Business news from Ukraine

KMZ Industries built 160 thousand cubic meters of elevators in 2023

22 January , 2024  

In 2023, KMZ Industries (Karlivka Machine-Building Plant, KMZ, Poltava region) fulfilled 46 contracts for the installation, supervision, consulting, and repair of equipment and built 160 thousand cubic meters of elevator capacity, the company’s press service reported on Facebook.

According to the report, this figure is almost in line with the results of pre-war 2021.

“In total, over the year, the company’s installation department managed to install so much equipment that it increased the elevator capacity of our indomitable country by 160 thousand cubic meters of storage,” the press service quoted Vyacheslav Stepanchuk, Director of Installation and Construction at KMZ Industries, as saying.

In addition, in 2023, KMZ Industries installed silos and grain dryers weighing more than 2,300 tons, transport equipment of 1.25 km, and gravity routes of about 1 km.

KMZ Industries manufactures flat-bottomed and conical-bottomed silos, flour storage silos, Brice-Baker (British-designed) and DSP (Ukrainian-designed) shaft grain dryers, transportation equipment (elevators, chain, belt and screw conveyors), grain cleaning separators, and installs and automates elevator equipment and technological processes at grain storage facilities.

Dragon Capital Investments Limited (Cyprus), whose ultimate beneficiary is Tomas Fiala, owns 80% of KMZ shares, while Variant Agro Bud LLC owns 20%.

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