Slovenske Energeticke Strojarne as is a Slovakia-based joint-stock company primarily engaged in the design, manufacture and assembly of power engineering equipment. The Company provides boilers for combustion of coal, oil, gas and biomass and determined for thermal power plants or combined heating and power plants as well as incinerating plants. In addition to equipment for power engineering, the Company produces equipment for the oil, gas, metallurgy and consumer goods industry. It also provides services in power engineering: development, designing, manufacture, assembly and commissioning. As of December 31, 2011, it was operational through eight subsidiaries, including SES Hungaria sro, SES Bohemia sro, SES Polska sro and SES Chile sro., among others. Segfield Investment Ltd. held an 85.37% stake in the Company’s capital.