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A. Fomenkov buys 19.4973% equity stake in Volgogradenergosbyt

Alexander Fomenkov acquired 19.4973% of the authorized capital of OJSC Volgogradenergosbyt, the company informed.

Prior to this transaction, A. Fomenkov did not own voting shares in Volgogradeergosbyt.

OJSC Volgogradenergosbyt (tax number: 3445071523) was established in 2005. Its core business is the purchase of electric power in the wholesale electricity market and its sale in the retail market to business and other consumers, in particular, to socially significant entities and the population in Volgograd region under power supply contracts.

According to the DataCapital information retrieval system, RAS net loss of OJSC Volgogradenergosbyt for 9 months 2013 was RUB 393.308 million against a profit of RUB 8.479 million the year before. Revenue decreased by 1.01% to RUB 14.221 billion from RUB 14.366 billion, sales loss was RUB 4.075 million against a profit of RUB 396.101 million for 9 months 2012, loss before tax was RUB 386.716 million against a profit of RUB 7.908 million.

"AK&M", 06.03.2014


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