Business news from Ukraine

Business news from Ukraine

“Scania Ukraine” has delivered six dump trucks to Express Techbud construction company

Scania Ukraine has delivered six 30-ton dump trucks to construction company Express Tekhbud, the distribution company reported on Facebook.

“It is not so often that construction equipment is ordered now, so yesterday’s delivery of 6 Scania dump trucks to Express Techbud was a significant event for us,” the company said in a statement on Wednesday.

According to Scania Ukraine, cooperation with Express Techbud began in 2021, when the first 10 units of equipment were purchased.

“Currently, the client’s fleet includes 16 Scania P380B8x4HZ Euro5 dump trucks with a Scania P380B8x4HZ body (body heating, Hardox steel) with a technical carrying capacity of 30 tons,” the statement said.

The value of the contract was not disclosed.

Scania Ukraine, a distribution company with foreign investments, has been operating in the Ukrainian market since 1998 and in 2023 became the leader in Ukraine in the segment of trucks with a gross vehicle weight of more than 3.5 tons with sales of 710 vehicles (twice as many as in 2022).

According to opendatabot, in 2022, the company’s revenue amounted to UAH 1.65 billion (14.5% less than a year earlier), while net profit increased by 10.6% to UAH 91.38 million.

Express Techbud LLC is an industrial and transport company established in 2016 that specializes in road construction, transport logistics, building dismantling, drilling and blasting, and the extraction and production of granite crushed stone.

According to its website, the company owns three granite quarries in Ukraine. Its fleet of vehicles includes more than 300 dump trucks and 80 units of special equipment.

In 2022, according to opendatabot, its revenue amounted to UAH 338.28 million and its loss was UAH 3.3 million.

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