Business programme partners

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Business programme partners

Russian Railways is one of the largest rail companies in the world with huge volumes of passenger and freight transportation.

The company boasts high financial ratings, qualified specialists in all spheres of the rail industry, extensive scientific and technological experience, project and construction facilities, and experience in international cooperation.

Russian Railways is responsible for operating an 85,500-kilometre-long railway network. 100% of its stock belongs to the Russian Federation. Every year, Russian Railways transports over 1 billion passengers and ships up to 45% of the country's cargo turnover (including pipelines).

Russian Railways is one of the world’s top three rail industry leaders.

The company’s mission is to meet market demand for transportation services, increase efficiency, improve the quality of services, and increase integration with the Eurasian transport system.


Oleg Belozerov — General Director – Chairman of the Board of Russian Railways

Siemens AG (Berlin and Munich) is a global technology powerhouse that has stood for engineering excellence, innovation, quality, reliability, and internationality for more than 170 years. The company is active around the globe, focusing on the areas of electrification, automation, and digitalization. One of the largest producers of energy-efficient, resource-saving technologies, Siemens is a leading supplier of efficient power generation and power transmission solutions and a pioneer in infrastructure solutions as well as automation, drive, and software solutions for industry. With its publicly listed subsidiary Siemens Healthineers AG, the company is also a leading provider of medical imaging equipment – such as computed tomography and magnetic resonance imaging systems – and a leader in laboratory diagnostics as well as clinical IT. In FY 2018, which ended on 30 September 2018, Siemens generated EUR 83 billion in revenue and a net income of EUR 6.1 billion. At the end of September 2018, the company had around 379,000 employees worldwide. Further information is available on the Internet at www.siemens.com.

Siemens LLC is the head company of Siemens AG in the regional cluster of Russia and Central Asia, which, in addition to Russia, includes Belarus, Kazakhstan, Kyrgyzstan, Tajikistan, Turkmenistan and Uzbekistan. Siemens operates in all of its traditional areas of activity in these countries, has a presence in over 40 towns and cities, and is a leading provider of products, services and integrated solutions for the modernization of key economic sectors and infrastructure. Siemens LLC has about 3,000 employees. In FY 2018, which ended on 30 September 2018, Siemens LLC generated EUR 1.0 billion in revenue. Further information is available on the Internet at: www.siemens.com

Dr. Alexander Liberov — President & CEO Siemens Russia

Fortum is a leading clean-energy company that provides its customers with electricity, heating, and cooling, as well as smart solutions to improve resource efficiency. We want to engage our customers and society, encouraging them to join the change for a cleaner world. We employ some 9,000 professionals in the Nordic and Baltic countries, Russia, Poland and India, and 62% of our electricity generation is CO2 free. Fortum's shares are listed on Nasdaq Helsinki.

Fortum PJSC is a part of Fortum Corporation’s Russia Division, which also includes a 29.5% holding in TGC-1. We produce electricity and heat at eight thermal power plants in the Ural and West Siberia regions. We also produce electricity using three solar power plants. The 35 MW Ulyanovsk wind power plant joined the wholesale electricity and capacity market on 1 January 2018. As of 1 June 2018, the company’s total electricity production capacity was 4,912.5 MW and its heat production capacity was 10,228.8 MW.

In 2018, Fortum received the rights to construct 110 MW of solar generation assets following the results of a competitive selection of renewable energy source-based investment projects. The solar power plants are expected to be commissioned in 2021-2022.

Following the results of the same competitive selection, a Fortum and Rusnano joint fund was selected to construct 823 MW of wind generation assets. Fortum has a 50% share in the fund. In June 2017, the Fortum-Rusnano fund was selected to construct 1 GW of wind generation to be commissioned by 2022. The joint fund is expected to invest 30 bln roubles in the next 5 years.


Alexander Chuvaev — Executive Vice President of Fortum Corporation, General Director of Fortum

Coal Company Kuzbassrazrezugol is Russia’s largest consortium operating in the open-pit coal mining industry. For over 50 years, the Company has been exploiting the unique coal reserves of the Kuznetsk coal basin and it is one of the leading domestic suppliers of high-quality coal to both national and international markets.

Since 2006, Kuzbassrazrezugol has been managed by Ural Mining and Metallurgical Company (UMMC) which brings together almost 50 enterprises in the mining, metallurgical and construction industries.

Leader in the coal market:

  • the largest coal producer in the Kuznetsk Basin (~ 20% of total coal production)
  • the 2nd largest coal producer in Russia (~ 11% of total coal production)

With 50 years in the market, Kuzbassrazrezugol miners have produced more than 1.6 billion tons of coal. The company exploits 16 coal deposits. In-place coal reserves amount to more than 2.5 billion tons of coal. The enterprises within the company structure produce more than 45 million tons of coal annually. Over 70% of extracted coal is exported. Kuzbassrazrezugol is responsible for almost one fifth of Russian coal exports.

Kuzbassrazrezugol’s assets:

  • 6 branches (open-pit mines)
  • 1 mine
  • 10 service enterprises

One of the Company’s strategic goals is to increase in its annual share of processed coal. In the coming years, it plans to increase this share to 90% of its total coal production. Since 2012, Kuzbassrazrezugol has been implementing a programme to expand its processing facilities, which involves renovating the functioning facilities and constructing new processing plants and installations.

To gain a competitive edge on its products, the Company maintains overall quality control and improves the properties of the coal at each stage of production. In order to do so, the company uses advanced mining techniques, enhances its preparation and processing capacities and renews its mining equipment and technologies regularly. Finally, it is strongly committed to industrial and occupational safety on the basis that only safe production can be truly effective.

Sergey Paramonov — Director, Kuzbassrazrezugol

En+ Group is a leading vertically integrated aluminium and power producer. The Company combines power generating assets with 19.6 GW of installed capacity, including 15.1 GW of hydropower generating assets, with aluminium production of annual capacity of 3.9 million tonnes (through the controlling share of RUSAL, the largest primary aluminium producer outside China in the world by output as of 2015).

The Group’s main region of operation is Siberia where key metallurgical assets are located. En+ Group holds a geographically diversified asset portfolio. These factors together ensure a competitive advantage to the company associated with the scale of operation and quality of assets. The metallurgical segment is supported by a developed marketing platform that ensures access to the major aluminium markets including the USA, Western Europe, Japan, and Southeast Asia. As the energy production segment controls the largest and the most efficient network of power stations in Siberia, the Company can be a power provider to key clients in the region, the largest of which are aluminium producers of the metallurgical segment of the Group.

In the first quarter of 2019 consolidated proceeds added up to around USD 2.8 billion (over USD 3.4 in January – March 2018), net profit – USD 409 million (USD 667 million in the first quarter of 2018). Total output in January – March 2019 was 19.2 billion kW, compared with 17.6 billion kW in the first quarter of 2018. Aluminium production output in the first quarter of 2019 was 928,000 tonnes (931,000 tonnes in January – March 2918).

Vladimir Kiriukhin — Chief Executive Officer