1.1 We are committed to safeguarding the privacy of our website visitors; this policy sets out how we will treat your personal information.
1.2 By using our website and agreeing to this policy, you consent to our use of cookies in accordance with the terms of this policy.
Collecting personal information
2.1 We may collect, store and use the following kinds of personal information:
(a) information about your computer and about your visits to and use of this website (including your IP address, geographical location, browser type and version, operating system, referral source, length of visit, page views and website navigation paths);
(b) information that you provide to us when registering with our website (including your email address)
(c) information that you provide when completing your profile on our website (including your name, user name, country/region, employment details, password);
(d) information that you provide to us for the purpose of subscribing to our email notifications and/or newsletters (including your name and email address);
(e) information that you provide to us when using the services on our website, or that is generated in the course of the use of those services (including the timing, frequency and pattern of service use;
(f) information relating to any purchases you make of our goods / services / goods and/or services or any other transactions that you enter into through our website (including your name, address, telephone number, email address and card details;
(g) information that you post to our website for publication on the internet (including your user name, your profile pictures and the content of your posts);
(h) information contained in or relating to any communications that you send to us or send through our website (including the communication content and meta data associated with the communication);
(i) any other personal information that you choose to send to us; and
2.2 Before you disclose to us the personal information of another person, you must obtain that person's consent to both the disclosure and the processing of that personal information in accordance with the terms of this policy.
Using your personal information
3.1 Personal information submitted to us through our website will be used for the purposes specified in this policy or on the relevant pages of the website.
3.2 We may use your personal information to:
(a) administer our website and business;
(b) personalise our website for you;
(c) enable your use of the services available on our website;
(d) send you goods purchased through our website;
(e) supply to you services purchased through our website;
(f) send statements, invoices and payment reminders to you, and collect payments from you;
(g) send you non-marketing commercial communications;
(h) send you email notifications that you have specifically requested;
(i) send you our email newsletter, if you have requested it (you can inform us at any time if you no longer require the newsletter);
(j) send you marketing communications relating to our business or the businesses of carefully-selected third parties which we think may be of interest to you, by post or, where you have specifically agreed to this, by email or similar technology (you can inform us at any time if you no longer require marketing communications);
(k) provide third parties with statistical information about our users (but those third parties will not be able to identify any individual user from that information);
(l) deal with enquiries and complaints made by or about you relating to our website;
(m) keep our website secure and prevent fraud;
(n) verify compliance with the terms and conditions governing the use of our website (including monitoring private messages sent through our website private messaging service);
3.3 If you submit personal information for publication on our website, we will publish and otherwise use that information in accordance with the licence you grant to us.
3.4 Your privacy settings can be used to limit the publication of your information on our website, and can be adjusted using privacy controls on the website.
3.5 We will not, without your express consent, supply your personal information to any third party for the purpose of their or any other third party's direct marketing.
3.6 All our website financial transactions are handled through our payment services provider, Paypal. You can review the provider's privacy policy at https://www.paypal.com/gr/webapps/mpp/ua/privacy-full. We will share information with our payment services provider only to the extent necessary for the purposes of processing payments you make via our website, refunding such payments and dealing with complaints and queries relating to such payments and refunds.
Disclosing personal information
4.1 We may disclose your personal information to any of our employees, officers, insurers, professional advisers, agents, suppliers or subcontractors insofar as reasonably necessary for the purposes set out in this policy.
4.2 We may disclose your personal information to any member of our group of companies (this means our subsidiaries, our ultimate holding company and all its subsidiaries) insofar as reasonably necessary for the purposes set out in this policy.
4.3 We may disclose your personal information:
(a) to the extent that we are required to do so by law;
(b) in connection with any ongoing or prospective legal proceedings;
(c) in order to establish, exercise or defend our legal rights (including providing information to others for the purposes of fraud prevention and reducing credit risk);
(d) to the purchaser (or prospective purchaser) of any business or asset that we are (or are contemplating) selling; and
(e) to any person who we reasonably believe may apply to a court or other competent authority for disclosure of that personal information where, in our reasonable opinion, such court or authority would be reasonably likely to order disclosure of that personal information.
4.4 Except as provided in this policy, we will not provide your personal information to third parties.
International data transfers
5.1 Information that we collect may be stored and processed in and transferred between any of the countries in which we operate in order to enable us to use the information in accordance with this policy.
5.2 Information that we collect may be transferred to the following countries which do not have data protection laws equivalent to those in force in the European Economic Area: the United States of America, Russia, Japan, China and India.
5.3 Personal information that you publish on our website or submit for publication on our website may be available, via the internet, around the world. We cannot prevent the use or misuse of such information by others.
5.4 You expressly agree to the transfers of personal information described in this Section 5.
Retaining personal information
6.1 This Section 6 sets out our data retention policies and procedure, which are designed to help ensure that we comply with our legal obligations in relation to the retention and deletion of personal information.
6.2 Personal information that we process for any purpose or purposes shall not be kept for longer than is necessary for that purpose or those purposes.
