Private company

Ural Mining and Metallurgical Company

Logo: ООО "УГМК-Холдинг", CC BY-SA 4.0, via Wikimedia Commons3

Russian metallurgical company

Ural Mining and Metallurgical Company (UMMC or UGMK, Russian: Открытое акционерное общество «Уральская горно-металлургическая компания», abbreviated in “Угмк”) is a Russian metallurgical company based in Verkhnyaya Pyshma. It is the second largest copper producer in Russia. The holding company was formed around joint-stock company Uralelektromed in 1999.2 It employed about 70,000 people.1 Its revenue was ₽403 billion in 2017.1 Wikipedia text CC BY-SA 4.0

Last updated Oct 20, 2026.

Overview

1999Founded1
  • Industrymetal industry1
  • HeadquartersVerkhnyaya Pyshma1
  • Websitewww.ugmk.com/en
  • Legal formООО1
Ural Mining and Metallurgical Company (UMMC) Head office
Photo: ООО «Гелио Пресс», CC BY-SA 4.0, via Wikimedia Commons5

Ural Mining and Metallurgical Company (UMMC or UGMK, Russian: Открытое акционерное общество «Уральская горно-металлургическая компания», abbreviated in “Угмк”) is a Russian metallurgical company based in Verkhnyaya Pyshma. It is the second largest copper producer in Russia.2

Corporate structure

Ural Mining and Metallurgical Company sits at the top of its group. 24 entities, 2 countries on record. Switch between the flow chart and the network, and select any entity to see its details.

Built from subsidiaries, stakes and holdings from Wikidata (CC0); major holders from Schedules 13D and 13G. Each entity in the chart links to its source.

What it owns

What Ural Mining and Metallurgical Company reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.

Stakes and holdings (Wikidata)

Things Wikidata records the company as owning, with the share when stated.1

Products and brands

  • copper
  • lead
  • non-ferrous metallurgy
  • zinc

Listed on Wikidata.1

Products

UMMC produces approximately 40% of Russia's output for cathode copper and zinc.

Additionally, it produces approximately:

50% of Russia's output for lead

25% of non-ferrous rolled products (domestic market)

Read the full text

Over 50% copper powder (European market)

Facilities

Krasnobrodskaya-Koksovaya: In 2011, RusBusinessNews reported that UMMC had commissioned a new coal processing factory. The factory is known as Krasnobrodskaya-Koksovaya. UMMC invested 3.3 billion rubles into the project. According to the article, the factory will process 3 million tons of coal each year.

Lufia: In 2013, UMMC's Lufia Auto Aggregate Plant won a regional contest related to "high social efficiency", meaning that the company developed social partnerships and developed human potential.

Mednogorsky Copper and Sulfur Plant: The plant, owned by UMMC, competed against Norilsk Nickel and won exploration and mining rights in 2012. The rights extend to the Yelanskoye and Yelkinskoye mineralizations in Voronezh Region.

Tyumen Steel Mill: In July 2012, Metal Mining Wire reported that UMMC had planned to build and run a new steel mill in the Tyumen region of Russia. The mill would cost $675 million. According to the article, UMMC expects the new mill to produce 540,000 metric tons of steel per year.

Subsidiaries

Mining

UMMC owns 24 companies that do mining and processing. UMMC has 138 licenses to mine and explore subsurface mineral resources.

Subsidiaries of UMMC within the mining industry include Uralelektromed, Mednogorsk Copper-Sulphur Combine, Svyatogor, the Sredneuralsk Copper Smelter, Gaisky and Uchalinsky GOKs.

Chelyabinsk Zinc Plant

UMMC, CJSC Russkaya Mednaya Kompaniya (RMK), and other investors own Chelyabinsk Zinc Plant (CZP). CZP is the biggest Russian producer of high-grade zinc and zinc alloys.

