Business news from Ukraine

Business news from Ukraine

AVTOKRAZ INCEREASES OUTPUT BY 20% IN FIVE MONTHS

3 June , 2015  

KYIV. June 2 (Interfax-Ukraine) – PJSC AvtoKrAZ (Kremenchuk, Poltava region), the only Ukrainian producer of heavy vehicles, in January-May 2015 increased production by 20% from the same period in 2014, to 452 units.

According to a press release issued by the company, truck sales for the period increased by 16%, to 392 units.

The share of exports of total shipments during this period was 37%, while the domestic market – 63%.

According to the press release, besides basic production – trucks, for five months of this year the company produced and shipped two semi-trailers and eight trailers, while over the same period last year these products were not made.

Truck production in May totaled 96 units, in particular the share of lorries was 95%, chassis – 3%, tractors – 2%.

Last month 96% of manufactured products were for the Ukrainian market, the rest – for exports.

The press service noted that AvtoKrAZ’s production plan for June significantly exceeds the figures of the previous months, however it did not specify the figures.