Power Machines
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| "Power Machines" | |
|---|---|
| Type | Open Joiny-Stock Company |
| Genre | energy systems machine-building industry |
| Founded | 2000 |
| Headquarters | Moscow,  Russia |
| Key people | Igor Yurievich Kostin (General Director) |
| Revenue |  17,7bn rub (2007) |
| Net income | 3,11bn rub (2007) |
| Website | www.power-m.ru |
OJSC "Power Machines" (translit. Siloviye Mashiny abbreviated as Silmash, Russian: ОАО «Силовы́е маши́ны», RTS:SILM) is a Russian energy systems machine-building company founded in 2000. Headquartered in Moscow
The company united the following Soviet-born enterprizes:
- Leningradsky Metallichesky Zavod (1857 establishment),
- Electrosila (1898 establishment),
- Turbine Blades’ Plant (1964 establishment),
- Kaluga Turbine Works (1964 establishment),
- NPO CKTI named after I. I. Polzunov (1927 establishment),
- Energomachexport (1966 establishment)
- and Power Machines – Reostat Plant (1960 establishment).
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[edit] Shareholders
As of July 2007 30,4% shares were owned by Interros structures, 25% + 1 share to Siemens same as RAO UES, 19,5% to others. Interros shares were given to RAO UES in 2008. In 2007-2008 some changes in an ownership of the company are scheduled cause of RAO UES restructuring. In September 2007 Interros sold it's shares to Highstat Ltd., owned by Alexey Mordashov. On December 17, 2007 a emergent shareholders meeting took place, voted for a new Board of Directors and revisional commission of 7 members.
[edit] Ownership
- From Severstal-group - A. A. Mordashov, Alexey Egorov Dmitry Sanin
- From Power Machines - Igor Yurievich Kostin, Vadim Chechnyov
- From Atomenergomash - Kirill Komarov
- From Siemens - Michael Zuss, Hans-Jurgen Vio
[edit] Operations
- Mosenergo is a key customer to Silmash in total of more than 10 bn rub contracts.
[edit] External links
- (English) Official website of Power Machines
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