print version 

Find company
Home About the ProjectContact usFor the Clients
Enter code or ISIN
 
alpha / industry search

Issuers' Corner
Press Releases
Annual Reports Library

Financial Statements
SEC & FFMS Filings
Corporate Presentations
GM Materials
Issues Documents
Corporate Governance Materials
Russian Company Guide
Company Profiles
Corporate Calendar
Markets Corner
Consensus Estimates
Media Corner
News Line


Get updates



Home  Issuers' Corner  Press Releases  MMK REGISTER LOG IN

Press Releases > MMK  all about the company

company search
all press releases
all MMK press releases

MMK

April 24, 2008

One year ago MMK went IPO to further list its GDRs on LSE

MMK managed to raise 1 bln USD through IPO to realize its investment projects. The offering allowed to obtain market valuation of MMK as well as to establish the company as a public company in the international market.

Commenting on the results of the IPO one year ago, MK Chairman Victor Rashnikov noted: "MMK IPO is a landmark of a new chapter in the company’s history. MMK holds a strong position in the Russian and international markets, and we intend to further develop our company".

         The year after IPO became a year of quality growth for MMK. The company saw record production level for its 75 years history. It undertook large-scale projects to modernize and build new production facilities, both at MMK and outside the site. MMK made serious moves to secure raw-material sufficiency. Corporate governance also underwent serious changes, including increased presence of independent directors at MMK Board. MMK shares were included into calculation base for MICEX and MSCI Russia indices.

Positive dynamics, improving key performance indicators and ambitious plans serve as basis for further growth of the company.

 

 

 

Search by industry

Agriculture, Foresty and Fishing | Chemicals | Engineering | Ferrous Metals | Financial, Insurance & Real Estate | Food & Kindred Products | General Construction | Information Technology | Media & Publishing | Non-Ferrous Metals | Oil & Gas | Pharmaceuticals | Power Industry | Precious Metals and Diamonds | Telecommunications | Transportation | Wholesale & Retail Trade

Search by alpha index

A B C D F G H I K L M N O P R S T U V W X Z


Site Map
© RUSTOCKS.com
Privacy Statement | Disclaimer