On organizational and personnel changes in PJSC «Power machines»

By the Board Resolution, on September 20, 2018, Timur Lipatov, the former head of «Inter RAO — Management of Electric Power Plants» LLC, was appointed CEO of PJSC «Power machines».

Iurii Petrenya, who led the Company since July 2017, returns to the position of Deputy CEO — Technical Director and is in charge of the technology policy and research activities of Power Machines.

Commenting on the personnel changes, Alexey Mordashov, the Chairman of the Board of Directors of PJSC «Power machines», said: «Timur Lipatov is an experienced, active and highly qualified manager of the enterprises of the power-generating industry in Russia. I am sure that he has the required competencies to meet the complex challenges of the Power Machines company. At the same time, I want to thank Iurii Petrenya for the great work he has done during the challenging period for Power Machines.»

Taking into account the market demands, PJSC «Power machines» continues to improve the existing high-tech products, as well as developing new ones, within the range of basic equipment for nuclear, thermal and hydroelectric power plants. The company's strategic plans in the import substitution include the development and production of domestic gas turbine units (GTU) with a capacity of 65MW and 170MW, within the state co-funding program.

The company will continue to make proactive efforts aimed at raising efficiency, reducing costs, developing customer service and implementing global best production and management practices, to strengthen the competitiveness of PJSC «Power machines» in the Russian and foreign markets.

Biography

Timur Vladimirovich Lipatov was born in 1980. He graduated with honors from the Moscow Power Engineering Institute and the International Independent Ecological and Political University. 

In 2012 he gained an MBA from the European School of Management and Technology in Berlin, Germany. 

In 2002-2007, he held various technical positions at Russian Thermal Engineering Research Institute, Technopromexport and Enel OGK-5. 

In 2007-2009, - Director of Capital Development of OGK-3. 

In 2009, he joined E.ON Russia as Chief Operating Officer for Capital Construction, in 2011, was appointed Vice President of New Construction and Strategic Organizational Development of the company. 

In 2015-2018, - Chief Executive of LLC Inter RAO — Management of Electric Power Plants. 

Timur has more than 15 years of experience in the energy industry.