A new machine to control the inner diameter of the casing pipes has been commissioned at the Seversk Pipe Works. The machine has been developed and produced by the company laboratory specialists. This is the third such machine at the pipe shop No. 1. They control the quality of all casing pipes produced at the…
Seversky Pipe Works is assembling the main machinery within a project to construct a new site of pipe heat treatment. The site No. 3 will be commissioned until the end of the year. The new site will allow STZ to master new types of products. The site capacity will be 300 thousand tons. The machinery…
In 2018 Seversky Pipe Works decreased net profit 5-fold, to 49.6 million rubles. Revenue grew from 40.4 to 51 billion rubles, with sales profit up from 1.4 billion rubles to 3.68 billion. The volume of fixed liabilities increased from 13.8 to 17.1 billion rubles. (Ukrainian metal)
Alfa-Bank has provided financing of 2.5 billion rubles to Seversky Pipe Works, a part of TMK. The funds have been issued for 4.5 years. “Alfa-Bank is supporting the long-term partner relations with TMK. Strong capital positions, flexibility, speed and the industry expertise allow the bank to successfully compete with state banks for the largest borrowers…
Alfa-Bank has provided 6 billion rubles to Seversky Pipe Works, a part of TMK. The loan has been given for 3 years. “We are grateful to the Alfa-Bank team for the speed of making the deal – in just one week. The deal will allow TMK to optimize its loan portfolio”, TMK deputy director on…
In Q3 Seversk Pipe Works received 100.6 million rubles of net profit, as opposed to net loss of 42 million rubles in Q2 2017 and 396 million rubles in Q3 2016. In January-September the losses totaled 35.9 million rubles as opposed to net profit of 840 million rubles in January-September 2017. Sales in Q3 reached…
The pipe-rolling shop No. 1 of the Seversk Pipe Works has completed another stage of the flow line No. 5 modernization The project was carried out without stopping the manufacturing process. The new SMS Group presses assembled in the ship will be tested in December 2017 – January 2018. “The project of flow line No.…
The Federal Antimonopoly Service has satisfied the claim of Seversk Pipe Works to buy 100% of Uralchermet shares. According to the service report, the deal will not limit the competitiveness. The charter capital of Uralchermet is 10 million rubles. In 2016 the company received 859.5 million rubles of revenue, with net profits at 27.9 million…