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Olkon AO (OKPO:186743) (Russia)

Main Activities: Iron Ore Mining
Secondary Activities: Nonmetallic Mineral Mining and Quarrying | Iron and Steel Mills and Ferroalloy Manufacturing
Full name: Olenegorskii Gorno-Obogatitelnyi Kombinat AO Profile Updated: December 19, 2019
Buy our report for this company USD 29.95 Most recent financial data: 2018 Available in: English & Russian Download a sample report

Open Joint Stock Company "Olenegorsky GOK" JSC ("Alcon") is developing a deposit of ferruginous quartzites Zaimandrovskogo iron district, located on the Kola Peninsula (Murmansk region). In the vicinity of Olenegorsk. These deposits are one of the natural resources of the world's largest steel and mining company OAO "Severstal", which includes three divisions: "Severstal Russian Steel", "Severstal International," "Financial Reports". JSC "Alcon" is included in the mining division of JSC "Severstal Resources." At the present time, "Financial Reports" - one of the largest producers of iron ore, pellets, coking coal and gold in Russia. Olenegorsky mine produces high-quality iron ore concentrate with iron content of 65.7%, strontium ferrite powders, crushed stone for construction purposes and ballasting railroads. The main consumer of iron ore is the Cherepovets Metallurgical Plant OAO "Severstal". In 2010, the GOK Olenegorsky consumers put 4.2 million tons of iron ore concentrate. Other products manufactured by the Works shall be sent to industrial enterprises in Russia and exported to CIS countries."

Headquarters
Prospekt Leningradskii, 2
Olenegorsk; Murmansk Oblast; Postal Code: 184530

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Website: http://olcon.ru

Basic Information
Total Employees:
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Outstanding Shares:
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Registered Capital:
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Financial Auditors:
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Incorporation Date:
January 18, 1993
Key Executives
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Management Company
Subsidiaries
Korpanga OOO (OKPO:83740898)
1%
Rudprom OAO
1%
Company Performance
Financial values in the chart are available after Olkon AO (OKPO:186743) report is purchased.
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Key Financial Highlights
Annual growth percentages for latest two years in local currency RUB. Absolute financial data is included in the purchased report.
Net sales revenue
30.53%
Total operating revenue
30.53%
Operating profit (EBIT)
110.61%
Net Profit (Loss) for the Period
121.84%
Total assets
-6.28%
Total equity
-14.68%
Operating Profit Margin (ROS)
12.43%
Net Profit Margin
11.91%
Return on Equity (ROE)
37.11%
Quick Ratio
-1.39%
Cash Ratio
0%

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