov, General Director of JSC “TYAZHMASH”.
RusHydro plans to involve Tyazhmash to delivery of goods, execution of works, providing services for implementation of the Company’s investment projects. Tyazhmash will assist RusHydro and its subsidiaries in preparation of technical and commercial proposals for planning costs of implementation of small hydropower investment projects.
The information in this press release may contain projections or other forward-looking statements regarding future events or the future financial performance of RusHydro. You can identify forward looking statements by terms such as "expect," "believe," "anticipate," "estimate," "intend," "will," "could," "may" or "might," the negative of such terms or other similar expressions. We wish to caution you that these statements are only predictions and that actual events or results may differ materially from these statements. We do not intend to update these statements to reflect events and circumstances occurring after the date hereof or to reflect the occurrence of unanticipated events. Many factors could cause the actual results to differ materially from those contained in our projections or forward-looking statements, including, among others, general economic conditions, our competitive environment, risks associated with operating in Russia, rapid technological and market change in our industries, as well as many other risks specifically related to RusHydro and its operations.
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