United Heavy Machinery
 | |
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]
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 Error: Unable to display the reference properly. See the documentation for details.
- ^ "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.
- Manufacturing companies of Russia
- Engineering companies of Russia
- Nuclear technology companies of Russia
- Manufacturing companies established in 1996
- Companies listed on the Moscow Exchange
- Multinational companies headquartered in Russia
- Conglomerate companies of Russia
- Uralmash-Izhora Group
- Industrial machine manufacturers
- Manufacturing companies based in Moscow