Fire at Reftinskaya power station leads to lower share price of OGK-5
22 December 2007 (11:45)
Following the fire at Reftinskaya power station belonging to OGK-5, two power-generating units with the total capacity of 1,000 megawatt had to be shut down yesterday. As a result, the average capacity of the station went down by 27%. There weer no power cuts, though, as the other local power stations were able to make up for the loss.
In the meantime, the share market has already been affected by the accident, claim the experts from a number of investment companies. Reftinskaya power station provides over 40% of OGK-5 capacity, so this company now is the only insider among the other power companies on the market.
In the meantime, the share market has already been affected by the accident, claim the experts from a number of investment companies. Reftinskaya power station provides over 40% of OGK-5 capacity, so this company now is the only insider among the other power companies on the market.
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- Expenses caused by fire at Reftinskaya power station to decrease profitability of each share of OGK-5
- Market capitalization of OGK-5 goes down $112m
- Fire at Reftinskaya power station leads to lower share price of OGK-5
- Fire at Reftinskaya power station causes two power-generating units to shut down
- Fire at Reftinskaya power station caused by heat generator explosion, reports Department of Emergencies in Sverdlovsk Region