25% of Shares of TNS energo Group have been placed in trust with EC Technopromexport LLC

The deal became possible as a result of discussions and the studies of projects and initiatives which are of interest to both parties. These include the establishment of cash settlement centres in the regions where TNS energo companies are the guaranteeing suppliers, as well as the monetisation of the customer database of the Group.

Dmitry Arzhanov, Director General of TNS energo said, “The TNS energo Group is switching from the traditional model of specialisation in electric-power marketing to providing fully-integrated customer services. Creating and developing information computing centres, the introduction of new services, arranging for remote metering of electric power, the introduction of energy-efficient equipment and implementing new servicing measures require that we apply the most advanced types of information technology. The signed agreement will achieve synergy through combining the competences and resources of the key players in this market, in what will, in its turn, improve the competitiveness of the companies themselves as well as the quality of life of the ordinary public.” 

Madina Suyunova, Director General of EC Technopromexport LLC, added, “This transaction will enable us to move to a new level of cooperation with TNS energo. It is the highest-ranking energy market operator and is represented in the11 regions of the Russian Federation that are key for Rostec. The main objective of such cooperation is to improve the reliability of electricity supplies to State Corporation enterprises. It is also important to note that the possibility for large-scale implementation and development of the up-to-date practices of Rostec under the aegis of TNS energo will enable us to break new ground in this industry. This transaction is an example of the type of private-public partnership in the field of energy supply and energy efficiency that is being successfully carried out by Rostec in several areas of its activity” 

For reference:

The PJSC TNS energo Group of Companies is a participant in the wholesale electricity market, managing 10 guaranteeing suppliers serving around 21 million consumers in 11 regions of the Russian Federation: PJSC TNS energo Voronezh (Voronezh region), JSC TNS energo Karelia (Republic of Karelia), OJSC Kubanenergosbyt (Krasnodar region and the Republic of Adygea), PJSC TNS energo Mari El (Mari El Republic), PJSC TNS energo NN (Nizhny Novgorod region), JSC TNS energo Tula (Tula region), PJSC TNS energo Rostov-on-Don (Rostov region), PJSC TNS energo Yaroslavl (Yaroslavl region), LLC TNS energo Veliky Novgorod (Novgorod region) and LLC TNS energo Penza (Penza region). According to its 2015 results, the Group of Companies supplied 63.2 billion kWh of electricity.

EC Technoproexport LLC was registered in 2015. The Company’s main activities include the production, transmission and distribution of electrical and heat energy; the operation of power-generation facilities; the construction and operation of heat & power plants, hydro-power plants and hydro-power installations, electricity networks and power substations, heat networks etc. both inside and outside the Russian Federation.

Rostec Corporation is a Russian corporation established in 2007 to assist in the development, production and export of high-tech industrial products for civil and military purposes. It includes more than 700 organizations, currently formed into 9 holding companies in the defense-industrial sector and 6 civilian holding companies as well as 32 direct management organizations. Rostec’s portfolio includes such well-known brands as AVTOVAZ, KAMAZ, JSC Concern Kalashnikov, JSC Russian Helicopters, the VSMPO-AVISMA Corporation, etc. Rostec members are located across 60 constituent entities of the Russian Federation and supply products to markets in more than 70 countries. In 2015, Rostec’s consolidated revenues reached RUB 1,140 billion. Planned investment for developments up to 2025 amounts to RUB 4.3 trillion.