of distinguished Soviet engineering –
our oldest asset is 80 years old
Ural Heavy Machinery Plant (today Uralmash) was founded – a manufacturer of equipment for the metals, mining, and energy sectors. Later it became part of OMZ
Ural Heavy Machinery was established, bringing together Uralmash and its branch, Welded Machinery Structures Plant – later renamed United Heavy Machinery (OMZ)
New enterprises joined the Group, businesses were consolidated into divisions, new industry segments emerged, and some assets were restructured or sold
With Gazprombank joining as a shareholder, OMZ transformed into a management company, focusing on growth across its machine-building division and technology engineering business
OMZ sharpens its focus on Russian technology companies – those creating competitive products to support the nation’s goal of technological sovereignty in the new economic environment