SMASH Produced Equipment for Gazprom
OREANDA-NEWS. February 02, 2010. According to Sumy NVO Frunze press service release, the Company has produced equipment for compressor plant Gryazovetskaya for the total worth of USD 50mn for the Russian Gazprom gas monopoly. This contract was signed in September 2008.
We see this news as positive for the Company. It confirms stability of partnership relations with such an important consumer. This news will have a positive impact on the growth of SMASH financial results in the future against the background of high demand for the Company’s production on the part of Gazprom.
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