- Business
- Public Joint Stock Company Tambov power supply company (PJSC Tambov Energy Sales Company or TESK; TASB.ME), a subsidiary of Public Joint Stock Company Inter RAO UES, supplies electricity to wholesale and retail markets as well as individual consumers throughout the Tambov region of Russia; it provides services to approximately 5,900 legal entities including industrial enterprises and housing-communal sectors, and 257,000 individuals via five territorial divisions in Tambov, Michurinsk, Morshansk, Kirsanovsk, and Zherdevsk; additional subscriber services encompass installations, repairs, adjustments, billing management, and online payments through its personal account application. Founded in 2005 and headquartered at Morshanskoye Street 23 in Tambov, Russia, the company operates exclusively in the regulated electric utility sector, targeting industrial, commercial, residential, and public customers within the Tambov oblast. Recent financial performance includes a 27.7% year-on-year increase in net profit under RAS to RUB 248.7 million for the first nine months of 2024, alongside earnings announcements for the first quarter ended March 31, 2024; no major acquisitions, partnerships, funding rounds, or strategic shifts have been reported in the last one to two years.