TMK's RAS loss excluding income from participation in other organizations for 9 months of 2023 amounted to ₽8.616 billion, up 6.5 times from ₽1.32 billion in the same period of 2021. Revenue increased 70% to ₽359.04 billion vs. ₽211.26 billion.

TMK plans to start supplying complexes for laser-hybrid welding of pipe butt seams next year, said Sergey Chikalov, General Director of TMK. Combination of factory welding of longitudinal seams and annular butt welding using laser technology makes it possible to guarantee the same joint properties.

TMK completed its SPO on Moscow Exchange. Company sold 18 mln ordinary shares, representing 1.74% of the authorized capital. Offering price amounted to ₽220.68 per share, which corresponds to a level above the middle of the initially announced price range. Amounts raised totaled ₽3.97 billion. During the SPO, the company attracted more than 22,000 new invest...

TMK has sold its scrap division TMK Meta LLC, according to the data of the Unified State Register of Legal Entities. Asset was acquired by the pipe company as part of the acquisition of ChTPZ Group in 2021. In 2022, TMK Meta LLC had revenue of ₽47.6 billion and net profit of ₽364 million. Alexey Zolotarev's Chermet Service LLC became the new owner of the com...