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Energokomplekt OOO, a subsidiary of RESBUD SE, completed the supply of materials for the overhead power transmission line "Minusinskaya opornaja – Kamala-1"

31.05.2021

Energokomplekt OOO, a subsidiary of RESBUD SE, completed the supply of materials for the overhead power transmission line "Minusinskaya opornaja – Kamala-1"

Energokomplekt OOO, a subsidiary of RESBUD SE (company listed on Warsaw Stock Exchange), has completed the supply of basic materials for the construction of the second 220 kV overhead power transmission line "Minusinskaya opornaja – Kamala-1", which is located in Krasnoyarsk Krai in Russia. In the project, the company is responsible for comprehensive supplies of equipment and providing the investment with spare materials for emergency maintenance works.

The construction of the overhead power transmission line will contribute to the development of the power grid infrastructure and ensure uninterrupted power supply to the region's inhabitants, while improving its power transmission quality and reliability. In addition, it will create conditions for the development of the Eastern Polygon of the Baikal-Amur Railway and the Trans-Siberian Railway and increase the capacity of railroad lines in the region.

The approximate length of the overhead power transmission line "Minusinskaya opornaya – Kamala-1" is 445 km. This project is part of the comprehensive plan for modernization and development of the main energy infrastructure in the perspective until 2024, approved by the decree of the Government of the Russian Federation.

– Energokomplekt OOO is a very important element of our group. The basis of its activities are contracts for comprehensive supplies of materials, chemicals and equipment for specific construction projects. The company is growing more and more dynamically on the construction market, becoming a key foundation of the holding. It plays an important role in the implementation of ambitious plans of RESBUD SE. In a long-term perspective, we want to expand our activity and be a strategic partner in the significant investments in Poland and Central-Eastern Europe – says Krzysztof Długosz, President of the Management Board at RESBUD SE.

Energokomplekt OOO is a contractor in energy and construction projects and a trading company based in Yekaterinburg, which is a comprehensive operator of supplies of equipment, materials, construction chemicals and specialized devices for large energy, hydraulic engineering and infrastructure investments. Its clients include the largest construction companies in Russia and several CIS countries. The company also operates in several foreign markets – from Poland and Estonia to the Far East.

Since 4 February this year, RESBUD SE holds 100% shares in Energokomplekt OOO (87.8% directly and 12.2% indirectly). Energokomplekt OOO revenue generated of over EUR 52.2 million in 2020, generating a profit of almost EUR 1.78 million.

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