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Vyacheslav Solomin Appointed CEO of EuroSibEnergo

 

Moscow/Irkutsk, May 28, 2014 – EuroSibEnergo (ESE), the largest independent electricity producer in Russia, announces the appointment of Vyacheslav Solomin as company CEO. Mr. Solomin, whose nomination was proposed by En+ Group and approved by a special meeting of the ESE’s shareholders, will formally assume office on June 1, 2014.

“EuroSibEnergo seeks to build on the power stations’ high levels of operational reliability, make extensive asset upgrades and embark on new energy and related projects. I have no doubt that the Company, steered by Vyacheslav, an industry expert with vast professional experience, will be able to accomplish its tasks and reinforce its leading position in the Russian energy industry”, said Maxim Sokov, CEO of En+ Group.

Biography:

Vyacheslav Solomin was born on May 4, 1975 in Vladivostok (East of Russia). Mr. Solomin graduated with honors from Far Eastern State University (World Economy), later from Maryland University, the USA (Management). Mr. Solomin’s career started at PricewaterhouseCoopers. In 2005, Vyacheslav was appointed Head of the Corporate Controlling Department of the Financial and Economic Service of Sibur Holding JSC. In 2006-2007, he served as CFO of Inter RAO UES JSC. Mr. Solomin joined ESE in 2007 as CFO, and was appointed 1st Deputy CEO in April 2010. Since September 2013, Mr. Solomin has been acting CEO of the Company. Vyacheslav Solomin received several industry-sponsored awards, incl. the Acknowledgement and Honorary Certificate of the Ministry of Energy of the Russian Federation.

About the company:

EuroSibEnergo (www.eurosib.ru) is the Russia’s largest private energy company owned by En+ Group. The ESE’s 18 power stations have the installed capacity of 19.5 GW, of which more than 15 GW are provided by large hydro power plants in the East part of Russia (Krasnoyarsk, Bratsk, Ust-Ilimsk, Irkutsk HPPs). ESE Group controls coal companies with the total coal reserves of about 1.2 bln tons, marketing and engineering companies. In 2011 ESE and China Yangtze Power Co established a JV to jointly develop hydropower projects in Russia.

 

Press service of OJSC EuroSibEnergo

May 28, 2014
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