KMZ Industries (Karlivka Machine-Building Plant, KMZ, Poltava region) installed five elevator complexes in Cherkasy region in July 2024, the company’s press service reported on Facebook.
According to the report, in July, the construction and installation division of KMZ Industries simultaneously carried out work at all five facilities, including an elevator complex with a storage capacity of 30 thousand tons.
“We finished work at one site and immediately moved to another. This year is a very active season in Cherkasy region, where both farms and processing companies are expanding their storage capacities and upgrading elevator equipment. There is still a lot of work to be done,” said Ruslan Demchuk, regional representative of KMZ Industries.
KMZ Industries is the largest manufacturer of elevator equipment in Ukraine and produces a full range of equipment, including silos, grain dryers, transport equipment and separators, as well as provides automation and installation services. According to the company, it has sold more than 5,000 facilities. In 2012, the company acquired the assets of Brice-Baker (UK), one of the leading suppliers of elevator equipment in Europe, and in April 2021 announced a merger with the elevator business of Variant Agro Bud LLC.
According to the Clarity Project, in 2023, KMZ reduced its net profit by 3.9 times compared to 2022, to UAH 15.8 million, with revenue falling by 20% to UAH 650.2 million.
The plant ended the first quarter of this year with a net profit of UAH 35.4 million, up 3.9 times compared to January-March 2023, and revenue increased by 3.3% to UAH 71.7 million.
Dragon Capital Investments Limited (Cyprus), the ultimate beneficiary of which is Tomas Fiala, owns 80% of KMZ JSC shares, while Variant Agro Bud LLC owns 20%.
KMZ Industries (Karlivka Machine-Building Plant, KMZ, Poltava region) has fulfilled another export contract for the comprehensive supply of equipment for the construction of an elevator complex in Romania, according to the plant’s website.
“We manufactured and shipped silos, transportation and gravity equipment to the customer in a timely manner,” the statement said.
The supplied equipment includes two conical silos with a diameter of 5.5 m and eight tiers with a capacity of 210 tons of wheat grain each, two elevators with a capacity of 50 tons per hour, an elevator tower, two chain conveyors with a capacity of 50 tons per hour, a conveyor gallery and a set of gravity equipment.
The press service notes that the facility is actively undergoing installation work and this season the silos will receive the first grain stored there before being sent for processing.
“The peculiarity of Romanian farmers is their desire to avoid earthworks as much as possible, so the acceptance of agricultural products at their elevator complexes is carried out using an above-ground silo and elevators without burial. In particular, at the request of the customer, all metal structures (elevator tower, gallery, supports) were also designed and manufactured by KMZ Industries,” Oleksandr Tkachenko, Head of Exports at KMZ Industries, was quoted as saying in the statement.
According to him, the logistics of shipping elevator equipment from Ukraine to Romania is well established, and there are no problems with it.
“The delivery time may still be affected by the lack of truck drivers authorized to cross the border and queues at border crossings, which makes transportation take more than a week.
Therefore, both Romanian customers and Ukrainian producers take these factors into account to avoid the risk of extending the construction time,” Tkachenko added.
As reported, KMZ Industries carried out the first comprehensive supply of a set of elevator equipment for a farm in Romania in 2020, as part of the contract concluded after winning the tender.
KMZ Industries is the largest manufacturer of elevator equipment in Ukraine and produces a full range of equipment, including silos, grain dryers, transport equipment and separators, as well as provides automation and installation services. According to the company, it has sold more than 5,000 facilities. In 2012, the company acquired the assets of Brice-Baker (UK), one of the leading suppliers of elevator equipment in Europe, and in April 2021 announced a merger with the elevator business of Variant Agro Bud LLC.
According to the Clarity Project, in 2023, KMZ reduced its net profit by 3.9 times compared to 2022, to UAH 15.8 million, with revenue falling by 20% to UAH 650.2 million.
The plant ended the first quarter of this year with a net profit of UAH 35.4 million, 3.9 times more than in January-March 2023, and revenue increased by 3.3% to UAH 71.7 million.
