NEFAZ Successfully Develops
OREANDA-NEWS. November 01, 2010. The results for nine months of 2010 are announced by NEFAZ, a subsidiary of KAMAZ. Against the same period of 2009, the enterprise showed a higher performance.
The enterprise manufactured marketable products to the tune of 4,339 million roubles, which is more by 34.9 pct than last year, shipped its customers and rendered services for 4,254 million roubles (the growth made 124.1%). The highest growth in production was achieved in passenger bus (135 pct), crew bus (182.1 pct), bulk and towed vehicle (112.7 pct) manufacturing. All showings are compared to performances of nine months of 2009.
NEFAZ managers note that success of the current year is even clearer against a background of sharply increased prices of metal suppliers: in spite of forecast nine percent, metal practically rose in price by 30%. This jump in prices affected the economy of metal-consuming productions of machine building enterprises, including KAMAZ’s subsidiary and KAMAZ itself. But it was greatly damped down due to the implemented Production System, close cooperation with suppliers of components and materials. Economy measures turned out to be a real cost saving of 153.7 million roubles. As a result, NEFAZ worked for nine months with profits. The workers’ average wage grew by 54 pct in comparison with last September. NEFAZ plans to keep its growth in the fourth quarter of this year as well and to ship no less than 800 NEFAZ buses to the Russian regions this year.
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