Electropult Plant

OJSC Electropult Plant was part of ROSELECTROPROM Holding CJSC, which unites equipment production plants.  The Electropult plant was founded in 1935. The main activity of the enterprise is the production of equipment for the control of thermal, nuclear and hydroelectric power plants: high-voltage and low-voltage equipment, control and distribution boards for electricity. Currently, the company fulfills extensive orders for almost all power plants where new power units are being installed or old ones are being reconstructed in order to extend the life of, for example, the Kan Don hydroelectric power station (Vietnam), the Bureya and Vilyui hydroelectric power plants, the Kola and Kalinin nuclear power plants.

The plant also produces other products that are used in, metallurgy oilgas industry, construction pulp and paper production. The share of exports in the volume of products reaches 30%, equipment is exported to 60 countries of the world, in particular, to,,,,,,. Egypt The plant India China Iran Iraq is India Vietnam a partner of world manufacturers,,. Schnieder Electric ABB Siemens

The company employs about 800 specialists.

History

2024

KSK Group of Companies bought Electropult

In early August 2024, it became known that the Key Systems and Components group of companies (KSK Group of Companies) from Moscow entered into a deal to acquire the Electropult plant in St. Petersburg, including the Siemens Drive production workshop. The company's goal is to develop the production of electrical equipment and expand the production of products for railway rolling stock manufactured by Transmashholding.

According to "," the Kommersant transaction was completed in March 2024, after Federal Antimonopoly Service it approved the purchase of 73.9% of the shares of the enterprise LLC, Trax which is part of the KSK Group of Companies. As a result of this transaction, KSK Group of Companies became the owner of 98.5% of the shares of the Electropult plant.

source = Electropult Site

The general director of the plant, Sergei Rebotenko, said that the company began buying back shares in November 2023 by concluding an agreement with Transmashholding JSC. The value of the transaction is estimated at ₽2,5 billion. KSK Group plans to significantly increase the company's revenue - up to ₽10 billion per year.

The main customers of Electropult products are Rosatom and Gazprom structures, as well as Gazprom Neft. It is expected that a significant part of the new orders will come from Transmashholding. In 2024, the share of this customer in the plant's revenue structure can be up to 10%.

Sergei Rebotenko also noted that Elektropult has already begun to produce drives for metro trains. In the future, the plant plans to launch the production of converter equipment, generators and engines for railway rolling stock.

Together with the Electropult plant, KSK Group acquired the Siemens Drive production workshop, which is located on the territory of the plant and was previously suspended due to sanctions restrictions. KSK Group plans to restore the operability of the site, resolve issues with mechanical processing and begin the production of under-car generators and drives for rolling stock.^[1]

Message about the sale of Electropult to Trucks

In mid-April 2024, it became known that the Federal Antimonopoly Service of Russia (FAS) approved the sale of the St. Petersburg manufacturer of electrical equipment "Electropult." The buyer was the Moscow Region company "Trucks."

JSC "Plant Electropult" is engaged in the development and production of control systems, distribution and regulation of electricity, etc. The company's products are used in energy, gas, chemical, oil, metallurgical and other industries. In turn, the company "Trucks," operating in Mytishchi, develops and produces climatic and refrigeration equipment for special-purpose equipment, railway, rail and vehicles, ships and ships, tent structures. The company is part of the Key Systems and Components group of companies.

source = Electrical switch

According to the Kommersant newspaper, within the framework of the agreement, Trucks acquires 73.9% of the voting shares of the Electropult enterprise. There is no information on the estimated amount of the transaction as of April 16, 2024. After the transaction, Trucks will become the owner of 98.5% of the voting shares of St. Petersburg production.

The head of the analytical department of AMarkets Artem Deyev believes that Trucks acquired the Electropult plant for the sake of additional capacity - in order to scale its own production. In addition, Trucks can expand into the market of electrical equipment and control systems. For Elektropult, the deal, according to Mikhail Burmistrov, general director of the Infoline-Analytics agency, may be a necessary measure associated with a high debt burden and the need to improve performance. At the end of 2023, Electropult suffered net losses in the amount of 368.2 million rubles.^[2]

Notes