The Novokramatorsk Machine-Building Plant (NKMZ, Kramatorsk, Donetsk Oblast) ended the first half of 2026 with a loss of 228.2 million UAH, a 3.7-fold increase compared to January–June 2025
According to the financial report published on the plant’s website, net sales revenue for this period fell by more than half—to 371.4 million UAH.
The gross loss amounted to 63.4 million UAH, compared to a profit of 173.3 million UAH in January–June 2025, while the operating loss reached 275 million UAH (a 5.5-fold increase).
Products worth UAH 351.7 million, or 94.7% of total revenue, were exported during the reporting period, while the volume of exports fell by more than half.
Specifically, exports to the main export market, India, fell by 47.2% to 166.8 million UAH; exports to Slovakia dropped by nearly 20% to 45.5 million UAH; by a factor of 3.2 to Romania—to 3.7 million UAH—and there were no shipments to Bulgaria (63.4 million UAH in the first half of 2025), Lithuania (36.2 million UAH), or France (6.1 million UAH).
In contrast, shipments to Poland increased 3.6-fold—to 44.9 million UAH, and to Luxembourg by 47.5%—to 63.9 million UAH.
In the second quarter, the volume of products sold amounted to 194.6 million UAH, including 189.7 million UAH for export; the volume of marketable products was 99.9 million UAH, including 95.0 million UAH for export. The loss amounted to 112.7 million UAH (compared to 88.4 million UAH a year ago).
“Despite the difficult economic situation and martial law in Ukraine, NKMZ will continue to maintain its equipment and workforce and develop projects in the field of research and innovation,” the report states.
At the same time, the plant notes that operating amid Russia’s military aggression against Ukraine, the proximity of the front lines, logistical challenges, and disruptions in energy supply have led to a significant reduction in production volumes and irregular operations.
Under these conditions, the company has temporarily suspended production since June of this year. According to information on the company’s website, on June 12 of this year, it refuted media reports regarding the relocation of NKMZ to Perechyn (Zakarpattia Oblast).
“PJSC ‘NKMZ’ is not relocating the enterprise to the city of Perechyn, is not moving its production facilities, and is not implementing any projects related to the enterprise’s relocation to Zakarpattia Oblast,” reads a statement from the press service on the website.
NKMZ is a key employer in Kramatorsk and Ukraine’s largest manufacturer of rolled steel, metallurgical, forging and pressing, hydraulic, mining, hoisting and transport, and railway equipment.
The plant ended 2025 with a loss of 127 million UAH, whereas in 2024, net profit amounted to 36.3 million UAH, following a 29.6% increase in net revenue to 1.49 billion UAH.
As of July 1, 2026, the average headcount of full-time employees stood at 4,018—a decrease of 12.7%, or 587 people, compared to the previous year.
