Commercial Credit Report for AK Korvet AO

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	AK Korvet AO
ul. Burova-Petrova, 120
Phone: +7 3522530741p:+7 3522530741	KURGAN, 640027 Russian Federation	Fax: +7 3522255699f:+7 3522255699

Business Summary

AK Korvet AO (Aktsionernaya Kompaniya Korvet AO or Korvet Joint Stock Company) is a Russia-based company which is engaged in the production of oil and gas equipment. The Company’s product portfolio consists of wellhead equipment, tanks, as well as pipeline equipment and fire-fighting equipment. The Company also provides installation supervision and after-sale servicing of its equipment. It sells its products domestically, including such companies as: Surgutneftegaz OAO, TNK-BP Holding and Stroygazkonsalting OAO, among others. AK Korvet AO operates through four subsidiaries: Shumukhinskoe mashinostroitel’noe predpriyatie OOO, Kargapol’skiy mashinostroitel’nyi zavod OOO, Korvet-M OOO, as well as two affiliated companies Kazneftegazmash AO and LTs OOO. In November 2013, the Company increased its stake to 100% in Liteynyi tsentr OOO.

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
12/31/2023	12/31/2023	Yes	-	-	-	-

Industries

SIC Code	Description
3533	Oil and gas field machinery and equipment
3317	Steel pipe and tubes
3443	Fabricated plate work (boiler shops)

Officers and Directors

Title	Name	Age	Start Date
Chairman of the Board	Colin R.McCartney	66
Chief Accountant	S. V.Tikhonova
General Director, Director	Anatoly V.Chernov	67	1/1/1998
5 additional Officers and Directors records available in full report.

Business Names

Business Name
AK Korvet OAO (P)
KVET
KVETP
Liteynyi tsentr OOO

General Information

Number of Employees:	1,763	(As of 12/31/2023)
Outstanding Shares:	98,298	(As of 12/31/2023)
Shareholders:	604
Stock Exchange:	RTB
Fax Number:	+7 3522255699

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