June 18, 2018 12:31 PM ET

Electric Utilities

Company Overview of OAO YUTEK-Energy

Company Overview

OAO YUTEK-Energy owns and operates power plants generating electricity. OAO YUTEK-Energy was formerly known as Ugra Territorial Energy Company. OAO YUTEK-Energy was founded in 1995 and is based in Khanty-Mansiysk, Russia. As of October 26, 2017, OAO YUTEK-Energy operates as a subsidiary of Nesko, Ooo.

ul. Sibirskaya, 2

Uray g.

Khanty-Mansiysk,  628285

Russia

Founded in 1995

Phone:

7 3467 62 12 18

Fax:

7 3467 62 12 16

Key Executives for OAO YUTEK-Energy

OAO YUTEK-Energy does not have any Key Executives recorded.

OAO YUTEK-Energy Key Developments

YUTEK Sale Auction Failed

The auction on the sale of 100% in OAO YUTEK-Energy (YUTEK held by Khanty-Mansiysk reg. government) set for Mar. 21 was failed due to zero bids, Kommersant-Urals informed. The experts consider these assets to be problem and overestimated. In spite of this, the regional government still intends to prolong its attempts to sell the Company under the same terms. The starting price is fixed higher RUB 337.5 million (the share capital equal to RUB 202.6 million); auction step fixed at RUB 10.1 million.

Khanty-Mansiysk reg. Government Intends To Sell 100% in Yugorskaya Regional

The Khanty-Mansiysk reg. government intends to sell 100% in Yugorskaya Regional Energetic Company (YUTEK) at the auction set for Mar. 21, 2017, as it was informed.

OAO "YUTEK-Energy" Seeks Financing Through An IPO

OAO "YUTEK-Energy" is seeking financing through an Initial Public Offering (IPO) on the Moscow Exchange in the autumn 2016. Alexey Nefedov, President of OAO "YUTEK-Energy" stated that the capital will be increased by RUB 5-10 billion.

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Recent Private Companies Transactions

Type
Date
Target
Merger/Acquisition
October 26, 2017
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