OMZ
Encyclopedia
OMZ or Uralmash-Izhora Group, (: Objedinennye Mashinostroitelnye Zavody (OMZ), literal translation: United Heavy Machinery Plants) is a large Russia-based international heavy industry and manufacturing conglomerate. OMZ manufactures a wide range of steel, custom and industrial components for nuclear power plants, petrochemical and mining operations and utilities. In particular OMZ is the sole manufacturer of reactor pressure vessels for the VVER
VVER
The VVER, or WWER, is a series of pressurised water reactors originally developed by the Soviet Union, and now Russia, by OKB Gidropress. Power output ranges from 440 MWe to 1200 MWe with the latest Russian development of the design...

 series of nuclear reactors and the manufacturer of EKG open-cut mining power shovels.

As a Russian open joint stock company, shares in OMZ may be publicly traded subject to terms of constitutive documents and merger agreements.

OMZ was formed in 1996 in an incorporation of Ural Machine-Building Plants
Uralmash
Uralmash is a heavy machine production facility of the Russian engineering corporation OMZ. The facility is located in Yekaterinburg, Russia. The surrounding residential area where workers live is also called Uralmash....

 with ZSMK. Izhora Plants
Izhorsky Zavod
Izhorskiye Zavody or Izhora Plants is a Russian machine building joint stock company belonging to the OMZ Group. It operates a major manufacturing plant in Kolpino, Saint Petersburg.-History:...

 merged with OMZ in 1999 and the company was renamed OMZ (Uralmash-Izhora Group). In 2003 the company combined with Pilsen Steel and Skoda JS, the former steel and nuclear subsidiaries of Skoda Works
Škoda Works
Škoda Works was the largest industrial enterprise in Austro-Hungary and later in Czechoslovakia, one of its successor states. It was also one of the largest industrial conglomerates in Europe in the 20th century...

. In 2008 CHETENG Engineering also joined. OMZ is a 50% owner of the Uralmash Machine-Building Corporation formed in a 2007 agreement with Metalloinvest
Metalloinvest
Metalloinvest Management Company LLC is a Russian mining and metallurgy company specializing in the manufacture of steel.Metalloinvest was founded in 1999...

.

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