1 July 2008 - Sergei A. Tazin (46) will be the new Chief Executive Officer of E.ON Russia Power, thus completing the management team of E.ON's new market unit in Russia. Together with Bernd Dubberstein, Sebastian Eisenberg and Frank Siebert, Mr. Tazin will be responsible for integrating the OGK-4 power station network into the E.ON Group.
Mr. Tazin studied electric power engineering in the United States. He has long-standing management experience in the energy industry. After starting his career at General Electric Power Systems, he assumed various managerial posts in the energy industry in Russia, Kazakhstan and Ukraine. For instance, from 2005 to 2007 he was Chief Executive Officer of LLC EuroSibEnergo, a branch of Russia's largest independent energy supplier entrusted with managing the power station capacities. Mr. Tazin's last post from July 2007 onwards was that of Executive Managing Director and Deputy CEO of the Russian energy company OJSC OGK-3.
E.ON Russia Power GmbH was set up in 2007 for the purpose of expanding E.ON AG's business activities in Russia. In September 2007, E.ON Russia Power acquired a 76.1 per cent stake in the Russian electricity supplier OGK-4. This stake was later increased to 76.6 per cent. OGK-4 covers about 6 per cent of total electricity sendout in Russia.
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