Bogdan Motors uniting the production assets of Bogdan Corporation in 2017, according to preliminary data, saw a net loss of UAH 635.078 million, which is 2.3 times more than in 2016. According to the agenda of a general shareholders’ meeting scheduled for April 24, the uncovered loss of Bogdan Motors by the beginning of this year amounted to UAH 5.878 billion. The current liabilities of the company for the past year increased by almost 74%, to UAH 3.116 billion, long-term liabilities by 8.4%, to UAH 4.101 billion. The number of the company’s personnel over the year grew by 12 people, to 1,043 people.
PJSC Bogdan Motors unites the production assets of one of the leading Ukrainian automakers – Bogdan Corporation (a bus and trolleybus plant in Lutsk and a car factory in Cherkasy). The company in 2016 saw loss fall by almost 3 times from 2015, to UAH 275.2 million, net income decreased by 3.7%, to UAH 644.88 million.
