United Heavy Machinery
| File:OMZ Logo.svg | |
Native name | Объединенные машиностроительные заводы |
|---|---|
| Company type | Open Joint Stock Company |
| MCX: OMZZP | |
| Industry | Engineering |
| Headquarters | |
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| Owner | Gazprombank Asset Management (98.6%)[1] |
| 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.[2]
As a Russian open joint-stock company, shares in OMZ may be publicly traded subject to terms of constitutive documents and merger agreements.
History
[edit | edit source]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.[3]
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."[4]
Operation
[edit | edit source]PJSC EMZ is engaged in industrial technology development, invests in technological assets with growth potential in strategic industries.
- Financial indicators
The 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.
Management
[edit | edit source]The company is controlled by Gazprombank. The general director of the company is Roman Sergeevich Kuvshinov.
See also
[edit | edit source]References
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External links
[edit | edit source]- OMZ company website Archived 9 July 2018 at the Wayback Machine
- Skoda JS Archived 24 June 2013 at the Wayback Machine
- Uralmash Machine-Building Joint Venture
- 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