Saturn Gas Turbines Changes Company Name

The company Saturn Gas Turbines has a new name. From April 1, 2014, the official name of the company will be Open Joint Stock Company UEC Gas Turbines (UEC — GT).

The company name has been changed in accordance with the decision by the company’s sole shareholder — the United Engine Corporation (UEC).

“UEC — Gas Turbines” is the parent company within UEC on the production of power and gas transportation units, and is successfully developing cooperation with engine-building companies within the holding. UEC —GT uses in its production line a wide range of engine units, which are developed and manufactured at UEC companies. The inclusion of the abbreviation of the head company in the company name of the Rybinsk company is an important step towards implementing the corporation’s strategy aimed at creating a modern production association and earning a leading position on the world market.

UEC — Gas Turbines is an integrator and comprehensive supplier of high-efficiency terrestrial power equipment for the needs of Gazprom, power generation companies, public utilities companies, oil and gas companies, and energy-intensive industrial companies.

UEC — Gas Turbines is the United Engine Corporation parent company on manufacturing power and gas transportation units and comprehensive construction of power generation installations.

The United Engine Corporation is a subsidiary of OBORONPROM. UEC includes more than 85% of the leading companies specializing in the development, mass production, and servicing of gas turbine technology, as well as key companies — selectors of the industry. One of UEC’s priority areas is implementing comprehensive programs to develop industry companies, including implementing new technologies, to meet international standards.

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Tatyana gerasimova

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