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Last $72.00 USD
Change Today 0.00 / 0.00%
Volume 0.0
As of 11:45 AM 03/13/15 All times are local (Market data is delayed by at least 15 minutes).

izhorskie works (IZHZ) Snapshot

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izhorskie works (IZHZ) Details

OAO Izhorskiye Zavody designs, manufactures, sells, and services equipment for nuclear energy, oil and gas, and mining industries. It offers reactor equipment for nuclear power plants with pressurized water power reactors; oil and gas equipment, including pressure vessels for oil refinery, petrochemical, chemical, and gas processing, as well as other industries; semi-finished metallurgical products made of home-produced steel for various industrial sectors; and welding consumables. The company also provides erection, commissioning, repair, revamping, and maintenance services for nuclear and petrochemical projects. It serves customers in the Russian Federation, Ukraine, Bulgaria, Slovakia, Finland, China, and internationally. The company was founded in 1722 and is based in Saint Petersburg, Russian Federation. OAO Izhorskiye Zavody operates as a subsidiary of Open Joint Stock Company OMZ.

Founded in 1722

izhorskie works (IZHZ) Top Compensated Officers

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Deputy Director General of Production
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Deputy Director General of Procurement and Lo...
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Deputy Director General of Quality
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Compensation as of Fiscal Year 2015.

izhorskie works (IZHZ) Key Developments

OAO Izhorskiye Zavody, Board Meeting, Jun 03, 2015

OAO Izhorskiye Zavody, Board Meeting, Jun 03, 2015. Agenda: To consider preliminary approval of instruction to forwarder # 5 to freight forwarding agreement as of July 17, 2013 with ZAO Infotek Baltika; to consider approval of additional agreement to property leasing agreement as of July 26, 2013 with OOO ZHTEK (tenant); to consider appointment of secretary of an AGM; and to consider approval of KPI target value of General Director for 2015.

Izhora Works Deliveres the Reactor and a Set of Four Steam Generator Shells for the No. 3 Generating Unit of TNPP

The launch of the second phase of the Tianwan Nuclear Power Plant (TNPP) is scheduled for 2020. OMZ's Izhora Works delivered the reactor and a set of four steam generator shells for the No. 3 generating unit of TNPP in 2014. The company plans to deliver the equipment for the fourth generating unit of TNPP in the near future. Izhora Works also supplied equipment for the first phase of TNPP, a project that was completed in 2007. Russia has already put the first phase of TNPP (first and second units) into operation. Construction of the third generating unit was begun at the end of 2012 and construction of the fourth began in 2013. These two units were initially expected to be launched in 2018. The possibility of building another four units is also being discussed. Russia's Atomstroyexport (ASE) and Jiangsu Nuclear Power Corporation signed the general contract for the construction of the second phase of TNPP in 2010 and it went into effect in the fall of 2011. Under the contract, ASE is building the third and fourth units according to the same design as the first phase: two Russian-designed generating units powered by VVER-1000 reactors with capacity of 1,060 MW each. Rosatom is holding negotiations with China on the construction of a seventh and eighth unit at TNPP.

OAO Izhorskiye Zavody, Board Meeting, Nov 17, 2014

OAO Izhorskiye Zavody, Board Meeting, Nov 17, 2014. Agenda: To consider the determination of the voting position of the company concerning raising the charter capital of OOO Izhora Business Park through additional property contribution; to consider the preliminary approval of a deal - property leasing agreement; to consider the early termination of powers of a member of the management board; and to consider the appointment of a member of the management board.


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