PAO "Mosenergoset'stroy" ORD

    PAO "Mosenergoset'stroy" ORD

    MMOEX:MESS
    0.03
    RUB
    +0.00
    (-0.01%)
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    Company Description

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    PAO Mosenergosetstroy (Ticker: MOEX: MESS) is a Russian engineering and construction company that provides infrastructure development, modernization, and maintenance services for the electric power and utility sectors. Tracing its operational roots to 1949 within the regional power grid system and incorporated as an independent public enterprise in 2005 following the spin-off reorganization of RAO UES of Russia and Mosenergo, the company is headquartered in Moscow, Russian Federation. PAO Mosenergosetstroy serves power utilities, regional grid operators, municipal entities, and industrial commercial clients, primarily focusing its operational activities across Moscow, the Moscow Oblast, and neighboring regions of the Russian Federation. The company's primary business operations and service offerings encompass full-cycle engineering, procurement, and construction (EPC) solutions for power transmission and municipal utility networks. Its core portfolio includes the construction, laying, and modernization of high-voltage overhead power transmission lines; the installation, excavation, and routing of underground and underwater power cable networks; the construction, expansion, and technical re-equipment of electrical transformer substations, switchgears, and distribution facilities; the maintenance, testing, and overhaul of electrical apparatus, transformers, and rotating electrical machinery; the installation and commissioning of industrial machinery, turbines, and automated process control systems; and civil infrastructure engineering, including the construction and renovation of pipeline systems for water supply, wastewater disposal, and natural gas distribution. In recent developments, PAO Mosenergosetstroy has been subject to major legal and corporate restructuring events. In late 2025, arbitration authorities instituted formal insolvency observation and supervision proceedings against the company, placing its operational and asset management under judicial monitoring to address creditor liabilities and debt settlements. In addition, the Moscow Exchange implemented adjustments to the trading structure of the company's ordinary shares (ISIN: RU000A0ET727), setting the standard trading lot size to 1,000 shares in late 2024. The enterprise continues to navigate corporate debt restructuring and regulatory disclosures while maintaining its focus on core engineering and maintenance obligations.