TMK announces delisting of its GDRs from LSE
PAO TMK, one of the world’s leading producers of tubular products for the oil and gas industry, announces that, further to previous announcements and following the application to the Financial Conduct Authority and the London Stock Exchange, the listing and admission to trading on the LSE of its Regulation S …
TMK Announces Application to Delist its GDRs from LSE and Intention to Terminate its Depositary Receipts programmes
PAO “TMK”, one of the world’s leading producers of tubular products for the oil and gas industry, announces that it has applied to the London Stock Exchange for the cancellation of the listing and admission to trading of its Regulation S and Rule 144A Global Depositary Receipts (CUSIP: 87260R201 and …
TMK Digitizes its System for Operational Management of Production
TMK has completed diagnostics of its Russian division’s facilities in preparation for a project to automate its operational management system, including its production planning and manufacturing execution system (MES). An integrated solution will be designed and rolled out based on the PSImetals product by German metallurgy software developer PSI under a …
TMK Announces 2Q 2020 Operational Results
TMK, one of the world’s leading producers of tubular products for the oil and gas industry (the “Group’), announces its operational results for the second quarter and first half of 2020. The Group’s results include the operational results of the Russian and European divisions represented by production assets located in Russia, …
TMK Announces 1Q 2020 IFRS Results
PAO TMK, one of the world’s leading producers of tubular products for the oil and gas industry, today announces its interim consolidated IFRS financial results for the three months ended March 31, 2020. The Group management decided to use the Russian rouble instead of the US dollar as the presentation …
TMK’s Board of Directors Recommends the Voluntary Tender Offer by its Subsidiary for TMK Ordinary Shares Received on 18 May 2020
PAO “TMK”, one of the world’s leading producers of tubular products for the oil and gas industry, announces that the Board of Directors of TMK has recommended today that its shareholders accept the voluntary tender offer made by “Volzhsky Pipe Plant”, Joint stock company (“ VTZ ”), a wholly-owned subsidiary of …
TMK: Update on the Timing of the Voluntary Tender Offer by VTZ to Acquire Ordinary Shares of the Company
PAO TMK, one of the world’s leading producers of tubular products for the oil and gas industry, further to its announcement on 8 April 2020 announces that the Central Bank of Russia (the “CBR”) has issued an order to amend the voluntary tender offer of “Volzhsky Pipe Plant”, Joint stock …
TMK Announces 1Q 2020 Operational Results
TMK, one of the world’s leading producers of tubular products for the oil and gas industry (the “Group’), announces its operational results for the first quarter of 2020. The Group’s results include the operational results of the Russian and European divisions represented by production assets located in Russia, Romania and Kazakhstan. …
TMK’S Board of Directors Approves a Tender Offer by its Subsidiary for its Ordinary Shares and Delisting of its GDRs
PAO TMK, one of the world’s leading producers of tubular products for the oil and gas industry, announces that the Board of Directors of TMK, at its meeting on 8 April 2020, has approved a programme to purchase ordinary shares of the Company. In addition, the Board of Directors of …
TMK Announces 4Q and FY 2019 IFRS Results
PAO TMK, one of the world’s leading producers of tubular products for the oil and gas industry, today announces its audited consolidated IFRS financial results for the year ended December 31, 2019. FY 2019 Highlights Financial § FY Revenue down 7% y-o-y at $4,767m. Russian division’s FY Revenue up 6% …