OREANDA-NEWS. April 19, 2010. According its recent press-service release, Druzhkivka Engineering Plant <DRMZ UK N/R> finished 2009 with losses amounting to UAH 78.474mn. As of late 2009, the assets of the company made up UAH 928.572mn, its total accounts receivable being UAH 521.476mn, and its current liabilities standing at UAH 673.614mn.

Millennium Capital: this news about the deterioration of the Company’s financial performance is obviously negative for DRMZ. Millennium Capital expected the declining of the Net Margin to a negative level as a result of a reduction in demand during the 2009 crisis.