TMK Announces 1Q 2020 IFRS Results

Finances

PAO TMK (“TMK” or “the Group”), one of the world’s leading producers of tubular products for the oil and gas industry, today announces its interim consolidated IFRS financial results for the three months ended March 31, 2020. read more

TMK’s Board of Directors recommends the voluntary tender offer by its subsidiary for TMK ordinary shares received on 18 May 2020

Finances

PAO “TMK” (LSE: TMKS; MOEX: TRMK), one of the world’s leading producers of tubular products for the oil and gas industry (“TMK” or the “Company”), announces that the Board of Directors of TMK has recommended today that its shareholders accept the voluntary tender offer (the “Voluntary Tender Offer”) made by “Volzhsky Pipe Plant”, Joint stock company (“VTZ”), a wholly-owned subsidiary of TMK, to acquire up to 358,758,064, or 34.7%, of the ordinary shares of TMK at a cash price of RUB 61 per ordinary share (the “Purchase Price”). read more

Receipt by PAO “TMK” of voluntary tender offer made by “Volzhsky Pipe Plant”, Joint stock company

Finances

PAO “TMK” (LSE: TMKS; MOEX: TRMK), one of the world’s leading producers of tubular products for the oil and gas industry (“TMK” or the “Company”), further to its announcements on 8 April 2020 and 23 April 2020, announces that the Company received today the voluntary tender offer made by “Volzhsky Pipe Plant”, Joint stock company (“VTZ”), to purchase ordinary registered uncertified shares of TMK in the amount of 358,758,064 shares.  The number of shares for which the voluntary tender offer is being made has been amended to comply with the order of the Central Bank of Russia issued on 23 April 2020. read more

TMK to build a SAP-enabled integrated planning system

Management

TMK has launched a project to transform its sales and operations planning using the cloud-based SAP Integrated Business Planning (IBP) solution rolled out in a Russia-based data center. read more

TMK allocates RUB 100 million to the Stop Coronavirus! project

Social responsibility

TMK is actively supporting the Stop Coronavirus! project, which is being implemented by the Sinara Charity Foundation. The company has allocated RUB 100 million to the Foundation to purchase state-of-the-art medical equipment, personal protective equipment (PPE) and hand sanitizer for hospitals in around 20 Russian cities where TMK and Sinara Group entities operate. read more

TMK issues 001P-01 series bonds through a public offering

Finances

PAO TMK (“TMK” or “the Group”), one of the world’s leading producers of tubular products for the oil and gas industry, announces the placement of bonds in the amount of 10 billion roubles with a maturity period of two years on the Moscow Exchange on April 23, 2020. read more

Update on the timing of the voluntary tender offer by VTZ to acquire ordinary shares of the Company

Finances

PAO “TMK” (LSE: TMKS; MOEX: TRMK), one of the world’s leading producers of tubular products for the oil and gas industry (“TMK” or the “Company”), further to its announcement on 8 April 2020 announces that the Central Bank of Russia (the “CBR”) has issued an order to amend the voluntary tender offer of “Volzhsky Pipe Plant”, Joint stock company (“VTZ”), a wholly-owned subsidiary of TMK, to acquire ordinary shares of the Company. read more

TMK Announces 1Q 2020 Operational Results

Environment

TMK, one of the world’s leading producers of tubular products for the oil and gas industry (the “Group’), announces its operational results for the first quarter of 2020. read more

TMK’S Board of Directors approves a tender offer by its subsidiary for its ordinary shares and delisting of its GDRs

Finances

PAO “TMK” (LSE: TMKS; MOEX: TRMK), one of the world’s leading producers of tubular products for the oil and gas industry (“TMK” or the “Company”), announces that the Board of Directors of TMK, at its meeting on 8 April 2020, has approved a programme to purchase ordinary shares of the Company.  In addition, the Board of Directors of TMK evaluated the benefits of the Company retaining a listing of its global depositary receipts on the London Stock Exchange and determined that it is no longer a strategic priority for the Company.  The Board of Directors approved the cancellation of the listing of the global depositary receipts on the London Stock Exchange, to be carried out following the completion of the programme to purchase ordinary shares of TMK. read more

TMK and Sinara Group’s R&D facility in Skolkovo earns international recognition for environmental and energy performance

Management

TMK and Sinara Group’s R&D facility at the Skolkovo Innovation Center has earned LEED Gold, a highly acclaimed international green building certificate. read more

TMK Announces 4Q and FY 2019 IFRS Results

Finances

PAO TMK (“TMK” or “the Group”), one of the world’s leading producers of tubular products for the oil and gas industry, today announces its audited consolidated IFRS financial results for the year ended December 31, 2019. read more

TMK successfully completes USD 500 million 7-year Eurobond issue

Finances

PAO TMK ("TMK" or "the Group"), one of the world's leading producers of tubular products for the oil and gas industry, announces that it has closed a USD 500 million 7-year Eurobond issue with a coupon of 4.30%. read more

TMK Announces FY 2019 Operational Results

Finances

TMK, one of the world’s leading producers of tubular products for the oil and gas industry, announces its operational results for the fourth quarter and twelve months of 2019. read more

