PAO Kriogennogo Mashinostroeniya (Russia)

PAO Kriogennogo Mashinostroeniya, located in Balashikha, is an open joint stock company that was established in 1949 as a state-owned enterprise. It was incorporated in the Russian Federation on November 16, 1993, as part of the country's privatization program. The company's registered office is situated at Lenin Avenue 67, 143907, Balashikha, Moscow Region, Russian Federation. The main activities of PAO Kriogennogo Mashinostroeniya, also known as OJSC Cryogenmash, include research and design, equipment production, supplying of industrial gases, and after-sale service in the field of air separation products. The company sells its products both in the Russian Federation and abroad. PAO Kriogennogo Mashinostroeniya manufactures various types of equipment for the production, processing, transportation, and storage of technical gases. This includes air separation plants, membrane gas separation plants, pressure swing adsorption plants, equipment for natural gas separation, purification and liquefaction, hydrogen and helium systems, cryogenic tanks, storage and gasification systems, transport tankers, cryogenic pipelines, turboexpanders, equipment for rare gases production, and equipment for launch rocket-space systems. In addition to equipment production, the company also provides on-site gas deliveries to metallurgists through long-term agreements. Cryogenmash constructs and operates air separation production at the customer's site, ensuring a steady supply of technical gases for the main production. The company's stocks are listed on RTS under the symbols KRGM and KRGMP, with the IPO date being July 27, 2007.