KYIV. Nov 5 (Interfax-Ukraine) – Azovmash, the leader in the Ukrainian heavy engineering market, has signed a dealership agreement with the Turkish company Vitas Velioglu Insaat ve Ticaret on the purchase and sale of railcar and heavy machinery goods manufactured by PJSC Azovzahalmash in Middle Eastern and African markets
According to a company press release, the agreement was signed during the visit of a delegation headed by the chairman of the Turkish company to the enterprise.
According to the press release, during the visit the first contract on the supply of wagons produced by Azovzahalmash in 2016-2017 was signed. The volume of the contract and its other parameters has not been disclosed.
“The signing of this contract is the first step towards the restoration of the enterprise. We’ll have to certify wagons, update technical documentation, and work to promote the products in non-traditional markets. Entering the markets of the Middle East and Africa is a real possibility and alternative to the market of the Customs Union, we’ve done major preparatory work for this,” the press service said, citing President of Azovmashinvest Holding Taras Polischuk.
Azovmash (Azovmashinvest Holding) is one of the largest machine building complexes in Ukraine.
