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Volgogradgorgaz AO
Volgogradskaya oblast', Volgograd
Phone: +7 8442248900p:+7 8442248900 VOLGOGRAD, 2  Russian Federation Ticker: vgggvggg

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
Volgogradgorgaz AO is a Russia-based company, which is engaged in the gas supply with consumers. The Company’s activities are divided into two directions: Operation of gas distribution systems and gas consumption, which is engaged in the maintenance and repair of gas networks, gas installations, boilers, municipal enterprises and residential houses with signed contracts, among others, as well as Designing, construction and installation works on gasification, preparation and skills development of specialists of gas enterprises. In addition, it provides services such as maintenance, repair, diagnostics of gas pipelines and gas equipment. The Company operates on the territory of the Russian Federation.
(Source: 10-K405)

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

Financials, News and Filings
Latest
Statement
Last
Audit

News
SEC
Filings
Bankruptcy
Filings
Suit &
Judgment
Filings
Tax
Lien
Filings
12/31/202112/31/2021Yes----

Officers and Directors

Title

Name

Age
Title
Date
Start
Date
General Director (CEO) Aleksandr N.Sidorov 4/7/2017 4/7/2017
Acting Chief Accountant I. V.Blinova
Director Natalia V.Belyaeva 44 6/16/2016 6/16/2016
4 additional Officers and Directors records available in full report.

General Information
Outstanding Shares: 29,700 (As of 12/31/2022)
Stock Exchange: RTB
Fax Number: +7 8442248903


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Sunday, May 26, 2024