KrAZ Group Companies Show Dynamic Growth in 2013
OREANDA-NEWS. February 12, 2014. KrAZ Group Companies reported positive results for 2013. The head company of the group, Kremenchug Automobile Plant saw an increase in production of 15,1 percent as compared to 2012. 930 vehicles rolled off the main assembly line of the Kremenchug Automobile Plant. Output growth rate for 2012 reached 121,8 percent, this indicates that more complicated vehicles were produced. Spare parts production rate rose to 137 percent for the period in question, casting production rate to 128 percent.
Other companies of the group, such as PJSC “Kamenets-Podolsk Avtoagregat”, PJSC “Simferopol Steering Wheel Plant”, PJSC “Avtoradiator” (Mariupol) also announced increase in production in 2013. Partners of “AutoKrAZ” saw increase in output growth rate as compared to 2012: “Kamenets-Podolsk Avtoagregat” by 129,2 percent, “Avtoradiator” by 112,1 percent, while Simferopol Steering Wheel Plant announced record gain in production which is 12,7 times more than in 2012. Poltava Brake Components Plant managed to maintain the same production level as in 2012.
As for sales results of the abovementioned group companies, Kremenchug and Poltava plants maintained them at the same level as in 2012 (for reference, KrAZ competitors average declared decrease in sales from 15 to 30 percent).
Kamenets-Podolsk Plant increased sales by 32 percent, Mariupol Avtoradiator Plant reported slight increase in sales of 1 percent, Simferopol Steering Wheel Plant
All the companies of the group in 2014 are determined to rev up production, master production of new products, improve their quality and performance.
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