Evropeyskaya Elektrotekhnica's experts take part in a workshop by Roxtec (Sweden)
Evropeyskaya Elektrotekhnica's experts take part in a workshop by Roxtec (Sweden)
November 6, 2018. Moscow — Experts from Evropeyskaya Elektrotekhnica (hereinafter, the "Company"), a leading company in the Russian engineering market, participated in a workshop held by Roxtec (Sweden) on Sealing Solutions for Pipes and Cable Glands in the Oil&Gas Industry. The event took place on October 12 in Karlskrona, Sweden.
The workshop program included visiting Roxtec International AB's plant (fully automated production), learning about the process of manufacturing cable glands and conduit entries, sharing experience in the Oil&Gas segment with experts of Roxtec International AB, and studying and receiving detailed information on the application of Roxtec's products in the Oil&Gas industry.
The participants had the opportunity to review the technical features of products manufactured by Roxtec and try out engineering using the Roxtec Transit Designer™ program. A training session was held on installing Roxtec products, and visits to test laboratories were organized, where product testing was underway.
Ilya Kalenkov, General Director of PJSC Evropeyskaya Elektrotekhnica, commented on this event: "Our relationships with colleagues from Roxtec have long gone beyond the "standard" interaction with the vendor. Since December 2017, Evropeyskaya Elektrotekhnica has been an official distributor of the Swedish company in the Russian Federation, the largest in the country in terms of Roxtec's product sales. In the Russian market, Roxtec solutions are in demand in the Oil&Gas, petrochemical, power, shipbuilding and other industries.
We must recognize that the use of modern sealing solutions for cable glands and conduit entries is new for Russia. At the same time, we see that these advanced technical products are drawing interest from our customers, who have high requirements for the performance parameters of their industrial facilities, namely with regard to lifespan, water resistance, fire protection, explosion protection, and lightning protection.
An important reason for our active cooperation with Roxtec is the similar business ideology shared by our two companies: by this I mean our mutual willingness to find non-standard and complex solutions needed by our clients, which entail a higher level of responsibility for the results of implemented projects. This is in Evropeyskaya Elektrotekhnica's interest, as it allows us to grow as technical and engineering specialists, as well as to be at the forefront of these market sectors in Russia and neighboring countries.
A good example of this is a project successfully implemented by Roxtec in Sochi. A solution was developed and applied at the customer's request which provided sustainability and flexibility in connecting pipes to the building, even considering the possibility of serious seismic activity in the region."
Sergey Bril, Technical Director of Roxtec RU LLC, noted: "Complex tasks and non-standard solutions have always been a challenge to our professionalism and experience. Every new project is proof that nothing is impossible. When design drawings on paper become a real technical solution that provides safety for both people and equipment, and when team work on a facility during supervision allows to be part of a major project, we know that the company is heading in the right direction. When your business partners put faith in you and are ready to use their resources to solve any issues, this indicates a high level of quality and trust in both the product and the people working at the company."
REFERENCE:
Roxtec is a manufacturer and supplier of universal modular sealing systems for cables and pipes. The Multidiameter™ technology developed by the company allows the sealing module to fit the outer diameter of cables and pipes using removable rubber layers. This approach enables to seal a cable or a pipe with any outer diameter. The solution makes the engineering process and development easier, speeds up installation, and reduces the need for inventory, materials, and logistics. It also provides backup space for upgrades and future changes at no additional cost. Roxtec serves customers in more than 80 markets through its branches and distribution network. The company's sales volume amounted to EUR 170 million in the 2017/2018 fiscal year. Average number of employees in the 2017/2018 fiscal year: 759.
Sources: https://www.roxtec.com/ru/informatsiya-o-kompanii-roxtec/smi/
About the Group of Companies PJSC Evropeyskaya Elektrotekhnica
PJSC Evropeyskaya Elektrotekhnica (MOEX: EELT) provides comprehensive services in the sphere of creating energy and electric power supply systems, electric lighting systems, and low current systems at all types of facilities, as well as industrial electric heating systems.
The Company has been working in the electrical engineering market since 2004, and at present has its own engineering and production facilities. The Company is one of the leading distributors of electrical equipment in Russia, offering customers a wide range of products made both in Russia and abroad. Thanks to a well-organized and efficient logistics system, the Company is able to supply products (including oversize loads) all over Russia, including to hard-to-reach areas of the North, as well as Belarus, Kazakhstan, Turkmenistan, Kyrgyzstan and Uzbekistan. The Company established its own production of transformer substations, electric switchboard equipment of any complexity (up to 6300A), electric lighting systems and electric heating systems.
The Company implements projects in the Oil&Gas sector, electric power sector, nuclear industry, metal industry, mining industry, and manufacturing industry and at transport infrastructure facilities. Evropeyskaya Elektrotekhnica's customers include companies such as Rosneft, Gazprom, NOVATEK, LUKOIL, and Nizhnekamskneftekhim. The Company's projects include Power of Siberia, Yamal LNG, Smolensk NPP, Data Center of Sberbank of Russia, and the Domodedovo, Sheremetyevo, and Pulkovo airports, etc.
Since 2018, the Group has been producing highly efficient modular process equipment for clients in Oil&Gas and petrochemical markets at the site of its subsidiary ROG-Engineering, a research and production company in Ufa (Republic of Bashkortostan, Russia).
Key financial indicators of PJSC Evropeyskaya Elektrotekhnica (IFRS):
|
Revenue (RUB billion) |
Profit for the period (RUB million) |
Total assets (RUB billion) |
H1 2018 |
1.5 |
143.4 |
1.22 |
2017 |
2.6 |
134.7 |
1.15 |
The number of employees is about 400 (as of June 30, 2018). Since September 2017, common shares of PJSC Evropeyskaya Elektrotekhnica are traded on the Moscow Exchange with trading code EELT.
In June 2018, the Company was named "Leader of Import Substitution" at the "Leader of Competitive Sales" annual national awards, in which 450 domestic suppliers from various industries took part.
Contacts:
PJSC Evropeyskaya Elektrotekhnica
Tel .: +7 (495) 640-93-48
Mailing address: Building 3, 1 Lyotchika Babushkina St., Moscow, 129344
Press contact
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Contact for investors and analysts
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For more information, please contact:
Stanislav Martyushev
Director for Corporate Communications and Investor Relations
PJSC Evropeyskaya Elektrotekhnica
Tel. +7 (495) 640-93-48, ext. 164
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