Business news from Ukraine

KMZ Industries has supplied set of elevator equipment to Romania

26 July , 2024  

KMZ Industries (Karlivka Machine-Building Plant, KMZ, Poltava region) has fulfilled another export contract for the comprehensive supply of equipment for the construction of an elevator complex in Romania, according to the plant’s website.
“We manufactured and shipped silos, transportation and gravity equipment to the customer in a timely manner,” the statement said.
The supplied equipment includes two conical silos with a diameter of 5.5 m and eight tiers with a capacity of 210 tons of wheat grain each, two elevators with a capacity of 50 tons per hour, an elevator tower, two chain conveyors with a capacity of 50 tons per hour, a conveyor gallery and a set of gravity equipment.
The press service notes that the facility is actively undergoing installation work and this season the silos will receive the first grain stored there before being sent for processing.
“The peculiarity of Romanian farmers is their desire to avoid earthworks as much as possible, so the acceptance of agricultural products at their elevator complexes is carried out using an above-ground silo and elevators without burial. In particular, at the request of the customer, all metal structures (elevator tower, gallery, supports) were also designed and manufactured by KMZ Industries,” Oleksandr Tkachenko, Head of Exports at KMZ Industries, was quoted as saying in the statement.
According to him, the logistics of shipping elevator equipment from Ukraine to Romania is well established, and there are no problems with it.
“The delivery time may still be affected by the lack of truck drivers authorized to cross the border and queues at border crossings, which makes transportation take more than a week.
Therefore, both Romanian customers and Ukrainian producers take these factors into account to avoid the risk of extending the construction time,” Tkachenko added.
As reported, KMZ Industries carried out the first comprehensive supply of a set of elevator equipment for a farm in Romania in 2020, as part of the contract concluded after winning the tender.
KMZ Industries is the largest manufacturer of elevator equipment in Ukraine and produces a full range of equipment, including silos, grain dryers, transport equipment and separators, as well as provides automation and installation services. According to the company, it has sold more than 5,000 facilities. In 2012, the company acquired the assets of Brice-Baker (UK), one of the leading suppliers of elevator equipment in Europe, and in April 2021 announced a merger with the elevator business of Variant Agro Bud LLC.
According to the Clarity Project, in 2023, KMZ reduced its net profit by 3.9 times compared to 2022, to UAH 15.8 million, with revenue falling by 20% to UAH 650.2 million.
The plant ended the first quarter of this year with a net profit of UAH 35.4 million, 3.9 times more than in January-March 2023, and revenue increased by 3.3% to UAH 71.7 million.

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