Ural Mining and Metallurgical Company
Encyclopedia
Ural Mining and Metallurgical Company (UMMC or UGMK ) is a Russian metallurgical
company based in Verkhnyaya Pyshma
. It is the second largest copper producer in Russia.
The holding company
was formed around Oralelektromed in 1999. The president of the company is Uzbek billionaire Iskander Makhmudov
.
Metallurgy
Metallurgy is a domain of materials science that studies the physical and chemical behavior of metallic elements, their intermetallic compounds, and their mixtures, which are called alloys. It is also the technology of metals: the way in which science is applied to their practical use...
company based in Verkhnyaya Pyshma
Verkhnyaya Pyshma
Verkhnyaya Pyshma is a town in Sverdlovsk Oblast, Russia, situated north of Yekaterinburg. Population: Postal code: 624080. International dialing code: +7 .-History:...
. It is the second largest copper producer in Russia.
The holding company
Holding company
A holding company is a company or firm that owns other companies' outstanding stock. It usually refers to a company which does not produce goods or services itself; rather, its purpose is to own shares of other companies. Holding companies allow the reduction of risk for the owners and can allow...
was formed around Oralelektromed in 1999. The president of the company is Uzbek billionaire Iskander Makhmudov
Iskander Makhmudov
Iskander Makhmudov is an Uzbek businessman based in Russia.- Overview :Iskander one of the most mysterious Uzbek businessmen. He was born in Bukhara, lived in Tashkent and graduated from the local university with a degree in Oriental studies. He then worked in different Soviet military...
.