Russian United Metallurgical Company OMK has begun the procedure for reorganizing its controlled company JSC Almetyevsk Pipe Plant in the Republic of Tatarstan in Russia in the form of a merger with Vyksa Metallurgical Plant JSC, which is the largest of the production centers of the OMK Steel Spectrum business unit. In this regard, in the 2nd quarter of 2021, ATZ JSC will cease its activities as a legal entity, its production facilities, rights and obligations to customers, partners and employees will be transferred in full to VSW JSC and a branch will be created in Almetyevsk JSC VMZ.
At the end of 2020, OMK transformed its sales strategy and system to best meet market needs. To this end, the company has formed eight industry-specific business units that interact with customers in the area of products and services, and OMK plants have become their production centers. The Vyksa and Almetyevsk plants of OMK are now production centers for the OMK Steel Spectrum business unit, which specializes in working with clients in industry, the construction industry and other areas of the regional markets for tubular products, flat and long rolled metal products. The reorganization of the pipe plant in Tatarstan and the merger of two production sites into one enterprise will increase the efficiency of work, optimize the corporate structure, reduce the volume of document circulation, expand production capabilities,