TMK says not to publish quarterly operating data any more

MOSCOW, Dec 7 (PRIME) -- Russian pipeline producer TMK will discontinue to release quarterly operating information, but will include the data in financial reports, Deputy CEO Vladimir Shmatovich said at a conference call on Monday.

"We have decided to stop publication of operating press releases… because operating press releases did not reflect delivery, and the figures of sales and delivery did not match objectively misleading the audience," Shmatovich said.

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