{"id":"309a6d51-3c8f-4e56-bd3a-c998d4d516e4","name":"Power Machines","slug":"power-machines","description":"OJSC Power Machines (Siloviye Mashiny) is a Russian energy-systems machine-building company headquartered in Saint Petersburg, founded in 2000. It manufactures steam and gas turbines, turbogenerators, and other power-plant equipment for nuclear and thermal stations, supplying over 57 countries. The company was sanctioned by the U.S. Treasury (OFAC) in 2018 for its role in transferring Siemens gas turbines to [Crimea](https://en.wikipedia.org/wiki/Crimea) in violation of Ukraine-related sanctions, and has since pivoted to domestically produced high-power gas turbines to replace imported equipment cut off by sanctions.","status":"active","founded":2000,"hq":"Saint Petersburg, Russia","hqLat":59.9606739,"hqLng":30.1586551,"hqGeocodedAt":"2026-08-05T14:43:55.449Z","hqAddress":null,"hqPrecision":null,"website":"powermachinesllc.ae","fundingTotal":"319000000","type":"both","reviewStatus":"reviewed","lifecycleState":"active","supersededByCompanyId":null,"sources":[{"url":"https://www.power-machines.ru/","title":"Power Machines","date_accessed":"2026-06-07"}],"keyFacts":[{"label":"HQ","value":"St. Petersburg, Russia"},{"label":"Focus","value":"Power engineering"},{"label":"Products","value":"Turbines, generators, and transformers"},{"label":"Applications","value":"Thermal and nuclear power"},{"label":"CEO","value":"Alexey Podkolzin (General Director, appointed 2024)"},{"label":"Owner","value":"Alexei Mordashov (via Highstat Limited)"},{"label":"Revenue","value":"~$1.18 billion (2017)"},{"label":"Employees","value":"~8,000"},{"label":"OFAC sanctions","value":"Designated January 2018 under EO 14024 / EO 13685 for supplying turbines to Crimea"}],"aliases":[],"collisionRisk":"low","reviewNote":null,"atsProvider":null,"atsSlug":null,"factoryLocations":null,"manufacturingCapacity":null,"orgType":null,"burnSignal":null,"litigationEvents":null,"insurancePostureDisclosed":null,"unitEconomicsDisclosed":null,"tickerSymbol":null,"stockExchange":null,"secCik":null,"revenueUsd":null,"revenueBasis":null,"revenueAsOf":null,"employeeCount":null,"employeeCountBasis":null,"employeeCountAsOf":null,"marketCapUsd":null,"marketCapAsOf":null,"marketCapSource":null,"createdAt":"2026-06-08T04:34:45.871Z","updatedAt":"2026-08-05T14:49:00.882Z","jsonLd":{"@context":"https://schema.org","@type":"Organization","@id":"https://registry.deploy.report/companies/power-machines","url":"https://registry.deploy.report/companies/power-machines","name":"Power Machines","description":"OJSC Power Machines (Siloviye Mashiny) is a Russian energy-systems machine-building company headquartered in Saint Petersburg, founded in 2000. It manufactures steam and gas turbines, turbogenerators, and other power-plant equipment for nuclear and thermal stations, supplying over 57 countries. The company was sanctioned by the U.S. Treasury (OFAC) in 2018 for its role in transferring Siemens gas turbines to [Crimea](https://en.wikipedia.org/wiki/Crimea) in violation of Ukraine-related sanctions, and has since pivoted to domestically produced high-power gas turbines to replace imported equipment cut off by sanctions.","identifier":"309a6d51-3c8f-4e56-bd3a-c998d4d516e4","foundingDate":"2000","address":"Saint Petersburg, Russia","publisher":{"@id":"https://deploy.report/#organization"}},"framework_metadata":{"framework_schema_version":"0.1.0","verification_status":"verified","maturity_stage":null,"lifecycle_state":null,"architectural_position":{"cohort":null,"sub_cohorts":[]},"within_cohort_verified_vs_claimed_pair":null,"cap_flags":[],"verification_depth":{"sources_count":1,"primary_source_types":[]}}}