FOR IMMEDIATE RELEASE
Landis+Gyr establishes strong foothold in Russia
Zug, Switzerland, 8 March - Landis+Gyr, a world leading provider of integrated energy management solutions, has formally established its presence in Russia by
opening a new office in Russia’s capital Moscow this month. After several years of
successful business in the growing economy, the company is further developing its
network to ensure a stronger connection to the market.
“Being a world leader in smart metering, we believe we can support our Russian customers in achieving their energy efficiency goals by implementing innovative energy
management solutions and the world’s best practices, which will benefit the Russian
energy sector as a whole. We are fully committed to serving the demand for the
technical modernization of Russian energy infrastructure and have customised our
solutions for Russian market needs. We are working with local partners to provide
end-to-end solutions and continue to help our customers improve business processes, customer relations and accurate energy measurement,” says Victor Vassiliev,
Managing Director, Landis+Gyr Russia.
Since entering the market, Landis+Gyr has built successful relations in Russia, thriving especially with its Gridstream Converge solution. In 2009 it announced the expansion of its commercial metering solution with Mosenergo, one of Russia’s largest
energy generation companies. Landis+Gyr has also been successful in the Industrial,
Commercial and Grid (ICG) meter business and has established solid relations with
the Russian electricity transmission grid operator, Federal Grid Company.
In November 2009, a new law in Russia regarding energy saving and energy efficiency came into force. The law sets up a framework to promote energy efficiency
initiatives and supports the goal set by the President of Russia to decrease the energy intensity of the Russian GDP by at least 40% by 2020. This facilitates the development of new smart metering technologies as they provide two-way communications among energy partners and most importantly, more accurate information on
energy flows, thereby helping to optimise power generation, distribution and consumption. As a leading provider of smart metering solutions, Landis+Gyr has been
the company of choice for many of Russia’s energy companies. Landis+Gyr brings
its global expertise and years of experience to the market customised to Russia specific needs.
About Landis+Gyr
Landis+Gyr is the leading provider of integrated energy management solutions tailored to energy company needs. With a global presence and a reputation for quality
and innovation, Landis+Gyr is unique in its ability to deliver true end-to-end advanced metering solutions. Today, the Company offers the broadest portfolio of
products and services in the electricity metering industry, and is paving the way for
the next generation of smart grid. With annualized sales of more than US$1.25 billion, Landis+Gyr operates in 30 countries across five continents, and employs over
5,000 people with the sole mission of helping the world manage energy better.
For more information please contact:
John Harris
Landis+Gyr EMEA
T: +41 41 935 6439
M : +41 76 315 36 10
E: john.harris@landisgyr.com