United Heavy MachineryorUralmash-Izhora Group,(Russian:Объединенные машиностроительные заводы,romanized:Objedinennye Mashinostroitelnye Zavody,OMZ) is a large Russia-based internationalheavy industryand 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 ofreactor pressure vesselsfor theVVERtype of nuclear reactors and the manufacturer of EKG open-cut mining power shovels.[3]
 | |
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 | GazprombankAsset Management (98.6%)[2] |
| Website | www |
As a Russianopen 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 ofUral Machine-Building Plantswith ZSMK.Izhora Plantsmerged 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 ofŠkoda Works.In 2008 CHETENG Engineering also joined. OMZ is a 50% owner of the Uralmash Machine-Building Corporation formed in a 2007 agreement withMetalloinvest.[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
editPJSC EMZ is engaged in industrial technology development, invests in technological assets with growth potential in strategic industries.
Financial indicators
editThe 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
editThe company is controlled byGazprombank JSC.The general director of the company is Roman Sergeevich Kuvshinov.
See also
editExternal links
edit- OMZ company websiteArchived9 July 2018 at theWayback Machine
- Financial information
- Skoda JSArchived24 June 2013 at theWayback Machine
- Pilsen Steel
- CHETENG s.r.o
- Uralmash Machine-Building Joint Venture
References
edit- ^abcdehttp:// e-disclosure.ru/portal/FileLoad.ashx?Fileid=1328238.
{{cite web}}:Missing or empty|title=(help) - ^"Список аффилированных лиц".e-disclosure.ru.Retrieved26 August2017.
- ^"OMZ Profile 10 March 2010".Archived fromthe originalon 1 August 2019.Retrieved10 March2010.
- ^"OMZ History 10 March 2010".Archived fromthe originalon 6 October 2012.Retrieved10 March2010.
- ^"UPDATE: MICEX exchange to delist OMZ shares from August 8".1Prime.Retrieved2 September2017.