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AGC Bor Glassworks OAO
Nizhegorodskaya oblast', Bor
Phone: +7 8315928148p:+7 8315928148 BOR, 606440  Russian Federation Ticker: borgborg

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
AGC Bor Glassworks OAO is a Russia-based company principally engaged in the manufacture of sheet glass. The Company produces polished glass, translucent glass, car window glass and others. The Company is also equipping auto glass with installation equipment and various systems. The Company sells its products on the domestic market, as well as on the Commonwealth of Independent States countries (CIS), including such companies as Avtovaz OAO and TZK GAZ, among others. Its customers are automobile producers.

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
6/30/202112/31/2020Yes----

Industries
SIC Code Description
3211 Flat glass
3799 Transportation equipment, not elsewhere classified

Officers and Directors

Title

Name

Age
Title
Date
Start
Date
Chairman of the Board Vladimir D.Shigaev 60
Director (CEO), Director Sergey Y.Knyazev 59 11/25/2011 9/27/1982
Head of Service Centre - Chief Accountant Aleksandr A.Lazarev 44
6 additional Officers and Directors records available in full report.

Business Names
Business Name
AGC Borskiy stekol'nyi zavod OAO (P)
BORG

General Information
Number of Employees: 1,511 (As of 9/30/2014)
Outstanding Shares: 4,410,066 (As of 6/30/2021)
Shareholders: 2,448
Stock Exchange: RTB
Fax Number: +7 8315928124


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Friday, June 24, 2022