Commercial Credit Report for Vyshnevolotskiy MDOK OAO (P)

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	Vyshnevolotskiy MDOK OAO (P)
Ul. Lesozavodskaya, 3
Phone: +7 4823322632p:+7 4823322632	VYSHNIY VOLOCHEK, 171155 Russian Federation	Ticker: vdokvdok

On March 4, 2022, CreditRiskMonitor.com, Inc. suppressed the FRISK® score of all publicly listed Russian and Ukrainian-based companies trading domestically due to the closure of their respective stock markets. The halt of trading in a counterparty’s securities is never a positive signal for creditors or suppliers, but especially in situations where the prices of those securities were above book value before the halt. The loss of liquidity optionality from equity markets inherently increases the bankruptcy risks for any business and dealing with businesses who have lost this financing option should be strongly scrutinized. Stock Market data is one of the essential components used in the daily calculation of the FRISK®. The omission of this data can reduce the score's effectiveness in predicting bankruptcy risk for companies trading within these markets. In addition, any analysis based on previously reported financials should be used with caution in this environment. We are continuing to monitor the Russia-Ukraine conflict and plan to reevaluate the appropriateness of the FRISK® when the affected exchanges have reopened and trading in securities resumes.

Business Summary

Vyshnevolotskiy MDOK OAO (Vyshnevolotskiy ordena Znak Pocheta mebel’no-derevoobrabatuyvayuishchiy kombinat OAO or Vyshnevolotsky Furniture and Wood Processing Plant OJSC) is a Russia-based company, which is active in the wood processing industry. The Company is engaged in the manufacture of particle boards, laminated particle boards, post-formed panels, decorative laminates and urea-formaldehyde resins. Vyshnevolotskiy MDOK OAO also manufactures different types of cabinet and office furniture, as well as tables and book shelves. The Company operates domestically, mainly in Tver Oblast and has a representative office.

Scores and Ratings

FRISK^® Score	Z'' Score	PAYCE^® Score	DBT Index	Moody's Rating	Fitch Rating	DBRS Rating
-	Yes	-	-	-	-	-

Financials, News and Filings

Latest Statement	Last Audit	News	SEC Filings	Bankruptcy Filings	Suit & Judgment Filings	Tax Lien Filings
12/31/2023	12/31/2023	Yes	-	-	-	-

Industries

SIC Code	Description
2435	Hardwood veneer and plywood
2493	Reconstituted wood products
2521	Wood office furniture
2431	Millwork

Officers and Directors

Title	Name	Age	Start Date
Chairman of the Board. Chief Engineer	Sergey M.Balygin	52
General Director, Director	Gennady I.Filatov	72	1/1/1999
First Deputy General Director, Director	Sergey G.Filatov	40	1/1/2002
Deputy General Director, Director	Viktor N.Kudryashov	48	1/1/2002
Director	Nadezhda G.Filatova	66

Business Names

Business Name
VDOK
Vyshnevolotskiy MDOK OAO (P)

General Information

Number of Employees:	732	(As of 6/30/2011)
Outstanding Shares:	230,335	(As of 12/31/2023)
Shareholders:	143
Stock Exchange:	RTB
Fax Number:	+7 4823322200

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