JSC Gazstroyprom acquires 24.43% of Gazprom avtomatizatsiya

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AK&M 23 October 2020 19:46

JSC Gazstroyprom has acquired a 24.43% stake in PJSC Gazprom avtomatizatsiya. The ownership change occurred on October 13, 2020, the company informed.

Gazprom avtomatizatsiya has been successfully operating in the fuel and energy sector for 59 years. Having started as a special design bureau for instrumentation, automation and telemechanization of main gas pipelines in 1960, the company is currently one of the key players in the gas industry. The company has been consistently expanding its scope of activities, successfully operating in markets that are external for PJSC Gazprom, increasing the scale and expanding the geographic reach of its activities.

JSC Gazstroyprom is a leading Russian versatile company providing the whole range of services under infrastructure projects of natural gas extraction, processing and transportation. The company provides services to companies of Gazprom Group.