Sbytovoy Holding LLC increased its equity position in OJSC Sverdlovenergosbyt to 91.22% from 0.9983%, Sverdlovenergosbyt informed.
At the same time, Center Region Invest LLC withdrew from the power supply company selling its 91.22% equity stake.
OJSC Sverdlovenergosbyt (tax number: 6670082105) is the last resort supplier of electric power in Sverdlovsk region. About 1 million household subscribers and 31 thousand legal entities are its customers. The company delivers electric power to major Russian metallurgical and mechanical engineering enterprises. OJSC Sverdlovenergosbyt operates 6 inter-district units with 66 departments in municipalities of the Middle Ural region.
According to the DataCapital information retrieval system, RAS net loss of OJSC Sverdlovenergosbyt for H1 2014 was RUB 629.868 million against a profit of RUB 40.347 million the year before. Revenue increased by 20.35% to RUB 19.087 billion from RUB 15.859 billion, sales profit by 36.66% to RUB 689.456 million from RUB 504.51 million, loss before tax was RUB 760.499 million against a profit of RUB 21.378 million for the same period in 2013.