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Taganrog Iron & Steel Factory
From Wikipedia, the free encyclopedia
The Taganrog Iron & Steel Factory (TAGMET) is the largest manufacturer of steel pipes in the South of Russia.[1] It was founded in 1896 as the Taganrog Metallurgical Company, a Russian-Belgian joint-stock company.[1] The Azov-Don Commercial Bank, a Taganrog based commercial bank was instrumental in financing the original company, and Boris Kamenka of that bank was appointed to its board.[2]
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In 2002 Alfa-Eko increased its stake in TAGMET from 25% to 42% by acquiring when it acquired the interests of the Petrovsky Bank.[3]