27.06.2008
Finances
OAO «TMK» Annual General Meeting of Shareholders
OAO «TMK» (TMK) announces that the Annual General Meeting of Shareholders of the Company was held in Moscow on June 27, 2008.
OAO «TMK» (TMK) announces that the Annual General Meeting of Shareholders of the Company was held in Moscow on June 27, 2008.
OAO TMK (TMK), one of the world’s top three oil and gas pipe producers, today announces that it acquired 100% share capital in Uralsk, Kazakhstan-based TOO ‘’Kaztrubprom’’.
TMK, one of the world’s largest oil and gas pipe producers, today announces that it completed the acquisition of the US companies and assets of IPSCO Tubular’s business from SSAB Svenkst Stal AB under a back-to-back transaction with Evraz S.A. (Evraz).
TMK, one of the world’s largest steel pipe manufacturers, today announces that it was awarded a large-diameter pipe supply contract for the Malay-Bagtiyarlik pipeline in Turkmenistan.
TMK, one of the world’s largest oil and gas pipe producers, today announces the signing of a syndicated bridge facility agreement of up to USD 1.2 billion to finance the acquisition of the US tubular companies and assets of IPSCO.
Within the framework of the development of long-term cooperation, TMK announces that it has signed a cooperation agreement with Turkmenneft State Concern. The Chairman of the Board of Directors of OAO “TMK”, Dmitriy Pumpyanskiy, and the Chairman of Turkmenneft State Concern, Gariyakdy Tashliev, signed the cooperation agreement in Ashgabat, Turkmenistan.
TMK, one of the world’s largest oil and gas pipe producers, today announces recommended dividends amount.
TMK announces 2007 IFRS consolidated results
OAO TMK (TMK) announces that it began shipments of 813mm X60 large- diameter pipes with 9.5 mm wall thickness, according to API 5L, for use in the construction of the Kenkiyak-Kumkol pipeline in Kazakhstan.
The construction of a new anticorrosion external coating line for large-diameter pipes began at TMK’s Volzhsky subsidiary.
OAO TMK (“TMK” or “the Company”), one of the world’s largest pipe producers, today announces its production results for the 1st quarter of 2008. TMK shipped 707 thousand tonnes of pipes, which is 8% less than in the 1st quarter of 2007. Despite an 8.5% decrease in demand for pipes at the Russian market in the Q1 of 2008, the Company managed to increase its Russian market share to 25.7% up from 24.8% in Q1, 2007.
OAO TMK (TMK) announces today that it successfully completed the implementation of an SAP ERP based corporate information system at its Russian mills and proceeded to its industrial use.
OAO “TMK” (TMK) today announces that the installation of a new large-diameter longitudinal welded pipe mill is underway at its Volzhsky subsidiary.
OAO TMK (TMK) announced today it has sent its first shipment of casing with TMK premium connections to OAO NK Rosneft (Rosneft). These high-performance TMK tubular products will be used in Rosneft’s Vankorskoye oil and gas field.
TMK announces that a credit agreement was signed between Seversky Tube Works (STW) and the Société Générale Group. The credit agreement of EUR 88.7 million will partially finance STW’s acquisition of a Fine Quality Mill (FQM).
TMK announces that it began shipments of 1420 mm large-diameter electric welded pipes with 21.6 mm wall thickness for use in the Nord Stream onshore section and designed for high-pressure applications of up to 9.8 MPa (100ATM).
OAO TMK and its affiliates (“TMK”) today announced that they have entered into a definitive agreement with Evraz Group S.A. (“Evraz”), whereas TMK will acquire from Evraz the US companies and assets of IPSCO Tubular’s business (the “Business”) in conjunction with Evraz’s acquisition of the Business from SSAB.
OAO TMK (“TMK” or “the Company”), one of the world’s largest oil and gas pipe producers, and the market leader of the Russian pipe industry, today provides the following trading update in advance of the publication of its preliminary results for the year ended 31st December 2007, which will be announced in May 2008.
OAO TMK (TMK), one of the world’s top three oil and gas pipe producers, today announces the launch of TMK Oilfield Services. This new independently managed TMK division is comprised of OAO “Orsky Machine Building Plant”, the OOO “Truboplast” pipe coating company, ZAO “TMK Pipe Maintenance Department” and OOO “TMK Central Pipe Yard”.
OAO “TMK” (TMK) announces significant improvements in the financial and operating performance of its Romanian subsidiaries for the year 2007. TMK-Artrom revenues jumped 79% up to USD 214.3 million and EBITDA rose by 20% to reach USD 25.8 million compared to 2006 results. Revenues at TMK-Resita increased by 43% to reach USD 205.6 million and EBITDA grew to USD 21 million, a 79% jump on 2006 results.
OAO “TMK” (TMK) plans to double its production of premium threaded tubing, casing and drill pipes to 24,000 tonnes in 2008. TMK Premium Service, a division of OAO TMK, focuses on strengthening the Company’s position in both domestic and international markets in this high-tech segment. From 5,500 tonnes of premium connections in 2003, production grew to 12,000 tonnes in 2007 and current orders to TMK Premium Service are already exceeding 24,000 tonnes in 2008. TMK Premium Service won the tender covering deliveries of casing pipes to Rosneft and concluded a supply contract with Gazprom to provide the gas company with high performance pipes.
OAO TMK (TMK), one of the world’s largest oil and gas pipe producers, and the market leader of the Russian pipe industry, today announces its production results for 2007.
TMK, one of the world’s largest oil and gas pipe producers and the market leader of the Russian pipe industry, today announces that its shareholders duly approved all the resolutions proposed at the Extraordinary General Meeting of Shareholders (EGM), which took place on December 25th 2007, in the form of a postal vote.
TMK announces today that new LD smooth internal pipe coating equipment is undergoing testing at its Volzhsky Pipe Plant (VTZ) subsidiary.
ТNK-ВР and TMK today announced that they had signed a new agreement on global cooperation.