OREANDA-NEWS. November 9, 2011. Ukrainian company Mining Machines, a leader in production of mining equipment, has registered Mining Machines RUS trade company in Russia. The new company is headquartered in Moscow with a subsidiary in Novokuznetsk (Kemerovo Oblast) and headed by Yurii Levankov, former Business Director of Belon.

Ukrainian company Mining Machines, the largest Ukrainian producer of mining equipment, has opened Mining Machines RUS trade company in Russia. The new company is headquartered in Moscow with a subsidiary in Novokuznetsk (Kemerovo Oblast). Yurii Levankov, former Business Director of Belon, has been appointed the CEO of Mining Machines RUS.

"It is logical and complies with our strategy to establish a representative office with headquarters in Moscow. Today the turnover of goods between Russia and Ukraine exceeds USD 50bn. The share of heavy engineering products in Ukraine's total export to Russia makes about 30%. Having analysed the economic situation in Russia and the world trends we have come to the decision that it is the right time to strengthen our position in the region. According to our strategy we plan to increase our share in sales of equipment and supply of complex solutions and aftersales service," stated the CEO of Mining Machines  Yevgeniy Romashchin.

Director of Mining Machines RUS Yurii Levankov believes that experience and technologies of Mining Machines are highly sought after at the Russian market: "Russian mining companies start developing low-coal and ultra-low coal deposits, which require special modern equipment. Mining Machines is one of very few producers of such equipment in the world. In particular, these are UKR400 and KDK500 shearers, which have a good track record of operation in difficult mining and geological conditions."