OMZ

For other uses, see OMZ (disambiguation).
OMZ Corporation
Open Joint Stock Company
Traded as MCX: OMZZ
Industry Engineering
Headquarters Moscow
Website www.omz.ru

OMZ or Uralmash-Izhora Group, (Russian: Объединенные машиностроительные заводы (ОМЗ): Objedinennye Mashinostroitelnye Zavody (OMZ), literal translation: United Heavy Machinery Plants) is a large Russia-based international heavy industry and manufacturing conglomerate. OMZ manufactures a wide range of steel, custom and industrial components for nuclear power plants, petrochemical and mining operations and utilities. In particular OMZ is a manufacturer of reactor pressure vessels for the VVER type of nuclear reactors and the manufacturer of EKG open-cut mining power shovels.[1]

As a Russian open joint stock company, shares in OMZ may be publicly traded subject to terms of constitutive documents and merger agreements.

OMZ was formed in 1996 in an incorporation of Ural Machine-Building Plants with ZSMK. Izhora Plants merged with OMZ in 1999 and the company was renamed OMZ (Uralmash-Izhora Group). In 2003 the company combined with Pilsen Steel and Skoda JS, the former steel and nuclear subsidiaries of Skoda Works. In 2008 CHETENG Engineering also joined. OMZ is a 50% owner of the Uralmash Machine-Building Corporation formed in a 2007 agreement with Metalloinvest.[2]

See also

References

  1. ↑ OMZ Profile 10 March 2010
  2. ↑ OMZ History 10 March 2010
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