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Investegate announcements from EN+ Group Intnl PJSC, EN+ GROUP 1H 2022 FINANCIAL RESULTS

Investegate announcements from EN+ Group Intnl PJSC, EN+ GROUP ANNOUNCES 4Q AND FY 2021 TRADING UPDATE

Investegate announcements from EN+ Group Intnl PJSC, EN+ GROUP ANNOUNCES 9M AND 3Q 2021 TRADING UPDATE

Advertisement En+ Group, a producer of low-carbon aluminium and one of the largest private sector generators of hydropower, has announced that it has begun the replacement of six hydraulic units at the Group’s Bratsk HPP (hydropower plant) as part of its large-scale ‘New Energy’ modernisation programme. The total investment in the project for this stage of the project is more than 1.5 billion roubles. The replacement works are planned to take place from 2021 to 2026. The outcome of the works will see all 18 impellers replaced (12 have already been replaced during the earlier stages of t...

EN+ GROUP ANNOUNCES 4Q AND FY 2020 TRADING UPDATE The rapid spread of the COVID-19 virus from early 2020 led to a decline in business activity and a rapid deterioration of commodity markets, marked by considerable bouts of volatility. The second half of 2020 saw our end markets stabilise, and then show signs of recovery in 4Q 2020. Despite these challenges, En+ continued to move forward with confidence and maintained stable operating performance both in its Metals and Power segments. Aluminium production remained at the same level as 2019, while power generation delivered year on ...