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Korshunovskiy GOK PAO
Nizhneilimskiy rayon
ul. Ivashchenko, 9A/1
Phone: +7 4952218888p:+7 4952218888 ZHELEZNOGORSK-ILIMSKIY, 665651  Russian Federation Ticker: KOGKKOGK
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.
This is a Subsidiary, click here for the Parent Company
Business Summary
Korshunovskiy GOK PAO (Korshunovskiy Gorno-Obogatitel'nyi Kombinat PAO) is a Russia-based company, which is engaged in the iron ore exploration, as well as the processing and sale of iron ore. The Company operates in Korshunovsk iron-ore deposits. The Company specializes in processing iron ore into iron ore concentrate. Korshunovskiy GOK PAO distributes its products domestically, as well as exports them to China. It operates through one representative office in Irkutsk. The Company is active domestically and abroad, including Korea.

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
9/30/202312/31/2021Yes----

Industries
SIC Code Description
1011 Iron ores
3312 Steel works, blast furnaces (including coke ovens), and rolling mills

Officers and Directors

Title
Name
Age		 Title
Date		 Start
Date
Chairman of the Board, Managing Director Mikhail M.Mazhukin 45 12/26/2017 9/1/2017
Director, General Director (CEO) of the Managing Company Pavel V.Shtark 50 5/27/2015 7/1/2013
Acting Chief Accountant Natalia N.Isakova 47 1/1/2016 1/1/2016
3 additional Officers and Directors records available in full report.

Business Names
Business Name
KOGK
Korshunovskiy GOK (P)
Korshunovskiy GOK OAO (P)

General Information
Number of Employees: 2,826 (As of 6/30/2021)
Outstanding Shares: 250,126 (As of 9/30/2023)
Shareholders: 498
Stock Exchange: MCX
Fax Number: +7 3956632605


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Friday, April 19, 2024