TMK closed sale of 100% of Ipsco Tubulars Inc. shares to Tenaris

Finances

PAO TMK announces that it has closed the sale of 100% of the shares of IPSCO Tubulars Inc. to Tenaris. read more

TMK takes leading positions in RSPP and AK&M ratings for sustainable development and social effectiveness

Environment

PAO TMK has confirmed its status as a leader in the field of sustainable development and social effectiveness among Russian companies. In 2019, TMK attained leading positions in rankings for best corporate practices in Responsibility and Transparency, and Sustainable Development assigned by the Russian Union of Industrialists and Entrepreneurs, or RSPP. AK&M Analytical Information Agency placed TMK in top position in its annual rating for social effectiveness among Russian metals and mining companies. read more

TMK Announces the U.S. Department of Justice approved Tenaris’s acquisition of IPSCO Tubulars from TMK

Environment

December 18, 2019 – PAO TMK announces that the U.S. Department of Justice (DOJ) has closed its investigation of Tenaris’s proposed acquisition of IPSCO Tubulars, Inc. from PAO TMK. read more

TMK Announces 3Q and 9M 2019 IFRS Results

Finances

PAO TMK (“TMK” or “the Group”), one of the world’s leading producers of tubular products for the oil and gas industry, today announces its interim consolidated IFRS financial results for the third quarter of 2019 and nine months ended September 30, 2019. read more

Russian Prime Minister Dmitry Medvedev visits the TMK and Sinara Group R&D facility in Skolkovo

Management

Today, during his visit to the Skolkovo Innovation Center, Russian Prime Minister Dmitry Medvedev visited the R&D facility launched by TMK and Sinara Group in Skolkovo. Accompanying the Prime Minister on a tour of the facility were the Prime Minister of the Republic of Belarus, Sergei Rumas, the Prime Minister of the Republic of Uzbekistan, Abdulla Aripov, and Chairman of the Board of the Eurasian Economic Commission, Tigran Sargsyan. read more

TMK Announces 3Q 2019 Operational Results

Finances

TMK, one of the world’s leading producers of tubular products for the oil and gas industry, announces its operational results for the third quarter and nine months of 2019. read more

TMK Announces 2Q 2019 IFRS Results

Finances

PAO TMK (“TMK” or “the Group”), one of the world’s leading producers of tubular products for the oil and gas industry, today announces its interim consolidated IFRS financial results for the six months ended June 30, 2019. read more

TMK Announces 2Q 2019 Operational Results

Finances

TMK, one of the world’s leading producers of tubular products for the oil and gas industry, announces its operational results for the second quarter and first half of 2019. read more

TMK announces Board of Directors decisions and Management changes

Finances

TMK today announces decisions taken by the Board of Directors at a meeting held on June 21, 2019. read more

TMK holds Annual General Meeting of Shareholders

Finances

TMK announces that the Annual General Meeting of Shareholders (AGM) was held in Yekaterinburg, Russia, on June 20, 2019. read more

TMK and NOVATEK sign a Strategic Partnership Agreement to supply premium tubular products

Environment

PJSC TMK (TMK) and PJSC NOVATEK (NOVATEK) signed a Strategic Partnership and Cooperation Agreement at the 23rd St. Petersburg International Economic Forum. Dmitry Pumpyanskiy, Chairman of TMK’s Board of Directors, and Leonid Mikhelson, Chairman of NOVATEK’s Management Board signed the document. read more

TMK partners with the 23rd St. Petersburg International Economic Forum

Management

TMK has been a recurring partner in organizing the St. Petersburg International Economic Forum. read more

TMK and the National Petroleum Company of Congo sign a Memorandum of Understanding

Sales

TMK and the National Petroleum Company of Congo (Société Nationale des Pétroles du Congo, SNPC) signed a Memorandum of Understanding today. read more

TMK Announces 1Q 2019 IFRS Results

Finances

PAO TMK (“TMK” or “the Group”), one of the world’s leading producers of tubular products for the oil and gas industry, today announces its interim consolidated IFRS financial results for three months ended March 31, 2019. read more

TMK Announces 1Q 2019 Operational Results

Finances

TMK, one of the world’s leading producers of tubular products for the oil and gas industry, announces its operational results for the first quarter of 2019. read more

TMK to Sell Ipsco Tubulars Inc.

Finances

March 22, 2019 – PAO TMK announces that it has signed the Stock Purchase Agreement with Tenaris, a manufacturer of seamless and welded pipe, for the sale of 100% of the shares of IPSCO Tubulars Inc. for an aggregate, cash free, debt-free price of US$ 1,209 million, which includes $270 million of working capital. The completion of the transaction is subject to the fulfillment of the conditions precedent in accordance with the Stock Purchase Agreement including, inter alia, the obtaining of all necessary permissions and approvals. read more

TMK Reports Results of First Year into New Strategy at Capital Markets Day

Finances

TMK, one of the world’s leading producers of tubular products for the oil and gas industry, hosted Capital Markets Day in Moscow today. read more