Business news from Ukraine

Business news from Ukraine

AVTOKRAZ RAISES OUTPUT BY 20% IN JAN-JUNE 2015

7 July , 2015  

KYIV. July 6 (Interfax-Ukraine) – PJSC AvtoKrAZ (Kremenchuk, Poltava region), the only Ukrainian producer of heavy vehicles, in January-June 2015 increased production by 20.5% from the same period in 2014, to 577 units.

According to the press service of the company, KrAZ sales in the first half of 2015 rose by 22.7%, to 519 units.

Of the total amount of vehicles produced exports accounted for 32%, the domestic market – 67%.

In addition to basic production, specifically trucks, in the first half of the year the plant shipped four semi-trailers and 13 trailers to the customer, while in January-June last year these products were not manufactured.

The report notes that in June the plant increased production by 30% from May this year and by 22.5% from June of the past year, to 125 vehicles, while in monetary terms production grew by 26.2%.

The press service also said that in late June the plant passed three mobile pumping units to Energoatom to be in keeping power units in a safe condition.

New KrAZ-63221 trucks are being manufactured in cooperation with Tital, a Ukrainian developer and manufacturer of fire and rescue vehicles and equipment.

The ultimate customer of these vehicles is Yuzhnoukrainsk nuclear power plant (Mykolaiv region).