AO "GR Velikiy Novgorod" ORD
MMOEX:NOVG9,000.00
RUB
0.00
(0.00%)
ISIN
RU0006765138
Return %
Stock
S&P 500
1Y
-66.67
14.20
3Y
- -
81.12
5Y
- -
68.34
Capital Structure
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in mil. unless spec.Quarterly Revenue
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- Sector
- Industrial services
- Industry
- Engineering & construction
- Address
- Velikiy Novgorod Russian Federation
- IPO Date
- Nov 8, 2016
- Website
- novoblgaz.ru
- Similar Companies
- Business
- AO "Gazprom Gazoraspredelenie Velikiy Novgorod" (MOEX: NOVG) is a regional utility company primarily engaged in the transmission and distribution of natural gas across the Novgorod Oblast in the Russian Federation. Founded in 1959 and headquartered in Veliky Novgorod, the company operates as a key regional subsidiary under Gazprom Mezhregiongaz within the PJSC Gazprom corporate structure. The company manages extensive gas pipeline networks and provides an integrated suite of energy infrastructure services, including natural gas transportation through high-, medium-, and low-pressure distribution pipelines; technological connection and hook-up of residential, commercial, and industrial properties to centralized gas grids; engineering, design, construction, and commissioning of gas distribution networks and gas pressure regulating stations; technical maintenance, inspection, diagnostic testing, and repair of intra-building and external gas pipelines and equipment; retail supply, installation, calibration, and replacement of gas meters, gas boilers, water heaters, and domestic gas-burning appliances; and 24/7 centralized emergency dispatch, pipeline integrity monitoring, and hazardous incident response services. In recent operational developments, the company has significantly expanded its capital investment in regional social gasification initiatives, constructing inter-settlement gas pipelines and expanding branch networks to connect previously unserved residential communities, healthcare centers, educational facilities, and municipal boiler houses throughout the Novgorod region. Additionally, the enterprise has implemented modern telemetry and automated dispatch systems across its gas distribution nodes, integrated smart metering infrastructure, and expanded digital customer service portals to streamline technical connection requests and enhance network reliability.