 For at least part of the late 1980s and early 1990s, the plant was controlled, at least in part, by the Uralmash gang, a racketeering organization.In accordance with Russian Federation law, Uralmash was transformed in December 1992 into an open-end joint stock company under the name "The Ural Heavy Machine Building Plant".In 1996 Uralmash it became part of OMZ, one of Russia's largest engineering corporations, founded and initially led by Kakha Bendookidze.