OREANDA-NEWS. May 27, 2011. Machinery & Industrial group "Concern "Tractor Plants" rapidly emerges from the crisis. The Concern product output indexes in the 1st quarter of 2011 are significantly higher than the previous year indexes for the same period that shows the steady growth reaching pre-crises indexes. On the whole the production volume increased 2,2 times all over the holding company, reported the press-centre of Tractor Plants.   

The highest growth dynamics was shown by the group of holding enterprises located in the Chuvash Republic. They managed to break through a milliard mark and show essential growth of product output: "Promtractor" JSC - in 2,2 times, "Cheboksary Aggregate Works" JSC - in 1,8 times, "Promtraktor-Promlit" LLC - in 2,7 times. "Promtraktor-Vagon" JSC has shown the most considerable results where the product output increased 4,2 times. First of all, it is connected with the achievement of the planned production capacity by a new railway car-building manufacture - the Universal welding & assembling building (UWAB).

According to Mikhail Shkolnik, the Deputy General Director for corporate finances and economics of the "Concern "Tractor Plants", there is a firm belief that at the year-end the mentioned holding enterprises will show considerable progress since they are completely provided with orders and our customers line up for our products as well as before the crisis. Together with economic indexes social indexes are growing.

The stability at our machinery & industrial enterprises is also guaranteed by the increase of average wage 1,4 times.