JSC “Kramatorsk Heavy Machine Building Plant” (KZVV, Perechin, Zakarpattia region), almost 97.7% of whose shares are owned by former MP Maksym Yefimov (Restoration of Ukraine group), earned almost UAH 1.233 billion in net profit in January-June of this year, four times more than in the first half of 2024.
According to the company’s published financial report, net income for this period increased 3.5 times to UAH 21.446 billion.
According to the company, in the first quarter of this year, it increased its net profit by 2.6 times compared to January-March 2024, to UAH 707.9 million, with net income growing 4.2 times, to UAH 10.796 billion.
Thus, in the second quarter of this year, KZV increased its net profit by 4.8 times compared to April-June 2024, to UAH 524.8 million, with revenue growing almost threefold, to UAH 10 billion 653 million.
As reported, KZVV, which was relocated from Kramatorsk to Perechin in the summer of 2022, manufactures, among other things, wind turbines (WTGs) for Friendly Wind Technology.
KZVV specializes in universal special-purpose machine tools designed for the energy, metallurgical, oil and gas industries, mechanical engineering, and rail transport, as well as machine tools for single and small-batch production. The plant has also mastered the production of towers for WPPs.
Back in 2022, KZVV’s net income was UAH 119.38 million, and its net loss was UAH 134.68 million.
At the beginning of this year, the plant employed almost 2,000 workers, compared to 296 in 2022.
