Rosvodokanal Group is the leading private operator of water utilities in Russia.
Rosvodokanal Group (“RVK” or “the Company”) is the leading and one of the first professional private operators of water supply and sewerage systems in Russia. Rosvodokanal is the successor of Orgvodokanal repair trust formed in July 1949. For over 50 years the trust has developed projects and managed the construction of water supply and sewerage systems throughout the country. Since becoming part of Alfa Group in 2003, RVK has been reorganized into an inter-regional group which combines a management company and enterprises operating of local water supply and sewage systems in Arkhangelsk, Barnaul, Voronezh, Krasnodar, Omsk, Orenburg, Orsk and Tyumen.
The Company implements the most progressive public private partnership model in the market, allowing municipalities to attract significant private investments into housing and public utilities sector and to utilize professional and successful managers.
RVK’s business development objective is continued improvement of service quality and expansion into new regions of Russia.
Employing more than 10 thousand employees, in 2020 RVK serviced more than 5.9 mln customers in Russia. The Company’s revenue reached US $383.7 mln and total assets amounted US $495.6 mln. In 2020 the leading international rating agency Fitch Ratings confirmed the Company’s “BB-“ credit rating with a stable outlook.
Since 2007 RVK’s local enterprises have been implementing investment programmes of over RUR 102.8 bln in water infrastructure development and modernization.