6.3 Notwithstanding the other provisions of this Section 6, we will retain documents (including electronic documents) containing personal data:
(a) to the extent that we are required to do so by law;
(b) if we believe that the documents may be relevant to any ongoing or prospective legal proceedings; and
(c) in order to establish, exercise or defend our legal rights (including providing information to others for the purposes of fraud prevention and reducing credit risk).
Security of your personal information
7.1 We will take reasonable technical and organisational precautions to prevent the loss, misuse or alteration of your personal information.
7.2 We will store all the personal information you provide on our secure (password- and firewall-protected) servers.
7.3 All electronic financial transactions entered into through our website will be protected by encryption technology.
7.4 You acknowledge that the transmission of information over the internet is inherently insecure, and we cannot guarantee the security of data sent over the internet.
7.5 You are responsible for keeping the password you use for accessing our website confidential; we will not ask you for your password (except when you log in to our website).
Amendments
8.1 We may update this policy from time to time by publishing a new version on our website.
8.2 You should check this page occasionally to ensure you are happy with any changes to this policy.
8.3 We may notify you of changes to this policy [by email or through the private messaging system on our website.
Your rights
9.1 You may instruct us to provide you with any personal information we hold about you; provision of such information will be subject to:
(a) the payment of a fee (currently fixed at GBP 10); and
(b) the supply of appropriate evidence of your identity (for this purpose, we will usually accept a photocopy of your passport certified by a solicitor or bank plus an original copy of a utility bill showing your current address).
9.2 We may withhold personal information that you request to the extent permitted by law.
9.3 You may instruct us at any time not to process your personal information for marketing purposes.
9.4 In practice, you will usually either expressly agree in advance to our use of your personal information for marketing purposes, or we will provide you with an opportunity to opt out of the use of your personal information for marketing purposes.
Third party websites
10.1 Our website includes hyperlinks to, and details of, third party websites.
10.2 We have no control over, and are not responsible for, the privacy policies and practices of third parties.
Updating information
11.1 Please let us know if the personal information that we hold about you needs to be corrected or updated.
Part 2: Cookies
About cookies
1.1 A cookie is a file containing an identifier (a string of letters and numbers) that is sent by a web server to a web browser and is stored by the browser. The identifier is then sent back to the server each time the browser requests a page from the server.
1.2 Cookies may be either "persistent" cookies or "session" cookies: a persistent cookie will be stored by a web browser and will remain valid until its set expiry date, unless deleted by the user before the expiry date; a session cookie, on the other hand, will expire at the end of the user session, when the web browser is closed.
1.3 Cookies do not typically contain any information that personally identifies a user, but personal information that we store about you may be linked to the information stored in and obtained from cookies.
1.4 Cookies can be used by web servers to identity and track users as they navigate different pages on a website and identify users returning to a website.
Our cookies
2.1 We use only both session and persistent cookies on our website.
2.2 The names of the cookies that we use on our website, and the purposes for which they are used, are set out below:
(a) we use session cookie on our website to recognise a computer when a user visits the website and track users as they navigate the website;
(b) we use secure cookie on our website to prevent fraud and improve the security of the website;
(c) Persistent cookies will be stored by a web browser and will remain valid until its set expiry date, unless deleted by the user before the expiry date;
Analytics cookies
3.1 We use Google Analytics to analyse the use of our website.
3.2 Our analytics service provider generates statistical and other information about website use by means of cookies.
3.3 The analytics cookies used by our website have the following names: _utma, _utmt, _utmb, _utmc, _utmv and _utmz
3.4 The information generated relating to our website is used to create reports about the use of our website.
3.5 Our analytics service provider's privacy policy is available at: http://www.google.com/policies/privacy/.
Third party cookies
4.1 Our website also uses third party cookies.
Blocking cookies
5.1 Most browsers allow you to refuse to accept cookies; for example:
(a) in Internet Explorer (version 10) you can block cookies using the cookie handling override settings available by clicking "Tools", "Internet Options", "Privacy" and then "Advanced";
(b) in Firefox (version 24) you can block all cookies by clicking "Tools", "Options", "Privacy", selecting "Use custom settings for history" from the drop-down menu, and unticking "Accept cookies from sites"; and
(c) in Chrome (version 29), you can block all cookies by accessing the "Customise and control" menu, and clicking "Settings", "Show advanced settings" and "Content settings", and then selecting "Block sites from setting any data" under the "Cookies" heading.
5.2 Blocking all cookies will have a negative impact upon the usability of many websites.
5.3 If you block cookies, you will not be able to use all the features on our website.
Deleting cookies
6.1 You can delete cookies already stored on your computer; for example:
(a) in Internet Explorer (version 10), you must manually delete cookie files (you can find instructions for doing so at http://support.microsoft.com/kb/278835);
(b) in Firefox (version 24), you can delete cookies by clicking "Tools", "Options" and "Privacy", then selecting "Use custom settings for history", clicking "Show Cookies", and then clicking "Remove All Cookies"; and
(c) in Chrome (version 29), you can delete all cookies by accessing the "Customise and control" menu, and clicking "Settings", "Show advanced settings" and "Clear browsing data", and then selecting "Delete cookies and other site and plug-in data" before clicking "Clear browsing data".
