OGK-2 Public Joint Stock Company (OGKB)

Overview

The Public Joint-Stock Company Second Generating Company of the Electric Power Wholesale Market (PJSC Second Generating Company) stands as a pivotal entity in Russia's energy sector, primarily involved in the generation and distribution of electricity and thermal energy. Established in 2005 and headquartered in Saint Petersburg, Russia, the company has carved out a significant niche in servicing the electric energy wholesale market. As a subsidiary of Public Joint Stock Company Centrenergoholding, PJSC Second Generating Company not only contributes to Russia's power infrastructure but also underscores the strategic interconnections within the nation's energy sector. The organization's operations encompass a broad spectrum of services beyond its core focus, extending to fire safety, transportation, and construction, which collectively enhance its competitive edge in the industry.

Products and Services

The Public Joint-Stock Company Second Generating Company offers a diverse range of energy and ancillary services to meet the comprehensive needs of its clientele, including:

• Electricity Generation and Sale: At the heart of its operations, the company generates and markets electrical power, catering to the needs of the wholesale market.
• Thermal Energy: In addition to electricity, the company provides thermal energy, showcasing its multi-faceted role in the energy sector.
• Fire Safety, Firefighting, and Rescue Work Services: Understanding the inherent risks of its core operation areas, the company offers specialized services in fire safety, firefighting, and rescue operations, ensuring a holistic safety protocol.
• Freight and Passenger Transportation: Expanding its portfolio beyond energy, PJSC Second Generating Company also engages in both freight and passenger transportation services, offering logistical solutions that complement its primary market interests.
• Rail Freight Services: Specifically, the company extends its transportation services to include rail freight offerings, facilitating the efficient movement of goods across its operational territories.
• Construction Activities: Entering the construction sector, PJSC Second Generating Company partakes in construction activities, potentially related to energy infrastructure development and beyond, underscoring its versatility and growth ambitions.
• Investment in Securities: Demonstrating a strategic approach to financial management and growth, the company actively invests in securities, aiming to diversify its income sources and strengthen its financial footing.