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…
