Company Overview

Business Description

Sector
Utilities
Industry
Utilities
Headquarters
Russia RU
IPO date
Oct 26, 2007

Dal'nevostochnaya Energeticheskaya Kompaniya PAO, or Far Eastern Energy Company, is an electric utility in Russia’s Far East. It buys, transmits, distributes, and sells electricity to homes, businesses, and industrial customers in the regions it serves. Its job is to move power from the grid to end users and keep that local supply system working.

The company makes money mainly by charging customers for electricity and related grid services. Its customers include households, municipal users, factories, and other businesses that need reliable power in areas where electricity delivery is tightly regulated and tied to the regional network.

What makes this business different is that it sits in the middle of essential local infrastructure. It is not a consumer brand or a manufacturer; it is a regulated utility and network operator with a key role in the regional power system. That gives it a steady, necessity-based business model, but one that depends on regulation, infrastructure maintenance, and the broader power market.

Dal'nevostochnaya Energeticheskaya Kompaniya PAO Investor Relations

Address
Ul. Tigrovaya, 19
Vladivostock, Primorskiy Kray
Russia

Business Segments

Electricity sales

Sells electricity and related power services to homes, businesses, and public institutions across its service area.

Customers

Households, small businesses, factories, and government customers that buy power through the local grid.

Revenue Model

Charges customers for the electricity they use and, in some cases, for regulated power-related services.

Power grids

Owns and operates local distribution networks that move electricity from the grid to end users and connect new customers.

Customers

Electricity users in its service area, plus developers and businesses that need new or upgraded connections.

Revenue Model

Earns regulated network fees and connection charges for delivering power and building customer hookups.

Heat supply

Produces and delivers heat for district heating systems in some locations in the Russian Far East.

Customers

Apartment buildings, municipal facilities, and other local heat users.

Revenue Model

Makes money by charging for heat delivered under regulated or contract-based tariffs.

1 / 3

Management

Mr. Viktor Vladimirovich Milush

Chairman of the Executive Board & Director General

Biography unavailable

Ms. Elena Yuryevna Turina

Deputy Director General - Economy & Finance

Biography unavailable

Mr. Alexandr Sergeevich Efremov

Deputy Director of General for Legal & Corporate Management and Member of the Executive Board

Biography unavailable

Mr. Vitaliy Ivanovich Pravilo

Dy Director General - Technical Affairs, Purchases & Investments

Biography unavailable

Ms. I. V. Kucheeva

Chief Accountant

Biography unavailable

Mr. Alexey Andreevich Khitun

Deputy Director General of Sales

Biography unavailable

1 / 6