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EOS Russia is an investment company headquartered in Stockholm. The overall objective of the company is to offer attractive returns via investments in the Russian electricity industry. EOS Russia's shares have been listed on First North, a marketplace operated by the Stockholm Stock Exchange, since 25 June 2007.

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  • EOS Russia
    Biblioteksgatan 11 111 46 Stockholm
    +46 (0) 8 407 31 50
    +46 (0)8 407 31 59
    http://www.eos-russia.se/
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    Notice of Annual General Meeting in EnergyO Solutions Russia AB

    The shareholders in EnergyO Solutions Russia AB, Reg. No. 556694-7684 (the “company”), are hereby summoned to the Annual General Meeting on Tuesday, 17 May 2022. The Board of Directors of the company has, in accordance with the Act (2022:121) on temporary exceptions to facilitate the execution of general meetings in companies and other associations, resolved that the Annual General Meeting is to be held only through postal voting. This means that the Annual General Meeting will be conducted without the physical presence of shareholders, representatives or external parties. Shareholders

    EOS Russia - Year-End Report 1 January - 31 December 2021

    · The loss for EOS during the period was SEK -58.6 million (-155.3). Loss per share was SEK -1.73 (-4.37). Total comprehensive income for the period was SEK 6.9 million (-248.0). · EOS recorded a net loss from investing activities of SEK -51.6 million (-143.5) comprising net dividends of SEK 21.1 million (46.9) and a negative development in the investment portfolio of SEK -72.7 million (-190.4). · Operating expenses amounted to SEK -11.3 million (-11.4).  · Net financial items for the period amounted to SEK 4.3 million (-0.4).  · EOS’ net asset value at December 31, 2021 was

    EOS Russia - Update on recent developments

    EOS Russia (the Company) was informed on 8 March 2022 by Nasdaq Nordic that trading in the Company’s shares listed on Nasdaq First North Growth Market is suspended with immediate effect. The decision stems from the fact that the Moscow Exchange (MOEX) has remained closed since the start of Russia’s military invasion of Ukraine on 24 February. Since the shares in Russian electricity distribution companies that make up the Company’s investment portfolio are traded on MOEX, it is no longer possible for the time being to establish a market-based NAV for the Company. The Company’s sole

    EOS Russia - Half year report 1 January - 30 June 2021

    · The loss for EOS during the period was SEK -21.7 million (-174.6). Loss per share was SEK -0.63 (-4.75). Total comprehensive income for the period was SEK 3.8 million (-165.6). · EOS recorded a net loss from investing activities of SEK -15.9 million (-167.9) comprising net dividends of SEK 19.9 million and a negative development in the investment portfolio of SEK -35.8 million. · Operating expenses amounted to SEK -5.8 million (-6.4).  · Net financial items for the period amounted to SEK -0.0 million (-0.4).  · EOS’ net asset value at June 30, 2021 was SEK 647 million (739).

    Report from Annual General Meeting of EnergyO Solutions Russia AB

    Press release 26 May 2021 At the Annual General Meeting of EnergyO Solutions Russia AB (the “company”) on 26 May 2021 the following resolutions were adopted, in accordance with the proposals described in detail in the general meeting documents which are available at the company’s website: a. The income statements and balance sheets of the company and the group for the financial year 2020 were adopted. b. All available funds were carried forward and no dividend declared. c. The members of the Board of Directors and the Chief Executive Officer were discharged from liability for the

    Report from Annual General Meeting of EnergyO Solutions Russia AB (publ)

    21/5/2019 At the annual general meeting of EnergyO Solutions Russia AB (publ) on 21 May 2019 the following resolutions were adopted, in accordance with the proposals described in detail in the general meeting documents which are available at the company’s website: (a) The income statements and balance sheets of the company and the group for the financial year 2018 were adopted. (b) All available funds were carried forward and no dividend declared. (c) The members of the board of directors and the chief executive officer were discharged from liability for the financial year 2018.

    The Chairman of the Board of EOS Russia granted entry into Russia

    In a press release dated 1 April 2015, EOS Russia disclosed that Mr Seppo Remes, the Chairman of the Board of Directors and a Finnish national residing in Russia for the previous 22 years, had been informed by the Russian authorities that he would no longer be permitted to enter the Russian Federation.  The company is pleased to report that as of now, Mr Remes is once again able to travel freely to and from Russia.”

    EOS Russia terminates CEO contract as part of cost cutting measures

    As part of a range of cost-cutting measures now being implemented, the Board of Directors has decided to terminate the employment contract of Ulf-Henrik Svensson, the CEO of EOS Russia AB. For the time being, Mr Svensson will continue to manage the day-to-day affairs of the company. The Board of Directors is now reviewing options for the operational management of the company with a view to putting in place new permanent arrangements as soon as possible.

    EOS Russia's new synthetic share buyback program

    Pursuant to the synthetic buyback authorization given by the annual general meeting on 10 April 2013, EOS Russia has entered into a swap agreement with SEB AB that will allow for buybacks to be recommenced subject to normal regulatory restrictions. This program will start on Tuesday 27 August 2013. Information regarding purchases during the previous trading day will be communicated at 8:45 CET Monday-Friday, on EOS Russia's web site and through subscription to EOS Russia's NAV-information (please visit http://www.eos-russia.com/display?id=79 to subscribe).Stockholm, 26 August 2013

    Annual General Meeting of EnergyO Solutions Russia AB (publ)

    At the annual general meeting of EnergyO Solutions Russia AB (publ) on 10 April 2013 the following resolutions were adopted: · In accordance with § 13 of the company’s articles of association, the annual general meeting resolved on whether the company shall continue its operations or if the company shall enter into liquidation. It was resolved that the company shall continue its operations. · The parent company’s and the group’s income statements and balance sheets for the financial year 2012 were adopted. All available funds were carried forward and no dividend declared. The

