April 4, 2000 by the Board of Directors, CEO Anatoly Chubais, the legendary reformer of Russia, announced his plan to break up the Russian Joint Stock Company Unified Energy System (UES). The plan called for the destruction of the giant energy monopolies in two business areas: power and generation and distribution. His proposal met with fierce opposition from the storm of foreign minority shareholders of RAO UES of Russia, as well as Boris Fyodorov, fellow reformer in the early to mid-1990s. This case is the dynamics of the implementation of structural reforms in the highly uncertain environment. "Hide
by Yasheng Huang, J. Kirsten O'Neil-Massaro, Anatoly Milyukov Source: Harvard Business School 25 pages. Publication Date: March 13, 2002. Prod. #: 702068-PDF-ENG
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