Novokramatorsk Machine-Building Plant (NKMZ, Kramatorsk, Donetsk Oblast) ended 2025 with net sales revenue of UAH 1.485 billion, which is 29.6% higher than the corresponding figure for 2024.
According to the financial report published on the plant’s website, the plant incurred a loss of UAH 127 million, whereas in 2024, net profit amounted to UAH 36.3 million.
The plant’s gross profit was UAH 331.2 million—12.5% less than in 2024—but the loss from operating activities nearly doubled to UAH 141.3 million.
Products worth UAH 1.191 billion were exported, accounting for 80.2% of total revenue (82% a year earlier).
India was the largest importer of the plant’s products, with shipments to that country increasing by 10.2% over the year to UAH 615.2 million.
Exports to Kazakhstan increased 2.4-fold to UAH 43.7 million, to Lithuania by 32% to UAH 167.2 million, while exports to Slovakia decreased by 35% to UAH 60.3 million.
At the same time, new export markets included Bulgaria (90 million UAH) and Uzbekistan (3.8 million UAH). Exports to all other countries increased by 52% to 215 million UAH.
Supplies to Ukrainian customers increased by 43.5% to 293.7 million UAH.
According to the plant, in physical terms, the volume of shipments within Ukraine amounted to 1,500 tons; to Asian countries—4,250 tons; to Europe—2,700 tons; to Africa—313 tons; and to the Americas—43 tons.
“The marketing strategy of PJSC ‘NKMZ’ is to maintain and expand strategic market segments and increase its presence in the countries of Eastern, Central, and Western Europe, the Middle East, Central Asia, and Africa,” the report states.
At the same time, the plant notes that markets in developed countries are characterized by a high level of competition due to the high activity of heavy machinery leaders, as well as local European and Asian manufacturers.
“The mining and processing equipment market is also characterized by intense competition from American equipment manufacturers: Caterpillar, P&H Mining Equipment, and European companies such as Metso Minerals, ABB, Sandvik (Sweden), and Demag (Germany),” the document notes.
Competition in the market for metallurgical plant equipment is driven by the presence of major engineering companies such as Danieli (Italy), SMS Demag (Germany), and Primetals Technologies (UK).
“In addition, numerous manufacturers from China are expanding their presence in all these markets, characterized by low prices and favorable supply terms (credit agreements, payment deferrals, etc.),” NKMZ notes.
NKMZ considers the European market to be the most promising in the near future.
In 2025, NKMZ invested UAH 12 million in production development, including UAH 7.7 million in machinery and equipment and UAH 4.3 million in workshop facilities.
The value of contracts signed but not yet fulfilled as of the end of last year amounted to 667.31 million UAH, with expected revenue from their fulfillment totaling 170.4 million UAH.
The plant reiterates that it is located in a frontline area, and a key factor remains its operations “under conditions of Russian military aggression against Ukraine.” This results in a significant reduction in production volumes and leads to an irregular nature of production and business activities.
NKMZ is a city-forming enterprise in Kramatorsk, the largest in Ukraine in the production of rolled, metallurgical, forging and pressing, hydraulic, mining, lifting and transport, hydraulic, and railway equipment.
As reported, NKMZ’s operations were forced to shut down with the start of Russia’s full-scale military invasion of Ukraine, and it began partially resuming operations on October 1, 2023.
The plant ended 2024 with a net profit of 36.3 million UAH, while in 2023 the loss amounted to 856.93 million UAH; net revenue grew 3.2-fold to 1.15 billion UAH, with 82% of production exported.
As reported, NKMZ shareholders plan to allocate UAH 223.314 million in retained earnings to dividend payments at the meeting on April 28.
