Control over our subsidiary and associated companies
While managing our subsidiary and associated companies, we strive to optimize our assets reducing stakes in non-core and inefficient businesses as well as businesses unable to be consolidated for further enterprise value growth. Thus, in 2010 we completed restructuring of Permenergotrans, OOO (in the form of its transformation into Uralenergotrans, OOO) and subsequent merger of Urals Transport Company, OOO, Chelyabinsk Autotransport Company, OOO and Perm Autotransport Company, OOO into it during the creation of the united autotransport company. Uralenergotrans, OOO in 2011 will develop according to the break-even plans of the merged company. In 2010 we also withdrew from Sverdlovenergozhylstroi, OAO due to its liquidation.
Our subsidiary and associated companies are as follows:
Name | Location | Main business lines | Share in the charter capital |
---|---|---|---|
Ekaterinburg Grid Company, ОАО (EESK, OAO) | 1 Ulitsa Borisa Eltsyna, Ekaterinburg | Energy transmission and distribution | 91.04% |
Ekaterinburgenergosbyt, ОАО | 48 Ulitsa Surikova, Ekaterinburg | Energy purchase of sales on wholesale and retail markets | 91.04% |
Uralenergotrans, ООО | 140 Ulitsa Mamina Sibiryaka, Ekaterinburg | Transportation services | 100% |
Security Service Permenergo, ООО | 3 Komsomolsky Prospect, Perm | Security services | 100% |
Permelektrosetremont, ОАО | 38 Ulitsa Geroev Hasana, Perm | Repair of electric equipment | 100% |
Insurance company Privat-Energostrakh, ZАО | 48 Komsomolsky Prospect, Perm | Insurance services | 99.87% |
Kurganenergo, ОАО | 40 Ulitsa Lenina, Kurgan | Energy transmission and distribution | 49% |
Managing Company Energofinance, ZAO | 2 Ulitsa Sibirskaya, Perm | Under removal from the United State Register of Legal Services | 45% |
Other financial investments are as follows:
Name | Location | Main business lines | Share in the charter capital |
---|---|---|---|
OGK-2, ОАО | Solnechnodolsk, the Stavropol region | Thermal power and energy production | 0.000567% |
TGK-9, ОАО | 48 Komsomolsky Prospect, Perm | Thermal power and energy production | 0.004150 |
Sverdlovenergosbyt, ОАО | 92 Ulitsa Kuznechnaya, Ekaterinburg | Energy purchase of sales on wholesale and retail markets | 0.01738 |
FSK UES, ОАО | 5a Ulitsa Akademika Chalomeya, Moscow | Energy transmission and distribution | 0.000054 |
Insurance company The Rings of the Urals, ООО | 3 Ulitsa Marshala Zhukova, Ekaterinburg | Inactive | 7.4037 |
Perm Airlines, ОАО | 47 Ulitsa Kuibysheva, Perm | Inactive | 10 |
Uralenergostroi, ОАО | 97a Prospect Lenina, Ekaterinburg | Inactive, under bankruptcy process | 5.73 |