June 3, 2021, St. Petersburg — CHEAZ joint-stock company, one of the oldest and largest electrotechnical enterprises in Russia (part of the CHEAZ Group of Companies) and Electrozavod JSC, a leading Russian manufacturer of electrical equipment and a provider of comprehensive services in the energy sector (part of the AFK Sistema Group), signed a cooperation agreement on the sidelines of the St. Petersburg International Economic Forum.
The parties intend to cooperate in a number of areas, including the improvement of design and technological solutions for the products of ChEAZ JSC and Elektrozavod JSC; joint participation in complex projects during the construction / reconstruction of energy facilities, the implementation of EPCM projects; creation of new products based on joint R&D; localization of foreign electrical equipment; after-sales service for the products of the parties.
CHEAZ JSC is a plant with an 80-year history, the founder of the electrical engineering industry in Russia. Cheboksary Electric Apparatus Plant, as one of the experienced equipment manufacturers for the industry, declares the design, development and manufacture of turnkey products and provides comprehensive services for the construction and reconstruction of power distribution systems.
Joint Stock Company Holding Company ELEKTROZAVOD is the largest diversified integrated company in Russia, focused on complex equipment and implementation of projects for the construction, reconstruction and modernization of energy facilities. Electrozavod JSC is known as a developer and manufacturer of a variety of electrical equipment supplied to all sectors of the economy, including the electric power industry, metallurgy, mechanical engineering, transport, the defense complex, and the housing and communal sector. The structure of Electrozavod JSC includes production, service divisions, its own design and research institutes, and a testing center.