TGK-9 Closes Down Yekaterinburg Subsidiary

The power supplier TGK-9 announced its Yekaterinburg subsidiary would go into liquidation. This decision was made by the company’s Board of Directors.

The company will still run its Sverdlovsk subsidiary, a Yekaterinburg-based subsidiary responsible for priority investment projects, and Academic subsidiary for priority investment projects in Sverdlovsk Region.

Sverdlovsk Heat-Supplying Company informed UrBC that the liquidated subsidiary had actually been a non-functioning, deadweight structure for a while before it closed.

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