- VKG Elektrivõrgud
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VKG Elektrivõrgud 
Type Private (subsidiary of Viru Keemia Grupp) Industry Utility Predecessor Narva Elektrivõrgud Founded 1 January 1993 Headquarters Narva, Estonia Area served Ida-Virumaa Key people Märt Viileberg (CEO)
Ahti Puur (Chairman)[1]Services Electricity distribution and retail Employees 61 Parent Viru Keemia Grupp Website vkgev.ee VKG Elektrivõrgud (VKG EV, former name: Narva Elektrivõrgud) is an electricity distribution company in Estonia. It is a subsidiary of Viru Keemia Grupp.[1] VKG Elektrivõrgud is the second largest power distribution company in Estonia after Eesti Energia Jaotusvõrk.[2]
Contents
History
History of the company reaches back to 1952.[1] It was established on 1 January 1993 as Narva Elektrivõrk, a subsidiary of Eesti Energia. It was separated from Eesti Energia in 1997 and in 1998–1999 it was sold to Startekor, a company controlled by Cinergy Corporation.[3][4][5][6] In 2002–2003, the company was acquired by Sthenos Group and ECE European City Estates AG.[7] In July 2006, Narva Elektrivõrk became a subsidiary of Viru Keemia Grupp and was renamed VKG Elektrivõrgud.[8][9][10]
Operations
VKG Elektrivõrgud distributes and sells electricity, and also provides operational management services for company power systems. In addition, the company also provides the service of designing, building, repairing, using, checking and maintaining electrical installations through VKG Elektriehitus.
The company's service area is in Ida-Viru County, including Narva, Narva-Jõesuu, Sillamäe, Vaivara Parish and Viivikonna district of Kohtla-Järve. It has 35,000 customers and an annual sales of 262 GWh of electricity.[2]
References
- ^ a b c "OU VKG Elektrivorgud". Bloomberg BusinessWeek. http://investing.businessweek.com/research/stocks/private/snapshot.asp?privcapId=26749197. Retrieved 2011-07-07.
- ^ a b "Estonian Electricity and Gas Market Report" (PDF). Tallinn: Energy Market Inspectorate. 2007. http://www.konkurentsiamet.ee/file.php?14654. Retrieved 2011-07-07.
- ^ Hall, David (October 1999). "Electricity restructuring, privatisation and liberalisation: some international experiences" (DOC). Public Services International Research Unit. University of Greenwich. p. 13. http://www.psiru.org/reports/9910-E-U-Prob.doc. Retrieved 2011-07-07.
- ^ "Contract signed to sell Narva power grid to US company". ETA. 1999-05-05. (subscription required). http://nl.newsbank.com/nl-search/we/Archives?p_product=NewsLibrary&p_multi=BBAB&d_place=BBAB&p_theme=newslibrary2&p_action=search&p_maxdocs=200&p_topdoc=1&p_text_direct-0=0F99F7F72931A4B8&p_field_direct-0=document_id&p_perpage=10&p_sort=YMD_date:D&s_trackval=GooglePM. Retrieved 2011-07-07.
- ^ "Cinergy prefers private grids". Äripäev. 1999-06-18. http://www.aripaev.ee/1482/free/summary.html. Retrieved 2011-07-07.
- ^ Reinap, Aivar (2006-04-12). "Eesti Energia huvitub Narva Elektrivõrgust [Eesti Energia is interested in Narva Elektrivõrgud]" (in Estonian). Postimees. http://wwx.postimees.ee/160706/esileht/majandus/197937.php. Retrieved 2011-07-09.
- ^ "Narva Elektrivõrk — Estonia". ECE European City Estates AG. 2003. http://www.ece.at/en/narva_en.htm. Retrieved 2011-07-07.
- ^ Reinap, Aivar (2006-07-01). "Viru Keemia Grupp ostis Narva Elektrivõrgud [Viru Keemia Grupp bought Narva Elektrivõrgud]" (in Estonian). Postimees. http://www.rooma.postimees.ee/010706/esileht/majandus/207756.php. Retrieved 2011-07-09.
- ^ Kuimet, Peeter (2006-07-14). "VKG ja Narva Elektrivõrgu koondumisele anti roheline tuli [Green light for the concentration of VKG and Narva Elektrivõrgud]" (in Estonian). Postimees. http://www.postimees.ee/241206/esileht/majandus/209469.php. Retrieved 2011-07-09.
- ^ "VKG ostis kaks Narva elektrifirmat [VKG bought two electric companies in Narva]" (in Estonian). Äripäev. 2006-07-03. http://www.ap3.ee/?PublicationId=31503ED6-39D4-4163-9D98-74AA1E3959CE&code=3270/uud_uudidx_327006. Retrieved 2011-07-09.
External links
Categories:- Power companies of Estonia
- Narva
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