Ukrainian Holding AvtoKrAZ Increased Sales of Vehicles by 14%
OREANDA-NEWS. The largest Ukrainian manufacturer of lorries - AO Holding company AvtoKrAZ has increased sales of lorries from 3023 vehicles sold for analogous period of 2005 up to 3443 units in January - November 2006, representatives of the company informed.
The last month sales of lorries have increased up to 534 units, or in 1,4 times exceeded a parameter of November 2005, Reuters informs.
Kremenchug automobile factory - the leader of the holding - achieved the best for the last ten years parameters in the last year, having produced 3571 large-capacity cars, in 1,6 times more than volume of manufacture in 2004. Sales in 2005 increased up to 3488 cars in comparison with 2258 machines a year before.
The structure of holding company AvtoKrAZ includes ten machine-building enterprises of Ukraine, in particular, Kremenchug automobile factory, foreign trade firm KrAZ, Poltava auto aggregate factory, Kherson factory, Simferopol factory of automobile wheels, Stakhanovski Car Building Plant.
Several weeks ago the holding included the Mariupol joint-stock company “Autoradiator”.
By results of work in 2005 AO Holding company AvtoKrAZ has increased the net profit up to UAH 1,205 billion ($238,6 million) from UAH 449,7 million in the last year. The net profit for the last year has grown up to UAH 64,05 million from UAH 51,5 million in 2004.
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