TMK announces the appointment of Sergey Chetverikov, previously Managing Director of Sinarsky Pipe Plant, to the position of Managing Director of Volzhsky Pipe Plant. Alexander Lyalkov, who concurrently held the positions of Managing Director of Volzhsky Pipe Plant and Senior Vice-President of TMK, will continue his career as Senior Vice-President with TMK Management Company.
Vyacheslav Popkov, previously CFO at Sinarsky Pipe Plant, was appointed as its Managing Director.
TMK (LSE: TMKS) is a leading global manufacturer and supplier of steel pipes for the oil and gas industry, operating about 30 production sites in the United States, Russia, Canada, Romania, Oman, UAE, and Kazakhstan and two R&D centres in Russia and the USA. In 2012, TMK’s pipe shipments totaled 4.22 million tonnes. The largest share of TMK’s sales belongs to high margin oil country tubular goods (OCTG), shipped to customers in over 80 countries. TMK delivers its products along with an extensive package of services in heat treating, protective coating, premium connections threading, warehousing and pipe repairing.
TMK’s securities are listed on the London Stock Exchange, the OTCQX International Premier trading platform in the U.S. and on Russia’s major stock exchange – MICEX-RTS.