TMK Group. (Russia) Overview
TMK Group was established in 2001 with headquarters at Moscow, Russia. It has production sites in over 27 locations across three continents, and had 42,000 employees. It mainly operates in geographies such as Americas, Asia-Pacific, and Europe.
The company operates in four broad business segments, namely products, solutions, sales & marketing and R&D. The segment products offer a broad array of operations such as oil country tubular goods (OCTG), line pipe, industrial pipe, welded large diameter pipe, premium connections, product catalogs, guidelines, quality, production processes and product order. They compete with manufactures such as DP Master Manufacturing Pvt Ltd. (China), Drill Pipe International Llc. (USA), Hilong Group. (China) and NOV (U.S.A).
Strategy
The company sees new partnership & collaboration as key strategy and continued product launches of its services to the existing global network. TMK strongly believes in long-term prospects of profit growth in drill pipe industry and investments into strengthening the company’s position in the industry. The company recently held an opening ceremony for the launch of the construction of its R&D facility in the Skolkovo Innovation Centre, Russia. Also TMK and PJSOC Bashneft, a major Russian oil company, have signed a Technology Partnership Programme for 2016–2020.
