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INDUSTRIAL MACHINERY273.5▲ +4.87%AUTOMATION AND ROBOTICS348.5▲ +10.05%PUMPS AND VALVES401.5▲ +2.64%MATERIAL HANDLING340.7▲ +3.73%FOOD PROCESSING EQUIPMENT394.8▲ +4.07%STEEL AND METAL PRODUCTS344.9▲ +29.04%SPECIALTY CHEMICALS256.3▲ +5.14%PLASTICS AND POLYMERS327.5▲ +5.94%PACKAGING506.1▲ +8.86%INDUSTRIAL TEXTILES185.9▲ +3.45%ELECTRICAL EQUIPMENT256.3▲ +8.77%SEMICONDUCTORS AND INDUSTRIAL ELECTRONICS75.3▲ +26.02%AUTOMOTIVE COMPONENTS134.7▲ +3.13%AEROSPACE COMPONENTS291.0▲ +2.38%MEDICAL DEVICES146.2▲ +4.99%CONSTRUCTION MATERIALS262.9▲ +4.08%HVAC AND INDUSTRIAL REFRIGERATION243.3▲ +5.55%POWER GENERATION EQUIPMENT289.6▲ +3.63%WATER TREATMENT EQUIPMENT152.1▲ +2.68%MINING EQUIPMENT462.3▲ +3.56%INDUSTRIAL MACHINERY273.5▲ +4.87%AUTOMATION AND ROBOTICS348.5▲ +10.05%PUMPS AND VALVES401.5▲ +2.64%MATERIAL HANDLING340.7▲ +3.73%FOOD PROCESSING EQUIPMENT394.8▲ +4.07%STEEL AND METAL PRODUCTS344.9▲ +29.04%SPECIALTY CHEMICALS256.3▲ +5.14%PLASTICS AND POLYMERS327.5▲ +5.94%PACKAGING506.1▲ +8.86%INDUSTRIAL TEXTILES185.9▲ +3.45%ELECTRICAL EQUIPMENT256.3▲ +8.77%SEMICONDUCTORS AND INDUSTRIAL ELECTRONICS75.3▲ +26.02%AUTOMOTIVE COMPONENTS134.7▲ +3.13%AEROSPACE COMPONENTS291.0▲ +2.38%MEDICAL DEVICES146.2▲ +4.99%CONSTRUCTION MATERIALS262.9▲ +4.08%HVAC AND INDUSTRIAL REFRIGERATION243.3▲ +5.55%POWER GENERATION EQUIPMENT289.6▲ +3.63%WATER TREATMENT EQUIPMENT152.1▲ +2.68%MINING EQUIPMENT462.3▲ +3.56%

Inter RAO acquires Ural Turbine Works for RUB 10.8 billion · Endata

◂ Announcements

Feb 29, 2024ACQUISITIONRussia

Inter RAO acquires Ural Turbine Works for RUB 10.8 billion

Inter RAO Group has acquired Ural Turbine Works (UTZ) for 10.8 billion rubles. The deal was finalized after receiving FAS approval in July 2023, with the option to exercise the purchase agreement from October 1, 2023 to April 5, 2024.

Value

$118.0M (10.8B RUB)

Status

Completed

Productsturbines

CompaniesUral Turbine Works target Inter RAO acquirer

Sectors#Power Generation Equipment

“Стоимость сделки Группы «Интер РАО» по приобретению «Уральского турбинного завода» (УТЗ) составит 10,8 млрд рублей.”bigpowernews.ru

1 source
bigpowernews.ruИнтер РАО покупает «Уральский турбинный завод» за 10,8 млрд рублей — BigpowerNewsFeb 29, 2024

Summarized from public sources; check the original articles before acting on it.

More from Ural Turbine Works

Jul 18, 2023ACQUISITIONYekaterinburg, Russia
Inter RAO acquires Ural Turbine Works from MosElektroShchit
Ural Turbine Works target Inter RAO acquirer tek-all.ru
Jan 20, 2023EXPANSIONMinsk, Belarusops 20 Jan 2023
New steam turbine and boiler commissioned at Minsk CHPP-3
Minskenergo Ural Turbine Works supplier en.energas.ru
Oct 31, 2022CONTRACTOmsk, Russia
Ural Turbine Works signs contracts to reconstruct two power stations for TGC-11 in Omsk
Ural Turbine Works ROTEK partner xn--b1ag8a.xn--p1ai ritm-magazine.com
Aug 17, 2022EXPANSIONYekaterinburg, Russia, Russia$50.0Mops 2027
Ural Turbine Works to nearly double capacity to 2.5 GW by 2027
Ural Turbine Works Rotec investor en.utz.ru
Jul 8, 2022PARTNERSHIPRussia
Ural Turbine Works and Triveni Turbines to jointly manufacture biofuel low-power units
Ural Turbine Works Rotec partner en.utz.ru
May 16, 2022CONTRACTNovodvinsk, Russia$22.0M
Arkhangelsk Pulp and Paper Mill orders 30 MW turbine from ROTEK
Ural Turbine Works partner Arkhangelsk Pulp and Paper Mill customer 29.ru

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