OREANDA-NEWS. January 14, 2010. Veles Capital held meeting with analysts of the leading investment companies as part of the preparation of the EMAlliance company’s stock listing.

During the meeting investment memorandum and other information about the forthcoming listing on the RTS exchange were presented. Also the analysts were told about qualitative changes in company’s management, strategic planning and business diversification. EMAlliance’s president Timur Avdeenko presented the current financial data of the company and planes of the strategic development. Despite of the financial crisis the company strengthened it’s market positions as it possesses the wide range of available services such as engineering, power-machine construction and after-sales service. During the meeting EMAlliance’s top-managers answered all the questions on forthcoming listing and company’s financial data. At the end of the meeting Maxim Volkov, member of the RTS Director’s board said that EMAlliance chose the right time for listing as the investor’s interest to the company is raising rapidly.

EnergoMashinostroitelny Alliance is one of Russia’s largest power machine-building companies. EMAlliance has a global experience and competence in engineering and supply of power generating equipment. The company develops its manufacturing potential in combination with innovative activities. EMAlliance has gained experience in power projects under EPC contracts.

EMAlliance owns 75% shares of the boiler-manufacturing plant Krasny Kotelshchik. Engineering  subsidiaries of EMAlliance are established in Taganrog, Podolsk, Barnaul and Ivanovo. Over 6000 people are employed at the company’s enterprises, including over 700 highly qualified engineers.

The present day the company is able to design boilers with steam generation from 100 to 4000 tones per hour, (inc. for the equipment with to-, above-, ultra supercritical steam conditions. EMAlliance possesses the technology of designing and fabrication of HRSG for CCP and performs engineering, complete supply of the equipment for WtE plants and bio fuel processing enterprises and develops new technologies in renewable energy sources, pollution abatement system, coal gasification, SCC.

Veles Capital investment group is part of Veles Capital group and specializes on M&A , IPO and corporate finance services. In November 2009 EMAlliance’s Board of directors approved Veles Capital Investment Group as investment adviser for the company’s listing on RTS exchange planned for 2010 Q1.