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May 22, 2015 3:16 PM ET

Metals and Mining

Company Overview of United Metallurgical Company, OMK CJSC

Company Overview

United Metallurgical Company, OMK CJSC manufactures steel pipes. The company offers large, small, and medium-diameter pipes; pipeline fittings; steel plates; and railroad wheels. Its pipes are used for the construction of oil and gas pipelines in the Russian Federation, the Baltic, the Nordic, North Europe, and the Eastern Siberia–Pacific. The company serves fuel and energy complex, civil engineering, chemical production, and electronics industries. United Metallurgical Company, OMK CJSC was founded in 1992 and is based in Moscow, Russia.

Ozerkovskaya Nab., 28/2

Moscow,  115184

Russia

Founded in 1992

Phone:

7 495 231 7771

Fax:

7 495 231 7772

Key Executives for United Metallurgical Company, OMK CJSC

President, Director and Chief Executive Officer of OMK-Steel
Age: 60
Director of Economy and Finance
Age: 39
Vice President
Production Manager
Head of Corporate Government Department
Compensation as of Fiscal Year 2014.

United Metallurgical Company, OMK CJSC Key Developments

Rosneft and UMC Sign Partnership Agreement

Rosneft Oil Company and United Metallurgical Company (UMC) entered into a partnership agreement regarding supplies of petroleum products. Under the partnership agreement, the parties will cooperate in the development, testing and introduction and application of lubricants and other petroleum products produced by Rosneft for UMC companies. Rosneft and UMC intend to conduct technical audit to optimize expenses and to boost operational efficiency for both parties. One of the key elements of the arrangements is the intention to create joint import substitution programs.

Rosneft and United Metallurgical Company Signs Partnership Agreement

Rosneft and United Metallurgical Company (OMK) have signed a partnership agreement as far as oil product supplies are concerned. The agreement envisions cooperation in the sphere of development, testing, and implementation of lubricants and other oil products produced by Rosneft and delivered to OMK enterprises. Both companies will also carry out a joint technical audit aimed to cut costs and increase efficiency of operations. The parties also agreed to conduct an analysis of infrastructure for supplying and distributing lubricants and other oil products to develop joint investment programs. The term of the agreement is five years.

NLMK Group and United Metallurgical Company (OMK) Extend Contract to Supply LDP Feedstock by Five Years

The NLMK Group and United Metallurgical Company (OMK) have extended a contract for NLMK to supply steel slabs to produce feedstock for large-diameter pipes at OMK's Vyksa Steel Works (VMZ) until 2019. The initial contract between NLMK and OMK was signed in August 2012; and in November 2013 the companies signed an agreement of long-term cooperation for 2014-2017.

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