    EOS Russia board statement and recommendation on the future of the Company

    The Board of Directors recommends that the meeting resolves that the Company continues its operations with the intention of returning the invested capital to its shareholders in an orderly fashion when successful realisations are achieved. The continuation of the Company has the advantage of making it possible to execute a managed process to maximise the returns to our shareholders while the alternative, the appointment of external liquidators, has the disadvantage of instituting an irreversible process of realisation of the Company's portfolio with unpredictable consequences.Upside

    ENERGYO SOLUTIONS RUSSIA AB NOTICE TO ANNUAL GENERAL MEETING

    Shareholders in EnergyO Solutions Russia AB (publ) (hereafter “EOS Russia” or “the Company”) are summoned to the annual general meeting at the conference center 7A, Strandvägen 7A, Stockholm, on Wednesday 10 April 2013 at 11.00 a.m.Participation Shareholders who wish to participate in the annual general meeting shall, firstly, be included in the shareholders’ register maintained by Euroclear Sweden AB on Thursday 4 April 2013 and, secondly, notify the Company of their attendance not later than on Thursday 4 April 2013. Notification of attendance Notifications of attendance shall be

    EOS Russia´s investment case and new synthetic buyback program

    · Result of a review of EOS Russia’s investment case by the company’s Board of Directors · New synthetic buyback program to a maximum of 29.9 per cent of all outstanding shares in the company to start on 27 February 2013 · The annual general meeting will be held on 10 April 2013 at the conference centre 7A, Strandvägen 7A at 11.00 a.m. CET. Investment case EOS Russia’s portfolio is now very heavily concentrated in Russian electricity distribution companies, MRSKs, with the aim of benefiting from the on-going launch of the RAB regulation system and, above all, from the expected

    Report from Extraordinary General Meeting of EOS Russia

    At the extraordinary general meeting of EnergyO Solutions Russia AB (publ) on 6 February 2013 the following resolutions were adopted: · It was resolved to settle the dealings between EOS Russia and Skandinaviska Enskilda Banken (publ) under the synthetic buyback programme. Therefore, the extraordinary general meeting adopted the board of directors’ proposals to change the articles of association, to reduce the share capital by redemption of 13,454,658 shares and on bonus issue whereby the company’s share capital shall be increased by transferring funds from the company’s unrestricted

    ENERGYO SOLUTIONS RUSSIA AB (publ) NOTICE TO EXTRAORDINARY GENERAL MEETING

    Shareholders in EnergyO Solutions Russia AB (publ) (hereafter "EOS Russia" or "the Company") are invited to the extraordinary general meeting at the offices of Advokatfirman Vinge, Smålandsgatan 20 in Stockholm on Wednesday 6 February 2013 at 1.00 p.m. CET. Participation Shareholders who wish to participate in the extraordinary general meeting shall, firstly, be included in the shareholders’ register maintained by Euroclear Sweden AB on Thursday 31 January 2013 and, secondly, notify the Company of their attendance not later than on Thursday 31 January 2013. Notification of

    ENERGYO SOLUTIONS RUSSIA AB (publ) KALLELSE TILL EXTRA BOLAGSSTÄMMA

    Aktieägarna i EnergyO Solutions Russia AB (publ) (”EOS Russia” eller ”Bolaget”) kallas till extra bolagsstämma onsdagen den 6 februari 2013 klockan 13.00 på Advokatfirman Vinges kontor, Smålandsgatan 20 i Stockholm. Rätt att delta Aktieägare som önskar delta vid stämman ska dels vara införd i den av Euroclear Sweden AB förda aktieboken torsdagen den 31 januari 2013, dels anmäla sig hos Bolaget senast torsdagen den 31 januari 2013. Anmälan Anmälan om deltagande ska ske skriftligen inom föreskriven tid till EOS Russia, Investor Relations, Birger Jarlsgatan 58, 114 29 Stockholm.

    Board member Sven Thorngren resigns

    Sven Thorngren, EOS Russia's co-founder and board member, has at his own request resigned from all assignments in EOS Russia with immediate effect. "On behalf of the whole Board I would like to thank Sven Thorngren for his great contribution to the work of the Board and EOS Russia in general", says Chairman of the Board Seppo Remes. "His energy, competence and systematic search for improvements were of great importance to the company. I am sure he will find new challenges to re-direct his talent." As announced on 14 December 2012, EOS Russia has convened for an EGM of 6 February 2013 in

    Information regarding upcoming Extraordinary General Meeting of EnergyO Solutions Russia AB (publ)

    The following three important questions will be on the agenda of an Extraordinary General Meeting (“EGM”) of EnergyO Solutions Russia AB (publ) (“EOS Russia”) that the Company’s Board of Directors has resolved to convene on 6 February 2013: · The launch of a new synthetic share buyback program · The cancellation of the shares bought back under the existing program · The election of a smaller (five-person) Board in line with a proposal by Noonday Asset ManagementAt the EGM in August 2012, the Company adopted a Resolution on synthetic buybacks of its own shares whereby the Board of

    EOS Russia AB’s (publ) Nominating Committee has been appointed

    In accordance with the decision taken at EOS Russia’s Annual General Meeting 2012, a Nominating Committee has been appointed among two of the largest shareholders of the company and the Chairman of the Board. The Nominating Committee shall prepare and submit proposals to the general meeting regarding chairman of the board, board members, board fees, auditor and fees to the auditor. The appointed Nominating Committee consists of: Seppo Remes (Chairman of the Board of EOS Russia AB), Lars Bane (representing Noonday Asset Management) and Richard Webb (representing Metage Capital).

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