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Kovrovskiy mekhanicheskiy zavod PAO
Ul. Sotsialisticheskaya D. 26
Phone: +7 4923294201p:+7 4923294201 KOVROV, 601900  Russian Federation Ticker: KMEZKMEZ
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
Kovrovskiy Mekhanicheskiy Zavod PAO is a Russia-based company engaged in the manufacture of machinery and equipment for the nuclear power industry, as well as commercial production. The Company's product portfolio comprises such pipeline accessories as gas centrifuges, pipelines, stainless steel locking ball valves, disc flow-regulating valves, and hand-operated rotary disc bolts made of stainless steel, among others. Its main customers are companies engaged in the chemical, food, pharmaceutical, mining, metallurgical, and thermal power sectors, including Ural'skiy elektrokhimicheskiy kombinat. The Company operates as a part of TVEL AO.
(Source: 10-K405)

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
6/30/202312/31/2021Yes----

Industries
SIC Code Description
3569 General industrial machinery and equipment, not elsewhere classified

Officers and Directors

Title
Name
Age		 Title
Date		 Start
Date
Chairman of the Board Andrey V.Pirog 57 7/20/2017 5/19/2017
General Director (CEO) Anatoly V.Gavrikov 10/1/2019 10/1/2019
Chief Accountant Olga A.Subbotina 50 1/1/2018 1/1/2018
10 additional Officers and Directors records available in full report.

Business Names
Business Name
ELEMASH MAGNIT OOO
KMEZ
Kovorovskiy mekhanicheskiy zavod OAO (P)
Kovrovskii mekhanich. zavod OAO (P)
Kovrovskiy Elektromekh. Zavod OAO (P)
Kovrovskiy mekhanicheskiy zavod OAO (P)

General Information
Number of Employees: 3,190 (As of 3/31/2012)
Outstanding Shares: 3,764,600 (As of 6/30/2023)
Shareholders: 1,801
Stock Exchange: MCX
Fax Number: +7 4923221449


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Saturday, April 20, 2024