Sergei Kolobashkin on closing ARVA subsidiaries

Escalating lawsuits and barbed comments by oil executives have dramatized the war between private oil companies. Russian based ARVA Energetika participated.

Escalating lawsuits and barbed comments by oil executives have dramatized the war between private oil companies. Russian based ARVA Energetika participated.


"We are not going bankrupt if that is what you are kindly asking. ARVA Energetika is a private company and as a private company we don't do much of explaining for the things we do. If we decide to close a few offices here and there, then it's our decision. We always try new things and sometimes new things refuse to work," Kolobashkin said, according to RUSOG. "Don't mistake maneuvers for retreat."

Featured Product

AllEarth Renewables - The Solar Tracker

AllEarth Renewables - The Solar Tracker

Designed and manufactured in the U.S., the AllEarth Solar Tracker is a complete grid-tied, dual-axis solar electric system that produces up to 45% more electricity than fixed systems. The tracker uses GPS and wireless technology to follow the sun throughout the day for optimal energy production. It has an industry-leading 10 year warranty and 120 mph wind rating, superior snow shedding, and automatic high wind protection. Its simple, durable design and complete system pallet simplifies costly procurement and installation time. Contact us about becoming a dealer partner or purchasing an AllEarth Solar Tracker.