MOSCOW, Feb 16 (PRIME) -- Russian hydropower producer RusHydro plans to move the headquarters to Krasnoyarsk, where the company has been registered since establishment, from Moscow, business daily Kommersant reported on Tuesday, citing sources.
"RusHydro can move the headquarters from Moscow to Krasnoyarsk in the next few years. The company explains this with closeness to its assets and cost cuts," the newspaper reported.
A RusHydro official confirmed saying that a principal decision had been made.
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