KMZ Industries (Karlivka Machine-Building Plant, KMZ, Poltava region) has agreed with the Ukrainian subsidiary of Fairfax Financial Holdings Limited, ARX (the largest insurance company in Ukraine), to insure its elevators against military risks to reduce the risks of losses for agricultural producers, the company’s press service reported on Facebook.
“Today, Ukrainian farmers continue to build and expand capacities at their own risk (…), as the consequences of arrivals can be of different scales. Since 2022, our specialists have carried out a number of repair and restoration works at elevators damaged by debris, and therefore we know how big business losses can be due to this factor,” KMZ Industries Deputy CEO for Development Borys Rybachuk explained, as quoted in the statement.
He emphasized that although KMZ Industries, thanks to the experience gained during the military invasion of the Russian Federation, offers its customers solutions that will optimize and reduce the cost of repairs for farmers, the availability of insurance can fully or partially save them from financial costs in the event of an insured event.
KMZ Industries expects that the war risk insurance service will be relevant and in demand among both small farms and large companies, as they will be able to obtain insurance coverage for a small payment compared to the indemnity limit.
The Property Insurance against Military Risks service provided by ARX covers loss or damage to the insured property solely as a result of direct and/or indirect impact from missiles, UAVs of any type, aircraft munitions, air and missile defense equipment, and any of their fragments.
The annual insurance fee is calculated individually, taking into account the location, area and value of the property.
ARX Insurance Company is a part of the international Canadian insurance group Fairfax Financial Holdings, which has been operating in the Ukrainian market for 26 years, 11 of which have been under the AXA Insurance brand.
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, assembles 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%.
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%.
KMZ Industries (Karlovsky Machine-Building Plant, Poltava region), continues to implement contracts for the supply of equipment in the conditions of the armed invasion of Ukraine by the Russian Federation, now the company supplies products for granaries in Vinnytsia, Lviv and Cherkasy regions.
The implementation of existing and conclusion of new contracts in the current season is reported on the Facebook page of KMZ on Friday.
According to the company, silos and transport equipment are currently being delivered for the construction of a granary with a total capacity of 60,500 tonnes in Vinnytsia region.
“In Lviv region, we are completing connection to power lines and commissioning at a farm silo. It will be able to receive 3,000 tonnes of grain. In addition, next week we will complete the shipment of transport equipment with a capacity of 175 tonnes per hour to Cherkasy region,” KMZ Industries added.
KMZ Industries produces silos on a flat base, cone bottom, flour storage silos, mine grain dryers Brice-Baker (British design) and chipboard (Ukrainian design), transport equipment (elevators, chain, belt and screw conveyors), separators for grain cleaning, installs and automates elevator equipment and technological processes at granaries.
As of the fourth quarter of 2021, Dragon Capital Investments Limited (Cyprus), whose ultimate beneficiary is Tomas Fiala, owns 80% of the shares of KMZ Industries, Variant Agro Bud LLC holds 20%.
KMZ Industries (Karlivka Machine Building Plant, Poltava region), a leading supplier of integrated solutions for grain storage and processing in Ukraine, in 2020 will provide Batkivschyna farm LLC (Chernihiv region) with transport equipment (conveyors and elevators) as part of the next expansion of the customer’s elevator capacity.
According to a press release from KMZ Industries, the agricultural enterprise with which the plant has been cooperating for the third year will be supplied with 13 chain conveyors with a total length of 300 meters and five bucket elevators with a capacity of 175 tonnes/hour with a total length of 198 meters.
According to the press service, in October of this year, KMZ Industries installed four grain storage silos for Batkivschyna out of the eight delivered by the plant back in 2017 with a total volume of 136,000 cubic meters of one-time storage (four more were installed at the end of 2019).
“This year Batkivschyna LLC has fixed a new record of wheat yield in our country at 10.1 tonnes/ha. And it will be stored in the silos of our production,” the press service said citing head of the regional office of KMZ Industries Vladyslav Perekhodko.
KMZ Industries manufactures silos on a flat base, with a conical bottom, silos for storing flour, Brice-Baker mine grain dryers (British design) and particle board (Ukrainian design), transport equipment (bucket elevators, chain, belt and screw conveyors), separators for grain cleaning, assembles and automates elevator equipment and technological processes at granaries.
