May 23, 2017 10:50 AM ET

Electric Utilities

Company Overview of Yantarenergo OAO

Company Overview

Yantarenergo OAO engages in heat and electric power generation and distribution. The companies’ services include transferring petroleum products from railway to river transport. The company is based in Kaliningrad, Russia. Yantarenergo OAO operates as a subsidiary of Joint Stock Company Russian Grids. As per the transaction announced on July 1, 2008, Yantarenergo OAO operates as a subsidiary of Joint Stock Company Russian Grids. As per the transaction announced on June 30, 2008, Yantarenergo OAO operates as a subsidiary of Joint Stock Company Russian Grids.

34 Teatralnaya St.

Kaliningrad,  36040

Russia

Phone:

7 011 243 6514

Fax:

7 011 243 6026

Key Executives for Yantarenergo OAO

Director General
Compensation as of Fiscal Year 2016.

Yantarenergo OAO Key Developments

Yantarenergo OAO, Board Meeting, Sep 27, 2016

Yantarenergo OAO, Board Meeting, Sep 27, 2016. Agenda: To consider the proposals to the extraordinary general shareholders' meeting to amend the decision to increase the charter capital through additional stock placement made on November 16, 2015.

Yantarenergo OAO, Board Meeting, Sep 30, 2016

Yantarenergo OAO, Board Meeting, Sep 30, 2016. Agenda: To consider the approval of the credit plan for fourth quarter of 2016; to consider the company's position concerning approval of the credit plan of KGK OAO for fourth quarter of 2016; to consider the company’s position concerning approval of the credit plan of Yantarenergosbyt OAO for fourth quarter of 2016; to consider the approval of the Non-State Pension Programme for second half of 2016; to consider pre-approval of additional agreement #4 to the collective agreement for years 2014-2018; and to approve consideration of the report on implementation of the procedure of acceptance and commissioning of completed facilities.

Yantarenergo JSC Announces Earnings Results for the First Half of 2016

Yantarenergo JSC announced earnings results for the first half of 2016. For the period, the company’s net loss decreased 29.06 times to RUB 6.919 million from RUB 201.062 million for the same period in 2015. Revenue increased by 15.14% to RUB 2.412 billion from RUB 2.095 billion, sales profit 2.26 times to RUB 284.033 million from RUB 125.703 million, loss before tax decreased 37.02 times to RUB 6.412 million from RUB 237.383 million.

Similar Private Companies By Industry

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Recent Private Companies Transactions

Type
Date
Target
Private Placement
July 14, 2016
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