E.ON Russia

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E.ON Russia
Type Public company
Traded as RTS:OGKD
MICEX:OGK4
Industry Power generation
Predecessor(s) RAO UES
Founded 2006
Headquarters Surgut, Russia
Key people Sergey Afanasievich Tazin (CEO)
Yuri Sablukov [Chairman)
Products power and heat
Revenue increase US$1.5 billion (2010)
Net income increase US$197.0  million (2010)
Employees 5.300
Parent E.ON
Website ogk-4.ru

E.ON Russia (former name: The Fourth Generation Company of the Wholesale Electricity Market, OGK-4) (RTS:OGKD, MICEX:OGK4) is a Russian power generation company formed by merger of five generation companies. 78.3% of the company is owned by the German energy company E.ON, the rest of the shares are owned by minority shareholders.[1]

[edit] History and operations

In 2006, the following 5 power plants were merged into one company:

The installed capacity of all five thermal power plants is about 10,296 MW. This comprises about 5% of the generating capacity of RAO UES.

The power output of the OGK-4 power plants in 2007 was around 54.5 TWh. According current innvestment program there is plans to increase original capacity of power plants equal 9,03 GW to more than 11 GW in 2011 with spending for these purposes US$2.89 billion.[2]

[edit] References

  1. ^ OGK-4 SHAREHOLDERS’ EQUITY
  2. ^ Shuster, Simon (2008-07-17). "E.ON building world's biggest power plant in Russia". Reuters. http://uk.reuters.com/article/idUKL1780642420080717?sp=true. Retrieved 2010-04-02. 

[edit] External links

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