The energy company Petrol signed cooperation contracts with Russia’s T Plus Grupa and Schneider Electric at a Slovenian-Russian business meeting held in Moscow on Tuesday as part of Prime Minister Marjan Šarec’s visit to the country.
Petrol will cooperate with the two Russian companies in energy efficiency. According to Petrol CEO Tomaž Berločnik, the projects will focus on optimisation of district heating. The project with T Plus Grupa will be carried out in Izhevsk, and the other in Yekaterinburg, where Petrol will set up specialised software and provide IT support.
“Thus we will reduce energy use and optimise operative costs,” Berločnik explained. According to him, the two projects are worth “a few million euro” and potentially tens of million in the future.
The business meeting, hosted by Šarec, Economy Minister Zdravko Počivalšek, Foreign Minister Miro Cerar, Labour Minister Ksenija Klampfer and Russian Digital Development Minister Konstantin Noskov, featured nine other Slovenian companies that already operate on the Russian market.
In his address, Šarec highlighted the two biggest Slovenian investors in Russia, the pharma company Krka and ICT company Iskratel. According to Krka CEO Jože Colarič, Krka’s sales in Russia will reach almost EUR 300 million this year, which is about 40% of Slovenia’s total exports to the country.