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Uralredmet AO
ul. Petrova, 59
Phone: +7 3433110700p:+7 3433110700 VERKHNIY PYSHMA, 624092  Russian Federation Ticker: urrmurrm

On March 4, 2022, CreditRiskMonitor.com, Inc. suppressed the FRISK® score of all publicly listed Russian and Ukrainian-based companies trading domestically due to the closure of their respective stock markets. The halt of trading in a counterparty’s securities is never a positive signal for creditors or suppliers, but especially in situations where the prices of those securities were above book value before the halt. The loss of liquidity optionality from equity markets inherently increases the bankruptcy risks for any business and dealing with businesses who have lost this financing option should be strongly scrutinized. Stock Market data is one of the essential components used in the daily calculation of the FRISK®. The omission of this data can reduce the score's effectiveness in predicting bankruptcy risk for companies trading within these markets. In addition, any analysis based on previously reported financials should be used with caution in this environment. We are continuing to monitor the Russia-Ukraine conflict and plan to reevaluate the appropriateness of the FRISK® when the affected exchanges have reopened and trading in securities resumes.

Business Summary
Uralredmet OAO (Uralredmet OJSC) is a Russia-based company principally engaged in the production of non-ferrous metals. The Company specializes in the manufacture of an alloy of two or more components, such as ligatures based on rare earth metal, as well as vanadium metals, among others. Uralredmet OAO supplies its products to customers in the nuclear, electronic and aviation industries, as well as to a number of academic and industrial scientific institutes. The Company operates mainly domestically, as well as exports products abroad. Uralredmet OAO operates through one wholly owned subsidiary, POZ-Progress OOO. As of June 30, 2014, the Company’s major shareholder was Korporatsiya VSMPO-AVISMA OAO.

Scores and Ratings
FRISK®
Score
Z''
Score
PAYCE®
Score
DBT
Index
Moody's
Rating
Fitch
Rating
DBRS
Rating
-Yes-----

Financials, News and Filings
Latest
Statement
Last
Audit

News
SEC
Filings
Bankruptcy
Filings
Suit &
Judgment
Filings
Tax
Lien
Filings
12/31/202312/31/2023Yes----

Officers and Directors

Title

Name

Age
Title
Date
Start
Date
Chairman of the Board Dzhugendra S.Ragkhav 60
Director, General Director (CEO), Chairman of the Management Board Andrey V.Zelyanskiy 59 1/1/2011
Director, Member of the Management Board, Finance Director Sergey M.Kopytov 57 6/24/2019 6/24/2019
6 additional Officers and Directors records available in full report.

Business Names
Business Name
Uralredmet OAO (P)
URRM

General Information
Number of Employees: 601 (As of 9/30/2013)
Outstanding Shares: 950,344 (As of 12/31/2023)
Shareholders: 505
Stock Exchange: RTB
Fax Number: +7 3433114100


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Thursday, April 18, 2024