6.2 Deleting cookies will have a negative impact on the usability of many websites.
Cookie preferences
7.1 You can manage your preferences relating to the use of cookies on our website by visiting: controls below
Part 3: Our details
Data protection registration
1.1 We are registered as a data controller with the UK Information Commissioner's Office.
Our details
2.1 This website is owned and operated by Focus Reports Ltd.
2.2 We are registered in England and Wales under registration number 7676770, and our registered office is at Lynton House, 7-12 Tavistock Square, London WC1H 9LT, United Kingdom.
2.3 You can contact us by writing to the business address given above, by using our website contact form or by telephone on +441707828754.
with Sergey Pogosov, chief executive officer, Kaskad Holding
12.03.2013 / Energyboardroom
Kaskad Holding comprises nine different companies. Can you first of all introduce this structure and provide us with a brief background?
The idea behind the creation of this company went hand in hand with the restructuring program of former RAO UES of Russia. At that time, we studied the new federal laws very carefully and saw an opportunity to create a company. We started the holding with only three companies: a grid company, a generation company and an equipment company.
We first entered the market in 2005 and have been growing step by step since then. We have become increasingly competitive over the years and have gradually entered more specific areas, such as energy efficiency, energy saving and advanced technologies. When we first started, we could build on the existing assets and activa from the Tashir Group of Companies, our parent company.
During these first years, it was still very expensive for companies to connect to the grid. From a competitive point of view, we entered the market under different and more attractive conditions. From the start, we have been working with different expense structures than our competitors. Foreign investors interested in developing their businesses in Russia could turn to us for the same services at very different conditions.
You work with a module called ‘Energy Service Contracts.’ The first big contract for Kaskad was in the City of Engels, Russia. How do you define such contracts and how successful was the Engels job?
Engels is a Russian city of 240,000 inhabitants where the entire heat and water supply is done by the Engels Heat Company. When we signed the contract with them, the Engels Heat Company was facing high debt and depreciation levels of 70 percent; their boilers and facilities were old.
To better understand the company’s situation, we performed an audit and set up a program for energy efficiency and equipment modernization. We invested RUB 0.5 billion in the placing of new boilers and automated equipment and technologies, comparable to those deployed in Europe. Our return on investment will be between five and seven years.
What has been the response of the Engels Heat Company as well as the Engels municipal and regional authorities?
A project like ours is unique in Russia and the local authorities have been very satisfied with our work. During the winter preparatory meetings, Engels was highlighted as the only city that was really ready for winter while many other cities across Russia were facing more difficult situations.
With respect to energy-savings, the new boilers create savings of 52% in energy, 25% water and 17% in electricity. In terms of headcount, the company has been able to reduce its staff from 900 to 400 thanks to the use of new technologies. Once we are fully ready with the technological upgrades, only 202 people will be needed to run these facilities.
That’s good from a technological point of view, but doesn’t it create social tensions due to job losses in the local community?
Not exactly! These people have been moved to other areas, such as construction for example. We have redistributed the workforce and have in fact been able to keep 70 percent of these people employed.
You have previously addressed the press by saying that an energy-efficient city in Russia is not a utopia. Has there been a perception change in Russia towards energy efficiency, both at public as well as political level?
Perceptions are changing, but it is taking time. I believe that we need to show what can be done in one city, and then expand this concept across the country. For this reason, we are supporting pilot projects such as the one in Engels. We want to show the government what we can do.
The Sochi Winter Olympics are also approaching. Are you taking part in any projects there?
The Sochi project does not require private investors as the infrastructure is being financed by the government. However, we are present there to support the construction of a port through our parent company.
When Kaluga mayor Nikolay Polezhayev and the regional Governor Anatoly Artamonov visited your facilities, you spoke of intentions to expand your operations. Can you elaborate on these plans?
Our Corporation Tashir Group of Companies has three business lines: real estate, financial markets and the power industry. The management is currently particularly looking at the power industry as a major source of growth for the Group. We therefore want to take part in large new projects.
For example, we have rented out both our substations and cables in Moscow for ten years to Moscow City Transports. All of the Moscow trams are powered by our facilities. This is one example of how we are actively moving forward with our company.
In a next step, we plan to go deeper into the complete modernization of entire cities, both in the areas of power and heating. We also want to take part in tenders that will be organized by the cities and towns to attract investment in these areas. At present, we are looking at conducting such projects in parallel, in different cities of the Russian Federation.
Another contract we can highlight is that of the city lighting of Kaluga. This project has already been completed. In just six months, we have been able to change the power lines and very soon from now the city will start saving money through this investment. We can do the same in any other city. At present, the target is for every company to reduce their energy usage by three percent every year.
What do you see yourself achieving with the company over the next five years then?
I would like to see Kaskad Holding as one of the biggest energy companies in Russia that did not come forth out of the big monopolies or through the privatization of government assets. We have created the basis for doing so and now need the full support of the government to contribute as much as possible. This is not always easy in a sector that remains dominated by state monopolies, which often do not like to see private companies succeeding. We are sometimes seen as intruders in their territory.
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