On February 21, 2006 the placement of the third issue of OAO “TMK” bonds at the total nominal value of RUR 5 billion took place. The placement was effected at the Moscow Central Stock Exchange by means of public offering in the form of a tender for determination of the rate of th...
The international rating agency Standard & Poor’s has conferred a corporate management rating (CMR) on TMK. On the international scale, the rating is 5+, and on the Russian national scale – 5.9. The company\'s final rating is composed of the following elements (on a 10-poin...
Assembly of the casting platform metal structures of a continuous steel-casting machine complex has begun at OJSC TAGMET, an affiliate of TMK, which is due to be put into operation in the III quarter of 2006. Work to commission a continuous casting machine distribution substation...
In December 2005 TMK shipped to consumers 246 thousand tons of various pipes, that is 17% more than that of the previous year. Steel production amounted to 167 thousand tons, 3,5% more than in 2004. TMK produced 35,5 thousand tons of commercial billets – 16% up as compared to the...
The Volzhski Pipe Plant (VTZ, Volgograd Region), a part of TMK, completed the assembly and has started a hot testing of new continuous-casting machine (MNLZ-1). Its capacity is 25% higher than that for previous-generation machines. The MNLZ-1 is one of three continuous-casting ma...
In pipe production unit № 2 of the Taganrog Metallurgical Works, operating within the structure of TMK, an initial batch of casing pipes of resistance group N80 with the new highly hermetic TMK-GF threaded joint has been issued for OJSC Gazprom. A characteristic feature of this t...
At the beginning of November at Taganrog Metallurgical Works, part of the TMK, the second stage of a certificated audit conducted by the company QMI (Canada) was implemented. The Canadian experts checked the conformity of the Environmental Control System of OJSC TAGMET with ISO s...
OJSC TMK announces today that as of October, 2 the company became a member of the International Iron and Steel Institute (IISI), during the 39th annual conference of IISI in Seoul, Republic of Korea. Dmitry Pumpyansky, Chairman of OJSC TMK, was appointed as a Director of IISI Boa...
As part of its continuing programme of upgrading its management systems, TMK Group has taken another step in the modernization of its corporate networks. TMK announces that it will integrate all office applications and server products in the Group on the basis of Microsoft softwa...
The signing took place today in Zurich of the US$25,000,000 medium term secured loan for Sinara Trading, arranged by Moscow Narodny Bank Limited (MNB). Sinara Trading is the major export trading arm of the TMK, the largest Russian producer of pipes principally for the oil and gas...
OJSC TMK announces today that the FFMS has registered the Prospectus submitted by the company. After becoming an Open Joint Stock Company, the registration of the Prospectus is the next step towards openness and transparency for TMK. TMK, the largest pipe company in Russia, is...
TMK Group, one of the world’s leading producers of steel pipes for the oil and gas sector, today announces that its Board of Directors has named Mr Konstantin Semerikov as General Director. Mr Semerikov takes over this role from Mr Dmitry Pumpyansky, who will become Chairman of t...
In 2004 the total of tax allocations of TMK member-enterprises into the state budget and state extrabudgetary funds has amounted to 5,920,000,000 RUR, which is by 41% more as compared to the year 2003. The Company’s sales volume has grown by 30% meanwhile. The last year was marke...
At the end of November the contract was signed in Moscow between Pipe Metallurgical Company and SMS Meer Company for the delivery of two modern presses for lifting and drilling pipe end upset. Pipes with upset ends are used in the most sophisticated and important technological op...
On November 12 the close corporation \"Pipe Metallurgical Company\" (TMK) has floated a supplemental issue of its shares. In accordance with the sale agreement on shares, TMK Steel Limited, the main shareholder of \"TMK\" close corporation, has purchased 873,000,000 of shar...
The largest pipe manufacturer in Russia - Pipe Metallurgical Company announces the conclusion of a market alliance with Lone Star Steel Company (subsidiary of Lone Stars Technologies). The agreement states that Lone Star Steel will be the exclusive trader of TMK seamless oil coun...
On September 17 the Pipe Metallurgical Company and SMS Demag AG (Germany) have concluded a 45 mln euro worth contract for the delivery of billet continuous casting machine (BCCM) to three enterprises: Taganrog Metallurgical Works (TAGMET), Seversky Tube Works (STW) and Volzhsky P...
Late in April the regular annual meeting of shareholders of CJSC “TMK Pipe Metallurgical Company” with the participation of shareholders owning 100% of the Company’s shares, took place in Moscow. The decisions on matters due for resolving on annual meeting were taken, inclu...