AOMOY - Mosenergo: Minority Shareholders Are Being Hit With Unexpected Moves
In the past few months, many investors of Gazprom (OGZPY) started to expect that amid ongoing changes within the company, it will seek for maximizing efficiency and value from its assets, including subsidiaries. In a sense, this is exactly what is happening now, but in an unexpected way for some investors, Gazprom Energoholding has deprived Mosenergo (AOMOY) and OGK-2 of a significant part of their profits to develop its own energy equipment production. It seems that instead of consistently improving the attractiveness of its subsidiaries, Gazprom decided to take the simplest way - to pump