Uralmash

Uralmash
Joint-stock company
Industry Machinery
Founded 1933
Headquarters Yekaterinburg, Russia
Revenue $130 million[1] (2017)
$5.49 million[1] (2017)
-$16.8 million[1] (2017)
Total assets $354 million[1] (2017)
Total equity -$126 million[1] (2017)
Parent OMZ
Website uralmash.ru

Uralmash is a heavy machine production facility of the Russian engineering corporation OMZ.[2] The facility is located in Yekaterinburg, Russia and is reported to employ around 16,500 people.[3] The surrounding residential area where workers live is also called Uralmash.

Uralmash (Russian: Уралмаш) is an abbreviation of Уральский Машиностроительный Завод, Ural’s’kiy Mashinostroitelnyy Zavod, literally ‘Urals Machine-Building Plant’. Historically, the plant was also called Уральский Завод Тяжелого Машиностроения, Ural’s’kiy Zavod Tyazhelogo Mashinostroyeniya, ‘Ural Heavy Machinery Plant’ or УЗТМ, UZTM, and for a time carried the honorary name of Ordzhonikidze Ural Heavy Machinery Plant, after Grigoriy Ordzhonikidze.

History

The Ural Heavy Machine Building Plant began operations in 1933 in compliance with the plans of the Government of the USSR for the industrialization of the country.[4] During the pre-World War II period, Uralmash manufactured its products (blast furnace equipment, sintering machines, rolling mills, presses, cranes, etc.) for the mining and metallurgical industries located in the Urals and Siberia. The majority of these products were produced from individual designs. At the same time the plant began to develop military equipment, with the production of the F.F. Petrov designed Howitzer M-30.

During World War II large-scale production of armoured materiel was organized at the plant. At first the plant manufactured armoured tank hulls, later expanding to production of T-34 tanks and the SU-122, SU-85, and SU-100 gun tank destroyers based on the T-34 tank design. The self-propelled gun mounts built at Uralmash demonstrated their effectiveness on the battlefield as a successful combination of maneuverability of T-34 tanks and huge firepower of ordnance pieces.

After World War II, the state made large investments in the reconstruction and expansion of the Uralmash plant. This modernisation favoured both increased output and the production of new machines and equipment—shovels, drilling rigs, crushers and mills.

In the 1950s the state began efforts to equip the aviation and rocket industries with heavy hydraulic presses. Uralmash, in response to this new demand, created a range of this type of equipment.

Uralmash-manufactured dragline excavator in the Narva oil shale open pit mine in Estonia.

In 1949 the plant produced the first dragline excavator. In 1960s the plant designed and manufactured draglines with booms 90–100 m long. Now more than 200 walking draglines are in operation at mines in Siberia and the Far East. One third of the total coal amount produced by the open casting is mined with the help of draglines.

The drilling rigs manufactured by Uralmash were of prime importance in the development of oil and gas regions of the USSR, including West Siberia with its severe climate. The extra deep drilling rigs designed and manufactured at the plant made it possible to reach the depth of 13 km (at the Kola Superdeep Borehole) and to obtain for the first time rock samples approximately 3 billion years old.[5] In addition to land-based rigs, Uralmash also designs off-shore drilling equipment.[6]

For at least part of the late 1980s and early 1990s, the plant was controlled, at least in part, by the Uralmash gang, a racketeering organization.

In accordance with Russian Federation law, Uralmash was transformed in December 1992 into an open-end joint stock company under the name "The Ural Heavy Machine Building Plant". In 1996 Uralmash it became part of OMZ, one of Russia's largest engineering corporations, founded and initially led by Kakha Bendookidze.

In 2005, Gazprom purchased controlling stake in OMZ and Uralmash.[7]

In February 2007 OMZ and Metalloinvest agreed to create a common manufacturing complex. OMZ contributed its holdings in Uralmash to the joint venture while Metalloinvest contributed its holdings in ORMETO-YuUMZ. The consolidation will result in the creation of a large machine-building conglomerate with a leading position in the CIS metallurgical equipment market with a joint market share in the metallurgical equipment segment in Russia exceeding 40%.

The first director of Uralmash was A. P. Bannikov. Oleg Danchenk served as General Director since 2009.[8] Danchenko and First Deputy and Director-General of Uralmash-Engineering Boris Belman resigned their positions at the company in March 2016.[9] Current General Director of Uralmash is Sokolov Sergey Olegovich.[10]

References

  1. 1 2 3 4 5 http://e-disclosure.ru/portal/files.aspx?id=3679&type=4.
  2. ↑ "Uralmash NGO Holding, LLC - General information about the company". www.oil-gas.ru. Retrieved 2016-04-13.
  3. ↑ o., it2b s. r. "PILSEN STEEL s.r.o. | OMZ Group". www.pilsensteel.cz. Retrieved 2016-04-13.
  4. ↑ "History". www.uralmash.ru. Retrieved 2016-04-13.
  5. ↑ Team, Pechenga.Ru. "Kola Superdeep | Кольская Сверхглубокая | Сайт легендарной СГ-3". superdeep.pechenga.ru. Retrieved 2016-04-13.
  6. ↑ "New rig setting the standard | Our stories | Barentsnova". barentsnova.com. Retrieved 2016-04-13.
  7. ↑ "Gazprom Admits to OMZ Buy | News". The Moscow Times. Retrieved 2016-04-13.
  8. ↑ "Uralmash Machine-Building Corporation: Private Company Information - Businessweek". www.bloomberg.com. Retrieved 2016-04-13.
  9. ↑ "Ural Heavy Engineering Plant's DG Oleg Danchenko Resigns » .:: Informational-analitical agency "UralBusinessConsulting" ::". en.urbc.ru. Retrieved 2016-04-13.
  10. ↑ "Uralmash Machine-Building Corporation: Private Company Information - Businessweek". www.bloomberg.com. Retrieved 2016-04-13.
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