Business news from Ukraine

AVTOKRAZ INCREASES OUTPUT BY 10% IN NINE MONTHS

7 October , 2015  

KYIV. Oct 7 (Interfax-Ukraine) – PJSC AvtoKrAZ (Kremenchuk, Poltava region), the only Ukrainian producer of heavy vehicles, in January-September 2015 produced 984 trucks, which is 10.1% more than in the same period in 2014.

According to a press release issued by the company, 71% of total vehicle production was ordered by Ukrainian customers, the rest was manufactured for exports.

In addition to automotive production, in January-September this year the plant produced and shipped 15 trailers and five semi-trailers, which is 7.5 times more than in the same period in 2014.

In September, AvtoKrAZ made marketable products worth about UAH 166 million, which is 4% more than in August 2015.

The company also reported that its staff is currently working on taking measures to prepare the plant for winter and is dealing with the issue of quality and optimization of production to reduce costs, as well as producing new models of KrAZ vehicles.

AvtoKrAZ makes 33 basic vehicle models, and more than 260 modifications and trim levels for civilian and military vehicles.