TMK Sees 2012 Sales Exceeding $7 Billion, May Consider Purchases
Stock Chart for TMK OAO (TRMKG)
TMK may look at buying small- and medium-sized assets, deals which won’t increase its debt burden, the company’s press office said, citing remarks made by Deputy Chief Executive Officer Vladimir Shmatovich today on a conference call.
TMK’s 2011 sales rose 21 percent to $6.75 billion, it said March 16.
To contact the reporter on this story: Ilya Khrennikov in Moscow at email@example.com
To contact the editor responsible for this story: John Viljoen at firstname.lastname@example.org
Bloomberg reserves the right to edit or remove comments but is under no obligation to do so, or to explain individual moderation decisions.