Kuzbassenergo Explained

JSC Kuzbassenergo
Native Name:	OAO «Кузбассэнерго»
Native Name Lang:	ru
Type:	Joint-stock company
Location:	Kemerovo, Russia
Key People:	Sergey Mikhailov (CEO)
Revenue:	RUB30,617 million (2010)^[1]
Operating Income:	RUB3,493 million (2010)
Net Income:	RUB2,166 million (2010)
Assets:	RUB33,768 million (2010)
Parent:	Siberian Energy Investments Ltd.

Kuzbassenergo OAO (also known as TGK-12) is a Russian joint-stock company specialized in the distribution of energy. The company's headquarters are located in the Russian city of Barnaul, in the Altai Krai region (Southwest Siberia). The company is controlled by Siberian Energy Investments Ltd., a holding company controlled by Andrey Melnichenko's company Donalink Ltd.^{[2] [3] [4]}

According to the company's official website, Kuzbassenergo generated 24.906 GWh in 2006.^[5]

Kuzbassenergo's CEO is Sergey Mikhailov. The company was delisted from the Moscow Exchange in January 2016.^[6]

Notes and References

1. Web site: Open Joint Stock Company Kuzbassenergo - Annual Report 2010. 10 April 2012. Kuzbassenergo.
2. OJSC SUEK announces intention to demerge its power generation business . . 2011-04-15 . 2012-03-05 . https://web.archive.org/web/20120221073253/http://www.suek.ru/en/page.php?id=306 . 2012-02-21 . dead .
3. News: SUEK OAO Sells Its 50% Stake In Kuzbassenergo OAO-SKRIN . . 2011-04-25 . 2012-03-05.
4. News: SIBERIAN ENERGY INVESTMENTS LTD Increases Its Stake In Kuzbassenergo OAO-SKRIN . . 2011-04-25 . 2012-03-05.
5. http://www.kuzbassenergo.ru/eng/company/about/1/activity.php Kuzbassenergo website, Activity
6. News: Kuzbassenergo OAO to be delisted as of Jan. 20, 2016. https://web.archive.org/web/20170818220748/http://www.reuters.com/finance/stocks/KZBE.RTS/key-developments/article/3309191. dead. 18 August 2017. 18 August 2017. Reuters.