All Companies of KrAZ Group Report High Results in 2014
OREANDA-NEWS. January 28, 2015. KrAZ Group companies report profitable results in 2014. Kremenchug Automobile Plant, head company of the group, increased output by 49 percent from its 2013 level, manufacturing 1388 units. The company also reports increase in output of spare parts and castings: by 12 and 15 percent respectively.
Other companies of the group such as PJSC “Kamenets-Podolskautoagregat”, PJSC “Simferopol Steering Wheel Plant”, PJSC “Kherson Propeller Shaft Plant”, PJSC “Tokmak Press-Forging Plant” also report increase in output for 2014. Previous year partners of “AutoKrAZ” managed to reach increase in output from 2013 level: “Kamenets-Podolskautoagregat” by 73,3 percent, “Kherson Propeller Shaft Plant” by 3,2 times, “Tokmak Press-Forging Plant” by 2,2 percent, “Simferopol Steering Wheel Plant” by 31,2 percent. In 2014 Poltava brake Components Plant maintained the same results уas in the previous year.
As for sales results of the group companies, they also achieved sales growth in 2014:
Kremenchug Automobile Plant increased sales by 57 percent from its 2013 level, Poltava Brake Components Plant by 3,5 percent, “Kamenets-Podolskautoagregat” by 99,4 percent, “Tokmak Press-Forging Plant” by 10 percent, “Simferopol Steering Wheel Plant” by almost 50 percent, “Mariupol Avtoradiator” by 25,3 percent.
With their good results all the companies of the group prepared a good launching pad for progress in 2015, their top priorities in this year are increase in output and sales, mastering manufacture of new products, improvement of products quality and performance.
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