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United Heavy Machinery
From Wikipedia - Reading time: 3 min
 | |
Native name | Объединенные машиностроительные заводы |
|---|---|
| Company type | Open Joint Stock Company |
| MCX: OMZZP | |
| Industry | Engineering |
| Headquarters | |
| Revenue | $56 million[1] (2016) |
| −$5.8 million[1] (2016) | |
| −$34.2 million[1] (2016) | |
| Total assets | $1.08 billion[1] (2016) |
| Total equity | $281 million[1] (2016) |
| Owner | Gazprombank Asset Management (98.6%)[2] |
| Website | www |
United Heavy Machinery or Uralmash-Izhora Group, (Russian: Объединенные машиностроительные заводы, romanized: Objedinennye Mashinostroitelnye Zavody, OMZ) is a large Russia-based international heavy industry and manufacturing conglomerate. OMZ manufactures a wide range of steel, custom and industrial components for nuclear power plants, petrochemical and mining operations and utilities. In particular OMZ is a manufacturer of reactor pressure vessels for the VVER type of nuclear reactors and the manufacturer of EKG open-cut mining power shovels.[3]
As a Russian open joint-stock company, shares in OMZ may be publicly traded subject to terms of constitutive documents and merger agreements.
OMZ was formed in 1996 in the incorporation of Ural Machine-Building Plants with ZSMK. Izhora Plants merged with OMZ in 1999 and the company was renamed OMZ (Uralmash-Izhora Group). In 2003 the company combined with Pilsen Steel and Škoda JS, the former steel and nuclear subsidiaries of Škoda Works. In 2008 CHETENG Engineering also joined. OMZ is a 50% owner of the Uralmash Machine-Building Corporation formed in a 2007 agreement with Metalloinvest.[4]
The company's shares were delisted from the Moscow and London stock exchanges in 2014 "due to the economic inexpedience of supporting the insignificant free-float of less than 0.33% of the capital."[5]
Operation
[edit]PJSC EMZ is engaged in industrial technology development, invests in technological assets with growth potential in strategic industries.
Financial indicators
[edit]The company's revenue under IFRS in 2023 amounted to 26,007,318 thousand rubles, net profit was received in the amount of 3,462,836 thousand rubles.
Owners and management
[edit]The company is controlled by Gazprombank JSC. The general director of the company is Roman Sergeevich Kuvshinov.
See also
[edit]External links
[edit]- OMZ company website
- Financial information
- Skoda JS
- Pilsen Steel
- CHETENG s.r.o
- Uralmash Machine-Building Joint Venture
References
[edit]- ^ a b c d e http://www.e-disclosure.ru/portal/FileLoad.ashx?Fileid=1328238.
{{cite web}}: Missing or empty|title=(help) - ^ "Список аффилированных лиц". e-disclosure.ru. Retrieved 26 August 2017.
- ^ OMZ Profile 10 March 2010
- ^ OMZ History 10 March 2010
- ^ "UPDATE: MICEX exchange to delist OMZ shares from August 8". 1Prime. Retrieved 2 September 2017.
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