Zavod Slantsy OAO (Slantsy Plant Joint Stock Company) is a Russia-based company engaged in the manufacture and processing of oil products. The Company was created as a result of reorganization of Slantsepererabatyvayushiy zavod Slantsy in 1993. It specializes in the manufacturing of polymeric petroleum resin and distillates, petroleum coke tempering and gas condensate refining. It is also involved in the distribution of electric and thermal energy and the biological purification of drains. Zavod Slantsy OAO operates on both national and international markets. It exports its products to European Union (EU) countries, such as Italy, France, Germany, Lithuania, Norway, Poland and Commonwealth of Independent States countries, such as Belarus, Ukraine, Tajikistan and Uzbekistan. The Company has one 80%-owned subsidiary Areol' ZAO. The Company is in 41.75% owned by Federal Agency for the State Property Management. On November 2, 2012, the Company entered the bankruptcy proceedings.