Press releases

«EMAlliance» redesigns Moldavian SDPP
JSC “EMAlliance” and CSC “Moldavian SDPP” (republic of Moldova) have entered into the Contract on Power Unit № 9 Boiler TM-104 modifications. Work price under the Contract will amount to 160 bln. rbl.

«EMAlliance» created Mathematical Simulation Department
A new Department of Mathematical Simulation was created in JSC “EMAlliance”. The Department has become a part of Scientific and technical innovation center of the company.

Increase in the membership of JSC “EMAlliance” Board of Directors
Following the decision of JSC “EMAlliance” sole shareholder – the company Auburn Investments Limited (Cyprus) - the membership of the Board of Directors of JSC “EMAlliance” was increased from 5 to 7 members. New members of the Board of Directors are: Igor Parkhomenko, Counsellor of JSC “EMAlliance” General Director on financing strategic and Alexey Dubinchin, Head of JSC “EMAlliance” Tax and Law Department.

“EMAlliance –Finance” made payments for the 8th coupon of the bond loan
“EMAlliance –Finance” (a part of “EMAlliance” Group) paid coupon yield for the 8th coupon of the bond loan. The payment was executed by ZAO “UniCredit Bank” which is LLC “EMAlliance -Finance” paying agent.

EMALLIANCE submitted their IFRS consolidated financial statements & reports for the year 2009
On 23 June, 2010 published is the audited consolidated financial statements & reports for the year 2009, covering the companies of EMAlliance Group, that has been prepared in accordance with the International Financial Reporting Standards (IFRS). The said financial statements & reporting was duly audited by ZAO «BDO».

“EMAlliance” made a decision on additional issue of shares
The sole shareholder of JSC “EMAlliance” – company «AUBURN INVESTMENTS LIMITED» (Republic of Cyprus) made a decision to increase JSC “EMAlliance” registered capital by placing of 240 million 150 thousand additional ordinary nominal uncertificated shares with nominal value 1 rbl. each within the number of announced ordinary nominal uncertificated shares.

“EMAlliance” develops the cooperation with Ukrainian partners
JSC “EMAlliance” has won a tender of JSC “Donbassenergo” (Ukrain) within the Project of Starobashevskaya TPP Power Unit №11 modernization. The leading international powermachine building companies took part in the tender.

Innovation project of JSC “EMAlliance” was approved by SC “Rosnanotech” scientific and technical council
JSC “EMAlliance” Project on development of industrial production of new generation power equipment made of nanopatterned steels operational under ultra supercritical steam parameters was approved by Scientific and technical council of State Corporation “Rosnanotech” and recommended to Board of Control and Supervisory Council of SC “Rosnanotech” for financing.

«EMAlliance» and «TsNIITMASH» are ready to take joint participation
JSC “EMAlliance” and SRC RF JSC NPO "TsNIITMASH” plan to bid jointly for the project “Development of energy efficient steam boilers with circulating fluidized bed (CFB) with power capacity up to 330 MW for supercritical steam parameters”.

«EMAlliance» sums up financial results of 2009

According to nonconsolidated accounting reports of JSC “EMAlliance” for 2009 prepared under Russian Accounting Standards (RAS), the company’s rescue makes 6 billion 393 million rubles, it is 384% higher than in 2008 when that index amounted to 1 billion 320 millions rubles.