UMMC meaning in Business ?

Answer: What is Ural Mining and Metallurgical Company mean?

Ural Mining and Metallurgical Company (UMMC or UGMK Russian: Открытое акционерное общество «Уральская горно-металлургическая компания») 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. The main owner of the company is Uzbek billionaire Iskander Makhmudov. The president of the company is Andrew Kozitsin (Russian: Козицын, Андрей Анатольевич).

The company owns about 50 companies located throughout Russia.

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