JSC Kramatorsk Heavy Machine-Building Plant (KZVV, Perechin, Zakarpattia region), almost 97.7% of whose shares are owned by former MP Maksym Yefimov (Restoration of Ukraine group), earned nearly UAH 1.379 billion in net profit in January-September this year, twice as much as in the same period in 2024.
According to the company’s published financial report, its net income for this period increased 2.6 times to UAH 34.542 billion.
As reported, in the first half of this year, the company increased its net profit fourfold compared to January-June 2024, to UAH 1.233 billion, and its net income 3.5 times, to UAH 21.446 billion.
Thus, in the third quarter of this year, KZVV reduced its net profit by 2.5 times compared to its July-September 2024 figure – to UAH 146.6 million, but increased its revenue by 85% – to UAH 13.1 billion.
As reported, KZVV, which was relocated from Kramatorsk to Perechin in the summer of 2022, manufactures, among other things, wind turbines (WTGs) for Friendly Wind Technology.
KZVV specializes in universal special-purpose machine tools for the energy, metallurgical, oil and gas, machine-building, and railway transport industries, as well as machine tools for single and small-batch production.
Back in 2022, KZVV’s net income was UAH 119.38 million, and its net loss was UAH 134.68 million.
At the beginning of 2025, the plant employed almost 2,000 workers, compared to 296 in 2022.