Power engineering

Power Machines

Power Machines is a global power engineering company – one of the world’s top-five industry leaders in terms of volume of installed facilities.

The company has developed a wealth of experience and expertise in the engineering-design, manufacturing and supply of equipment sets for thermal, nuclear and hydro power plants. One of the company’s key competitive advantages is the ability to deliver turnkey solutions to complex projects in the electrical energy industry.

The unique experience and wealth of innovative advancements allow Power Machines to manufacture world-class equipment and formulate progressive technical solutions that take the client’s individual needs into consideration. The range of the company’s products encompasses cutting-edge, highly-efficient solutions for thermal, nuclear and hydro power plants, integrated power grids, industry and transport.

Reported revenue of 28.33 bln rubles in 2018.

The company employs more than 15 000 people.

CEO: Timur Lipatov

Website: www.power-m.ru


NordEnergoGroup is a Russian company established for the management of power engineering and electrical assets of Severgroup.

The company's mission is to ensure leadership, combining the advances in electric power and electrical engineering and contributing to the business development of the customers and partners.

The company's vision is to become an integrator of the best power and electrical engineering solutions for all consumers.

NordEnergoGroup includes the leading enterprises of the Russian machine-building complex:

  1. JSC TKZ «Krasny Kotelshchik» (www.tkz.su) is one of the leading enterprises of the Russian boiler-making industry, with international experience and competence in the engineering, manufacture and integrated supply of equipment for thermal power, including the performance of turnkey contracts.
  2. OJSC «Kaluga Turbine Works» (www.oaoktz.ru) is the largest in Russia and the CIS enterprise for the development and production of steam turbines, turbo drives and unit turbogenerators of small and medium capacity for power facilities in various industries.
  3. Power Machines – Reostat Plant LLC (www.reostat.ru) is a machine-building enterprise for manufacturing electrical products – large electric machines, traction motors for mining and oil and gas industries, electric trains and subway cars.

One of the NordEnergoGroup areas is the expansion of the asset portfolio by investing in new promising trends and small technology companies, complementary to production and processing chain and sales channels.

CEO: Alexey Mordashov