Sergei Shmatko


Sergei Ivanovich Shmatkó is a Russian businessman and politician specializing in the energy industry. He was Russia's Minister of Energy from May 2008 until May 2012.

Early life

Shmatko was born in Stavropol. He earned degrees from both Urals State University in Yekaterinburg, and the University of Marburg in West Germany.

Business career

His business career from 1992 involved stints consulting in Germany and Russia, and working at the All-Russia Bank of Regional Development. He was appointed head of economic strategy at Rosenergoatom in 1997, and in 2005 became president of Russia's nuclear-power export monopoly, Atomstroyexport.

Minister of Energy

In May 2008, he was appointed to the newly established position of Minister of Energy, in the incoming administration of President Dmitry Medvedev.