13 May 2020

NIPOM is on the list of enterprises that significantly affect employment and social stability in the region

The government commission for improvement of the Russian economy sustainability has approved a list of strategic and socially significant enterprises which products or services are important for sustainment in a particular territory, functioning of a particular industry or the economic and social systems of the region. Authorities shall monitor the financial position of the organizations included in the register in conditions of collapse in oil prices and coronavirus pandemic to consider a targeted support where necessary.

According to Decree of the Government of the Nizhny Novgorod Region of 02.04.2020 No. 304-R (as amended on 29.04.2020), JSC NIPOM (Nizhny Novgorod) is included in the List of organizations that have a significant impact on employment and social stability in the Nizhny Novgorod Region.

The list of significant and critical enterprises to the region includes enterprises of the automotive and aviation industries, energy and metal industry, gas, chemical, transport, construction industries, ammunition works – a total of organizations from 15 industries.

The development of JSC NIPOM as a large Nizhny Novgorod industrial enterprise plays an important part in the economy of the region, affects the labour conditions and social situation. JSC NIPOM (Nizhny Novgorod) implements energy supply projects for major multinational companies: Gazprom, Rosseti, Transneft, Rosneft, Rosatom, LUKOIL, SIBUR, and Rusagro. By delivering modern, intelligent electrical equipment (including low voltage complete devices, cubicle switchboards, packaged transformer substations, relay protection and automatic equipment, etc.) manufactured using advanced solutions and scientific achievements for reliable power supply, the company contributes to the technological development of the most important industries in Russia.

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