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The Taganrog Iron & Steel Factory (TAGMET) is the largest manufacturer of steel pipes in the South of Russia. It was founded in 1896 as the Taganrog Metallurgical Company, a Russian-Belgian
The Taganrog Iron & Steel Factory (TAGMET) is the largest manufacturer of steel pipes in the South of Russia. It was founded in 1896 as the Taganrog Metallurgical Company, a Russian-Belgian joint-stock company
A joint-stock company is a business entity in which shares of the company's capital stock, stock can be bought and sold by shareholders. Each shareholder owns company stock in proportion, evidenced by their share (finance), shares (certificates ...
. The Azov-Don Bank, a Taganrog based commercial bank was instrumental in financing the original company, and Boris Kamenka of that bank was appointed to its board.
In 2002 Alfa-Eko increased its stake in TAGMET from 25% to 42% by acquiring when it acquired the interests of the Petrovsky Bank.
References
{{DEFAULTSORT:Taganrog Iron and Steel Factory 1896 establishments in the Russian Empire Mechanical engineering companies of Russia Buildings and structures in Taganrog Steel companies of the Russian Soviet Federative Socialist Republic