- CEO
- Dmitry Mikhailovich Kaul
- Full Time Employees
- 1,077
- Sector
- Utilities
- Industry
- Electric utilities
- Address
- st. Kozlovskaya, 14 Volgograd VO Russian Federation 400001
- IPO Date
- Sep 8, 2005
- Business
- Volgogradenergosbyt Public Joint-Stock Company (VGSB.ME) engages principally in the purchase, sale, and distribution of electric energy on wholesale and retail markets to industrial consumers, socially important organizations, and the public in Russia's Volgograd region. The company offers core services including maintenance and monitoring of energy measuring equipment, preparation of technical documentation, and consulting in the electrical power sector; it operates through a branch in Moscow and serves customers via energy supply contracts ensuring reliable and uninterrupted electricity provision. Founded in 2005 through the reorganization of Volgogradenergo OAO and headquartered at Ulitsa Kozlovskaya 14 in Volgograd, the firm focuses on the electric utilities industry with all sales generated in the Russian Federation.
In recent developments, Liliya Ponomareva acquires a 22.7% stake in the company as of December 2024, alongside transactions involving an unknown buyer and LVL Investment Group that reshape its ownership structure. The company reports RAS net profit of RUB2.2 billion for full-year 2024, up 15.8% year-over-year with revenue increasing 6.4% to RUB36.4 billion, and for the first nine months of 2024 posts net profit of RUB1.6 billion, a 33.3% rise; however, IFRS net profit for the first six months of 2025 declines 18.4% to RUB0.914 billion despite 11.6% revenue growth to RUB16.4 billion. These financial results and ownership changes reflect ongoing operational resilience and strategic investor interest amid regional energy market dynamics.