Service Companies & Manufactures

TMK: Announces 9M 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 nine months ended September 30, 2020. 9M 2020 Highlights  Financial 9M Revenue down 32% year-on-year at RUB 163.1 billion, reflecting the disposal of …

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Service Companies & Manufactures

TMK: Automates Business Tasks with RPA Solutions

TMK is implementing robotic process automation (RPA) in its business processes to handle market research, HR and administration. A pilot RPA project run at TMK’s Marketing Directorate has sped up execution fivefold in some areas. An RPA marketing solution was developed together with MMK-Informservice’s RPA and Innovation Center of Excellence (part of MMK Group). …

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Service Companies & Manufactures

TMK: Premium Pipes First Run Into a Well at the Sakhalin-1 Project

A casing string made up of premium threaded connection pipes manufactured by TMK was successfully lowered into a well from the Berkut offshore ice resistant stationary platform at the Sakhalin-1 project’s Arkutun-Dagi field. The 168.28 mm pipes were manufactured at the Orsky Machine Building Plant, owned by TMK, using an integrated 3-tier quality …

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Service Companies & Manufactures

TMK: Announces 3Q 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 third quarter and first nine months of 2020. The Group’s results include the operational results of the Russian and European divisions represented by production assets located in …

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Service Companies & Manufactures

TMK: Completion of Share Buyback Program of Ordinary Shares

PAO “TMK”, one of the world’s leading producers of tubular products for the oil and gas industry, announces the completion of share buyback program of TMK ordinary shares that has been approved by the Board of Directors on 11 September 2020 (the “Program”). The Program was performed by “Volzhsky Pipe Plant”, Joint stock company (“VTZ”) …

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Service Companies & Manufactures

TMK Improves Its Information and Cyber Security Systems

TMK has implemented a system for collecting, storing and analyzing security events. The system is powered by a MaxPatrol SIEM software solution from Positive Technologies, a global provider of innovative security solutions and a leader in responding to advanced cyber threats. TMK’s partner for the project was Jet Infosystems, a …

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Service Companies & Manufactures

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 …

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Service Companies & Manufactures

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 …

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Service Companies & Manufactures

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 …

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Service Companies & Manufactures

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, …

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