Company KPIs Demonstrate Significant Growth in Q1 2017

Company KPIs Demonstrate Significant Growth in Q1 2017

The beginning of the year was successful for PJSC Evropeiskaya Elektrotechnica, bringing good prospects for the company s stable growth. Such dynamics were caused by a number of factors simultaneously, including a gradual increase in the company s geographical expansion. PJSC Evropeiskaya Elektrotechnica opened offices in the Krasnoyarsk Krai, in the cities of Orenburg, Tyumen, and Rostov-on-Don, and opened a representative office in the Republic of Kazakhstan (Astana) in 2016. 

Ilya Kalenkov, General Director of PJSC Evropeiskaya Elektrotechnica, says that expansion of the network of engineering centers encouraged growth of the company s customer base, and for this reason the company's turnover increased from RUB 3.2 to 3.85 billion.

The company s growth is also clearly seen through a comparative analysis of warehouse and logistics services and their quantitative performance indicators. According to PJSC European Electrical Engineering s Financial Department, the total number of orders and shipments increased by 57.33% in Q1 2017. The total number of received goods at the warehouse increased by 40.38% and shipments increased by 39.8% as of April 2017.

According to the results for January/May 2017, the volume of goods produced by the company increased by 19.8% within the framework of the governmental program for import substitution. 

Experts of PJSC Evropeiskaya Elektrotechnica s analytical department predict the opening of five more engineering centers and turnover of RUB 4.64 billion by the end of the year. In 2019, the company is expected to establish 4 more engineering centers with a turnover of RUB 8.63 billion. PJSC Evropeiskaya Elektrotechnica s revenue will amount to RUB 11.7 billion in 2021.

PJSC Evropeiskaya Elektrotechnica is the largest company in the Russian Federation and the CIS countries that provides comprehensive engineering services for the creation of power supply, electric power supply, and electric lighting systems at industrial facilities. Our company has been operating on the market since 2004. Our customers include Rosneft, Gazprom, Novatech, Transneftstroy, Bashneft, Lukoil, Sibur, Almaz-Antey, RZD, Domodedovo and Pulkovo airports, Sabetta port, Yandex, Sberbank, Megafon, MTS, VimpelCom, The Hermitage, the Mariinsky Theatre, and many others. Evropeiskaya Elektrotechnica is one of the best electric equipment suppliers in Russia.