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Tverskoy ekskavator OAO
ul. Industrial'naya, 11
Phone: +7 4822778122p:+7 4822778122 TVER, 170100  Russian Federation Ticker: tvettvet

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
Tverskoy Ekskavator OAO (TVEKS OAO or Tver Excavator OJSC) is a Russia-based company engaged in the rental services. The Company leases and sells own manufacturing facilities and properties. Tverskoy Ekskavator OAO used to manufacture machinery for construction operations, such as various types of pneumatic excavators, crawler excavators, handling equipment, forklifts and spare parts for its production. Such production activities are transferred to Tverskoy ekskavator ZAO.

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
12/31/202212/31/2022Yes----

Officers and Directors

Title

Name

Age
Title
Date
Start
Date
General Director (CEO) of the Managing Company, Director Oleg T.Gurev 62 1/1/2015 1/1/2015
Director Vladimir A.Chekalin 50 6/1/2015 12/17/2013
Director Igor V.Dolgin 57 1/1/2013 1/1/2013
3 additional Officers and Directors records available in full report.

General Information
Number of Employees: 3,026 (As of 12/31/2007)
Outstanding Shares: 131,366 (As of 12/31/2022)
Stock Exchange: RTB
Fax Number: +7 4822346490


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Friday, December 6, 2024