Electrodecisions

Main article: EKF.

Since 2018, Elektroresheniya LLC has been using the EKF brand of electrical engineering, introduced on the market since 2001, and is the main legal entity representing this brand in Russia.

Performance indicators

2022: Revenue growth by 52.5% to RUB 15.1 billion

EKF's revenue, which specializes in the development, production and sale of electrical equipment, in 2022 amounted to 15.1 billion rubles, an increase of 52.5%. This was announced at the end of April 2023 by representatives of EKF. The given indicator includes export revenue, TAdviser was specified in EKF. The revenue of the main legal entity EKF, LLC Electroresheniya, while growing by 57%, to 12.1 billion rubles, and net profit amounted to about 938 million rubles. Read more here.

History

2024: Transformation into JSC

On August 21, 2024, Elektroresheniya, a company known on the Russian market under the EKF brand (products are used, among other things, in data centers), announced plans to transform from an LLC to a joint-stock company (JSC) with further going public from 2025 to 2027.

According to TASS, this stage is a natural direction of development, which will allow the company to attract additional funds to implement large-scale growth plans, including IT projects.

source = Electrical solutions

According to company representatives, Elektroresheniya LLC has a successful experience of presence on the Russian market: in 2023 it came out with a debut bond issue of ₽1 billion. In 2024, the rating agency ACRA confirmed the company's credit rating at BBB (RU) with a "stable" forecast, which is due to high profitability, business profile, corporate management and geographical diversification.

The intention to attract additional investors provides for the further implementation of the investment strategy of Elektroresheniya LLC to increase the localization of production in Russia as part of import substitution. In particular, in the next few years, the company's production site in the city of Aleksandrov, Vladimir Region, will increase by more than 16 thousand square meters. m, the company reported on August 21, 2024. The design capacity of expanded production will be more than 1.5 million pieces of electrical panels per year. Also, it is planned to launch a new direction for the production of telecommunication cabinets for data centers.

In addition, the company intends to significantly increase market share in the segments of sockets and switches, cable glands, distribution boards, rubber and power connectors. After the completion of the modernization of the production site in the village of Stavrovo, Vladimir Region, the share of localized products of Electroresheniya LLC will be more than half.^[1]

2023: Change of founder

According to the Unified State Register of Legal Entities, from July 20, 2023, the Closed Joint Stock Company Rekamos Limited from Hong Kong became the founder of Elektroresheniya LLC with a 100% stake in the authorized capital of the company, replacing the Cypriot company Revana Alliance LTD.

2019: Founder - Cyprus "Revana Alliance LTD"

Since 2019, according to the Unified State Register of Legal Entities, Revana Alliance LTD, registered in Cyprus, has been the sole founder of Electroresheniya LLC. She is the copyright holder of a number of EKF trademarks, according to Rospatent.

2018: Start using the EKF brand

Since 2018, Electric Solutions LLC has become the EKF brand in the production of electrical and related products. Shortly after obtaining the right to use trademarks, Elektroresheniya LLC came to the fore as a legal entity operating under the EKF brand. It is the largest in terms of revenue among all Russian legal entities, one way or another related to this brand.

According to the Federal Intellectual Property Service (Rospatent), various legal entities as copyright holders and licensees were associated with EKF trademarks at different times in the history of EKF. Some of them subsequently ceased their activities for one reason or another. Among these are Flavir Electrotechnical Company LLC/EKF LLC and Ekf Electrical Engineering LLC. Read more here.

2015: Legal Entity Education

According to the Unified State Register of Legal Entities, Electroresheniya LLC was established in 2015.

Established legal entities

As of 2022, according to the Unified State Register of Legal Entities, Electroresheniya LLC is a co-founder of three legal entities:

• "Electrical solutions-P" (Vladimir region, p. Stavrovo);
• Digital Electrical Solutions LLC (Moscow);
• LLC "Els" (Vladimir region, p. Stavrovo).

Read more about their activities and co-founders here.

Notes