- CEO
- Maxim Gennadyevich Shirokov
- Full Time Employees
- 4,355
- Sector
- Utilities
- Industry
- Electric utilities
- Address
- Building B Moscow MC Russian Federation 123112
- IPO Date
- Aug 15, 2006
- Business
- Public Joint-Stock Company Unipro (UPRO.ME) operates as a leading Russian thermal power generation company, focusing on the production and sale of electricity, capacity, and heat energy through five major power plants with a total installed capacity of approximately 11,300 megawatts. Its core assets include Surgutskaya GRES-2 (gas-fired, 5,600 MW), Berezovskaya GRES (lignite-fired, 2,400 MW), Shaturskaya GRES (gas-fired, 1,500 MW), Smolenskaya GRES (coal and gas, 1,000 MW), and Yaivinskaya GRES (coal and gas, 600 MW); the company sells output primarily on Russia's wholesale electricity and capacity market, while also providing distributed generation solutions and engineering services. Unipro serves industrial consumers, regional grids, and heat customers across key power zones in Russia, including Siberia, the Urals, Center, and Northwest regions.
Founded in 2005 through the merger of generation assets previously part of RAO UES and headquartered in Surgut, Russia, Unipro historically operated as a subsidiary of Germany's Uniper SE, which held an 83.73% stake until significant ownership changes occurred. In April 2023, pursuant to Russian Presidential Decree No. 302, the Federal Agency for State Property Management (Rosimushchestvo) assumed temporary management of Uniper's shares in Unipro in response to Western asset seizures, marking a major shift in control that persists as of late 2025. This operational change has coincided with steady performance, including a 5.8% year-on-year increase in electricity generation to cover the first nine months of 2025 and a 48.8% rise in 2024 net profit.
No major acquisitions, funding rounds, partnerships, or new product launches have been reported in the last 1-2 years; instead, the company has focused on maintenance amid service disruptions, such as General Electric's 2023 refusal to service combined-cycle gas turbine units at its plants. Unipro continues to prioritize efficient operations at its large-unit facilities, like the 800-810 MW blocks at Berezovskaya GRES and Surgutskaya GRES-2, supporting Russia's unified energy system reliability. The company explores developments in high-efficiency small- and medium-scale thermal power stations for industrial clients as part of its new business growth strategy.