Kuzbassrazrezugol

In February 2013, Interfax reported that Ural Mining and Metallurgical Company (UMMC) has made a buyback offer to the minority shareholders in UK Kuzbassrazrezugol' OAO (Kuzbassrazrezugol Coal Company), which is controlled by LLC UMMC Holding. UMMC became the owner of 51.018% of Kuzbassrazrezugol Coal Company's ordinary shares on December 29, 2012. According to Kuzbassrazrezugol Coal Company's list of affiliated entities as of last August 14, UMMC previously owned 25.633% of its charter capital.

Uralelectromed

Uralelectromed provides heat to all departments and divisions of the industrial site, and to part of the sporting and social facilities in Verkhnyaya Pyshma, and it also supplies heat to certain residential areas.

In August 2013, the company announced that it has begun production of a new copper electrolysis product at Uralelectromed. The company also begun a sinking process at its Jubilee field in Bashkortostan, part of a 3.5-year program to install utilities and power stations at the future site of Jubilee's administrative complex. When complete, Jubilee is expected to yield 2,625 tons of copper per year. In total, the UMMC plans to invest more than $42 million in Jubilee.

Non-mining

UMMC also has subsidiaries outside of the mining industry.

Civil and industrial construction

Yekaterinburg-City CJSC, a UMMC subsidiary, owns and operates the namesake commercial district near the center of Yekaterinburg. It was constructed in 2006 and completed in 2015.

Agriculture

UMMC owns the UMMC-Agro CJSC which focuses on agriculture. Under the aforementioned company are the following subsidiaries:

Teplichnoye CJSC (Yekaterinburg)

Yekaterinburg Flour Mill OJSC (Yekaterinburg)

Patrushi Agrofirm CJSC (Sverdlovsk Region)

Verkhnepyshminsky Dairy Plant (Sverdlovsk Region)

Ulybka Leta CJSC (Yekaterinburg)

Makushinsky Elevator OJSC (Kurgan Region)

Shutikhinskaya Agrofirm CJSC (Kurgan Region)

Telecommunications and mass media

UMMC Telecom CJSC is a subsidiary of UMMC which does business in the telecommunications and mass media industries of Russia. It owns the internet service provider KuzbasSvyazUgol CJSC and the radio broadcasting company European Media Group CJSC.

European Media Group

European Media Group (founded in 1990 by French-Russian media manager Georges Polinsky) was acquired by UMMC Telecom in May 2016 from SBU Media Holdings, which previously bought EMG in 2011 from the French mass media company Lagardère Active (now Lagardère News). It owns the following subsidiaries:

Europa Plus JSC (Moscow): operator of the namesake radio network and TV channel

Center for New Technologies CJSC (Saint Petersburg): operator of the Dorognoe Radio network

Radio Retro JSC (Moscow): operator of the Retro FM network

New Radio Company CJSC (Moscow): operator of the namesake radio network and the Studio 21 radio network

Soviet-American Communications JSC (SAC) (Moscow): operator of the Radio 7 on the Seven Hills (Radio 7) network

Inter Radio Group CJSC (Moscow): operator of the Kalina Krasnaya radio network

Radio Katyusha OJSC (Saint Petersburg): operator of the radio station Eldoradio (formerly Radio Katyusha)

IDR-Format CJSC (Moscow): publisher of the Profile magazine and operator of the profile.ru website

From Wikipedia’s article on Ural Mining and Metallurgical Company, shared under CC BY-SA 4.0.4

Subsidiaries and ownership

Owners

Subsidiaries

Also owns

From Wikidata.1

Acquisitions

  1. 2013Acquired LET Aircraft Industries1

Revenue over time

As stated on Wikidata, in the currency reported.

Revenue

Ural Mining and Metallurgical Company revenue by year1402.9B RUB in 2017−28% since 2015
0200.0B RUB400.0B RUB600.0B RUB2015: 560.0B RUB560.0B RUB20152017: 402.9B RUB402.9B RUB2017−28%
  • 2017402.9B RUB1
  • 2015560.0B RUB1

Net income

  • 201523.2B RUB1

Timeline

  1. 1999Founded Founded1