| 2.5.5. The risks connected with the issuer’s activity
Below are the risks peculiar exclusively for the issuer.
The risks connected with the current litigations in which the issuer participates.
At the moment, there are no large proceedings initiated by the issuer and/or against the issuer. In this connection, the issuer does not run the risk concerning participation in the current litigations.
The risks connected with absence of an opportunity to prolong terms of the license of the issuer on conducting a certain kind of activity or on use of objects, the availability of which in its turn is limited (including natural resources).
After completion of reorganization of the issuer in the form of its DGC consolidation with the issuer, included in the issuer’s configuration, and obtaining of the status of the operational company the issuer performed procedures on acquisition of a series of licenses, which belonged to RGC previously. The risks connected with non-receipt of the licenses necessary for operational activity of the issuer are estimated as insignificant by the issuer.
The risk connected with the possible responsibility of the issuer under debts of the third parties, including subsidiaries of the issuer is estimated as insignificant by the issuer in connection of absence of the issuer’s corresponding obligations before the third persons.
The risk connected with an opportunity of loss of consumers, the turnover with which is at least 10 percent of the total receipt of products (works, services) the issuer is estimated as insignificant by the issuer in connection of absence of such consumers.
The risks connected with the possible juridical procedures as a result of non-fulfillment of obligations by the third persons before the issuer on the primary type of activity (technological connection and electric power transmission).
The risks connected with the possible juridical procedures as a result of non-fulfillment of obligations by the third persons before the issuer on the primary type of activity (technological connection and electric power transmission) are possible in connection with the economic situation existing at present. In this case the issuer makes necessary efforts (performs pre-trial settlement of disputes, conducts necessary negotiations) on minimization of these risks and dominating damage for the Company. In the issuer’s opinion these risks are insignificant at present.
There are no other risks connected with activity of the issuer peculiar exclusively for the issuer and which the issuer considers necessary to be reflected in this report.
III. Detailed information on the issuer
3.1. Creation and development history of the issuer
3.1.1. Data on company name of the issuer
Full company name of the issuer: Joint-Stock Company "Interregional Distribution Grid Company of Centre"
Abbreviated company name of the issuer: IDGC of Centre, JSC
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