TMK and the company SMS MEER (Germany), one of the world’s leading producers of metallurgical equipment, have signed a contract on the delivery of a pipe-rolling plant with continuous mill. The equipment will be installed at the Taganrog Metallurgical Works, affiliated to TMK. Th...
A meeting of the OAO TMK Board of Directors has been held involving the participation of all 10 members of the Board of Directors, including the Chairman of the Board of Directors Dmitry Pumpyansky. The following issues were considered at the meeting: approval of the report by...
At the extra general meeting of shareholders of the enterprise SC ARTROM SA (Slatina, Romania), held on 15 May 2006, the decision was taken to rename the factory as SC TMK-ARTROM SA. State registration of the change in name was performed on 22 May 2006. This decision was taken fo...
Volzhsky Pipe Plant, affiliated to TMK, has been accredited by two large oil-extracting companies in Kuwait: Kuwait National Petroleum Company and Kuwait Oil Company. This means that Volzhsky Pipe Plant has acquired the status of official supplier of pipe products for these...
The “Enterprise Ecological Policy” has been implemented at Sinarsky Pipe Works, Volzhsky Pipe Plant, Seversky Tube Works and Taganrog Metallurgical Works, affiliated to TMK. This document demonstrates the commitment of the largest manufacturers of pipe products to raise the effec...
The Volzhsky Pipe Plant, affiliated to the TMK, has become the first factory in Russia to receive an affirmative decision from the expert council of the TRANSCERT System of Voluntary Certification (SDS) regarding the issue of a certificate of conformance for the serial prod...
TMK has signed a contract with SMS Demag (Germany), one of the world leaders for metallurgical engineering, to supply equipment for electric arc furnace for Seversky Tube Works incorporated in TMK. The productivity of the new furnace will amount to 990,000 tons of steel per year....
At Sinarsky Pipe Works, which is part of TMK, the new upsetting press was formally put into operation, which is intended for tube-finishing operations of oil range pipes. Aleksey Vorobyov, the Chairman of Sverdlovsk Region Government, Dmitriy Pumpyanskiy, the Chairman of TMK’s Bo...
A machine complex of ultrasound defectoscopy made by the company Nordinkraft has been installed at pipe-rolling production unit №1 of the Volzhsky Pipe Plant. The installation of the ultrasound complex is intended to control the quality of pipes of diameter 57-245 mm along their...
TMK and China Petroleum Technology & Development Corporation (CPTDC) have concluded a three-year cooperation agreement. The document provides for mutual collaboration between the parties aimed at ensuring CPTDC requirements for pipe products manufactured by structures under t...
TMK has completed its acquisition of 100% of the registered share capital of the company Sinara Handel GmbH. The purchase was made within the framework of TMK\'s business expansion strategy. Sinara Handel GmbH owns a majority shareholding in two Romanian enterprises: the pipe fac...
Within the framework of the work of the coordinating council of representatives of TMK and MMK, TMK Director General Konstantin Semerikov and MMK Director General Gennady Senichev have reviewed the results of their companies\' cooperation in 2005. The execution of the Agreement o...
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...