OAO TMK
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Native name
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OAO Трубная Металлургическая Компания |
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| Public | |
| Traded as | : MCX: TRMK OTCQX: |
| Industry | Steel industry |
| Founded | 2001 |
| Headquarters | Moscow, Russia |
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Key people
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Dmitry Pumpyanskiy (Chairman) Alexander Shiryaev (CEO) |
| Products | Steel pipes |
| Revenue | US$4.127 billion (2015 year, IFRS) |
| US$443 million (2015 year, IFRS) | |
| US$368 million (2015 year, IFRS) | |
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Number of employees
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45,000 |
| Website | tmk-group |
"TMK" (Russian: OAO Трубная Металлургическая Компания Truvnaya Metallurgiyeskaya Kompaniya; English: Pipe Metallurgical Co., OJSC) (: and MCX: TRMK) is a leading global manufacturer and supplier of steel pipes for the oil and gas industry, operating 28 production sites in the United States, Russia, Canada, Romania, Oman, UAE, and Kazakhstan and two R&D centers in Russia and the United States. Headquarters – Moscow (Russia), Houston (USA).
TMK was established in 2001.
In 2002 TMK incorporated Volzhsky Pipe Plant, Seversky Pipe Plant and Sinarsky Pipe Plant. A Trade House TMK representative office was opened in Baku (Azerbaijan).
In 2003 a new TMK subsidiary, TMK-Kazakhstan, was established.
In 2004 TMK incorporated Taganrog Metallurgical Works.
In 2005 TMK established and incorporated TMK Global, a representative office was opened in Beijing (China). CJSC TMK was reorganized into an Open Joint Stock Company.
In 2006 ТМК made IPO of its GDRs on the . TMK incorporated the Romanian mills TMK-Artrom and TMK-Resita, and the Russian Orsky Machine Building Plant. The TMK Middle East trading subsidiary was created the same year.
In 2007 TMK acquired oilfield service companies including Truboplast, TMK NGS-Nizhnevartovsk, and TMK NGS-Buzuluk, as well as the Russian Research Institute for the Tube and Pipe Industries (RosNITI), Russia's largest pipe industry research institute. TMK-CPW, a joint venture between TMK and Corinth Pipeworks, and ТМК-Premium Service were established. TMK’s shares began trading on the MICEX Stock Exchange. Additionally, ТМК opened representative offices in Turkmenistan and Singapore.
2008 was marked by the acquisition of US pipe assets and the creation of the American division - TMK IPSCO. The Company also established TMK Oilfield Services and acquired TMK-Kaztrubprom (Kazakhstan).
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Wikipedia