At the Seversky Pipe Plant special meeting Oct. 28 the guarantee contract was approved, the company informed.
The Plant is ready to back the $300mln worth credit contract in favor of Pipe Metallurgic Company till 2020.
Seversky Pipe Plant (TIN 6626002291) is included into TMK. It is a pipe producer. The share capital is equal to 721.9mln rub. split in 48129120 common stocks of 15 rub. par.
The IH 2013 net profit (RAS) reached 49.65mln rub. vs. 1.057bn rub. in profit; revenues being down 6.67% to 15.218bn rub. from 16.305bn rub.; profit from sales 49.73% to 1.022bn rub. from 2.033bn rub.; pretax losses coming to 25.768mln rub. vs. 1.379bn rub. in profit.