31 May 2012 17:47

TMK expects 2012 sales revenues to top $7 bln, considers acquisitions

MOSCOW. May 31 (Interfax) - OJSC Pipe Metallurgical Company (TMK) expects to see sales revenues exceed $7 billion this year and the company is looking at the acquisition of small and midsized assets that do not impose a significant debt burden, the company's deputy general director for strategy and development, Vladimir Shmatovich, said during a conference call.