# Turboatom and Elektrovazhmash to merge into Ukrainian Energy Machines by end of 2021

The merger of Kharkiv-based Turboatom and Elektrovazhmash into a single enterprise called Ukrainian Energy Machines is expected to be completed by the end of 2021, according to Minister Oleksiy Chernyshov.

- Type: Acquisition
- Announced: 2021-10-29
- Where: Kharkiv, Ukraine
- Status: announced
- Products: turbines, generators, traction motors, electrical machines
- Sectors: [Power Generation Equipment](https://endata.com/sectors/power-generation-equipment.md)

## Companies

- [Turboatom](https://endata.com/companies/27205.md) (target)
- [Elektrovazhmash](https://endata.com/companies/57431.md) (target)
- [Ukrainian Energy Machines](https://endata.com/companies/58841.md) (acquirer)
- [Electrotyazhmash Plant](https://endata.com/companies/59588.md) (target)

## Sources

- [ukrinform.ua](https://www.ukrinform.ua/rubric-economy/3341568-cernisov-povidomiv-koli-obednautsa-turboatom-ta-elektrovazmas.html), 2021-10-29: "Процес об’єднання харківських АТ «Турбоатом» та АТ «Електроважмаш» у підприємство «Українські енергетичні машини» має завершитися до кінця 2021 року."
- [en.skelet.org](https://en.skelet.org/amku-soglasoval-prisoedinenie-elektrotyazhmash-k-turboatomu/), 2021-12-09: "After the merger process is completed, JSC Ukrainian Energy Machines and JSC Electrotyazhmash Plant plan to supply complete turbogenerator units and hydrogenerator units complete with spare parts to energy industry enterprises."

---
Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.