Evropeyskaya Elektrotekhnica's software for thermotechnical calculation included in the Russian Register of Programs for Electronic Computers and Databases

Evropeyskaya Elektrotekhnica's software for thermotechnical calculation included in the Russian Register of Programs for Electronic Computers and Databases

December 19, 2019 Moscow — On December 3, 2019, the ThermalConductivity software for heat loss calculation, which provides for thermotechnical calculation in electrical heating systems, was included in the Russian Register of Programs for Electronic Computers and Databases.

State Registration Certificate No. 2019665957 was issued by the Federal Service for Intellectual Property (Rospatent). The program's registered name is "Engineering Center Evropeyskaya Elektrotekhnica LLC. Heat Loss Calculations and Heating Cable Selection."

Certificate of registration issued by Rospatent for Evropeyskaya Elektrotekhnica's software

According to the information on the certificate, the software rights holder is Engineering Center Evropeyskaya Elektrotekhnica LLC. It is a key operating company in the structure of PJSC Evropeyskaya Elektrotekhnica (MOEX: EELT), one of the leaders in the Russian engineering market.

In October 2019, Evropeyskaya Elektrotekhnica provided its partners and customers with access to the specialized heat loss calculation program ThermalConductivity for the implementation of engineering projects at industrial and infrastructure facilities.

This software was originally developed as part of the project to create the EE-HITFLEX industrial electric heating system, an important element of our 2018 R&D program.

The ThermalConductivity program will serve engineers and engineering institutions

It helps to automate the process of thermotechnical calculation and quickly select a design solution by altering the following parameters: 

The program provides for thermotechnical calculations:

o   self-regulating cable

o   constant power cable (resistive cable)

The program generates two types of reports:

An example of a heat loss assessment report is one of the results of the ThermalConductivity heat loss calculation program.

Ilya Kalenkov, General Director of PJSC Evropeyskaya Elektrotekhnica, commented the following: "This software is part of our EE-HITFLEX industrial electric heating system, which allows our partners and customers to calculate heat losses and select a particular type of heating cable. The software is the result of our extensive experience of implementing projects of this kind.

We are sure that our partners — engineers and experts from engineering companies — will appreciate the possibility of quickly selecting the optimal technical characteristics and configurations for heating sections, as well as evaluating the parameters of electrical heating subsystems in case of changes to already developed projects.

The program has an intuitive design and a thought-out interface for easy and convenient thermotechnical calculations. When designing the interface, we kept in mind the experience of all key competitors. We are satisfied with the achieved combination of simplicity and functionality.

Further prospects for this software development solution include the automatic formation and delivery of detailed specifications of necessary equipment to heat a particular facility. We will make this functionality available to our partners and customers no later than in the second quarter of 2020.

About Evropeyskaya Elektrotekhnica Group of Companies

• Evropeyskaya Elektrotekhnica Group of Companies (MOEX: EELT) offers comprehensive solutions in the field of engineering and technological systems for industrial, construction and infrastructural purposes: low and medium voltage distribution equipment, low current systems, lighting systems, industrial electric heating systems and equipment for the Oil&Gas and petrochemical industries.

• As a Russian joint-stock company with high corporate governance standards and financial sustainability, the Company's Mission is to improve people's quality of life with its entrepreneurial vigour and engineering competencies.

• The Company was founded in 2004 and unites a distribution center, engineering departments, an electrical laboratory and specialized production facilities. The company is one of the largest electrical equipment distributors in the Russian Federation and an industrial partner of leading companies on the international engineering market.

• The Company's logistics capabilities include delivery (including non-standard and oversize load) to customers throughout Russia, including hard-to-reach Northern areas, as well as to Central Asia, North Africa and the Middle East.

• The Company has its own production of the following equipment:

• Complete transformer substations;

• Medium voltage units;

• Low voltage panels of up to 6,300A (including metro solutions);

• Electric lighting systems;

• Industrial electric heating systems;

• Cabling and wiring products.

• Areas of application of the Company's competences:

• Oil&Gas industry;

• Electric power sector;

• Peaceful atom,

• Steel and mining industry;

• Engineering;

• Transport infrastructure, water supply and sanitation.

• Evropeyskaya Elektrotekhnica's customers include major Russian companies: Rosneft, Gazprom, NOVATEK, LUKOIL, Sibur and Nizhnekamskneftekhim. Supplies were successfully implemented for the following projects: Power of Siberia, Yamal LNG, Smolensk NPP, Data Center of Sberbank of Russia, the Domodedovo, Sheremetyevo, and Pulkovo Airports, etc.

• New areas of Company activity starting from 2018 include development and production of the following:

• Modular equipment for the Oil&Gas and petrochemical industries (Company subsidiary ROG-Engineering, Ufa, Republic of Bashkortostan, Russian Federation);

• Industrial specialized solutions for metro substations (currently being consolidated into the Group's structure: Metrotonnel, Moscow, Russian Federation);

• Industrial electric heating systems.

• Key financial indicators of PJSC Evropeyskaya Elektrotekhnica (IFRS):

350 people – the personnel headcount. 

EELT – the trading code for common shares of PJSC Evropeyskaya Elektrotekhnica on the Moscow Exchange, where shares are traded since September 2017. 

BBB- (RU), stable outlook – the credit rating of PJSC Evropeyskaya Elektrotekhnica is at the investment level; the rating confirmed by ACRA on January 30, 2020. 

Contacts:

PJSC Evropeyskaya Elektrotekhnica

Tel.: +7 (800) 600-71-18

Mailing address: 1 Lyotchika Babushkina Street, Building 3, Moscow, 129344

For more information, please contact:

Stanislav Martyushev

Director for Corporate Communications and Investor Relations

PJSC Evropeyskaya Elektrotekhnica

Tel. +7 (495) 660-71-18 ext. 164

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