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Moselectroschit

Company

The Moscow Electroshchit plant is a high-tech enterprise engaged in the development, manufacture and supply of products for industry, thermal, nuclear and hydroelectric power plants, electrification of agriculture and transport.

2023: Moselectroschit bought the Ural Turbine Plant from Renova

Moselectroschit"" acquired from Renova the Ural Turbine Plant (UTZ) in, Yekaterinburg which became known in mid-April 2023. Financial the terms of the agreement are not disclosed. According to sources "," Businessman the value of the transaction amounted to about 10 billion. rubles One of the newspaper's interlocutors familiar with the terms of the deal claims that Moselectroschit acquired up to 90% of the company's shares, and 10% remained with the head of the board of directors of UTZ Mikhail Lifshits. More. here