RusHydro

Improved business management for RusHydro, the largest generating company in Russia

Main outlines of cooperation:

  • Development of business planning and financial reporting in compliance with IFRS. The system based on IBM Cognos provides tools for medium-term planning: from development, consolidation, coordination and approval of the budget in accordance with the strategic objectives and the current investment program of the generating company. The system is intended to control the implementation of the budget and make adjustments when needed 

While implementing the project for RusHydro, the company has joined the “RAO Energy Systems of the East” Group and incorporated into a single business planning model. 

The number of users exceeds 1,200 people. 

  • Cooperation continues within technical support and further development of business planning
  • Technical support and development of an asset management system based on IBM MAXIMO

Results:

  • Increased effectiveness of medium-term planning of  the company
  • Maintaining financial consolidation in IFRS due to the unique method of transforming a business plan
  • Advanced business intelligence and reporting

Clients

Mangazeya Group
Ikon Tyres
TMK
Strauss
Hoff
Lemana PRO (formerly Leroy Merlin)
UNIREST (formerly YUM! Brands)
RAO Energy System of the East
SOK Service Center RUS (S Group)
TVZS
Unipro (formerly E.ON Russia)
ECCO
EFKO
Chanel
Constantia St. Petersburg
United Breweries Holding
MATCH Hospitality
Knauf
X5 Group
SIBUR
Askona
Russian Grids
Lamoda
Klöckner Pentaplast Rus
EOS Russia (EOS Group)
FUN&SUN
Russian Football Union
SUEK
MMK
Russian Post
Electric Networks of Armenia
Rosinter
Accounts Chamber
DB Schenker
Rusnano
Abi
CTSP
Valio
Rostelecom
Otkritie Bank