Novokramatorsk Machine-Building Plant (NKMZ, Kramatorsk, Donetsk region) plans to increase production and sales by 81.5% in 2025 compared to 2024, to UAH 2.08 billion.
The relevant plans are contained in the company’s financial report for 2024, published in the NSSMC disclosure system.
“The company’s activities in 2025 will, with a high degree of probability, be limited. Based on these assumptions for 2025, production plans have been approved for 12,700 tons of machinery and equipment for the metallurgical, mining, construction, lifting, loading, and unloading industries, as well as spare parts,” the report says.
NKMZ notes that this year, the plant’s metallurgical production plans include the manufacture of 21.78 thousand tons of liquid steel, 120 tons of liquid pig iron, 1.1 thousand tons of steel castings, and 100 tons of pig iron, as well as 15.84 thousand tons of forgings.
“The development of projects for the promising further development of the enterprise, the formation of measures aimed at the successful operation of the enterprise, the creation of new equipment and research and development, the technical re-equipment and introduction of resource-saving technologies will begin after the end of the war in Ukraine,” the plant said.
At the same time, measures are planned for 2025 to conduct a supervisory audit of the quality management system by ISOaccelerator to confirm and extend the validity of the ISO 9001:2015 certificate.
The marketing strategy of PJSC NKMZ for the current year is to maintain and expand strategic market segments and increase its presence in Eastern, Central, and Western Europe, and Central Asia.
According to the report, in 2024, the main market segments for NKMZ PJSC products were Asia (54.4% of sales), Europe (24.9%), and Ukraine (17.9%).
In terms of total sales in monetary terms, 55.2% were rolling rolls, 18.1% were metallurgical and rolling equipment, 7.3% were mining and ore equipment, and other equipment accounted for 19.4%.
Investments in production development last year amounted to UAH 28.15 million.
As reported, in 2024, NKMZ’s net income increased 3.2 times compared to the previous year, reaching UAH 1 billion 146 million, with exports to European and Asian countries accounting for UAH 941.3 million (82%). Net profit amounted to UAH 36.33 million (in 2023, the company reported a loss of UAH 856.93 million).
At the same time, in 2024, Slovakia, Lithuania, Egypt, and Luxembourg joined Uzbekistan, Kazakhstan (where exports fell 12.3 times over the year), and India (where exports grew 31 times) as the largest importers of NKMZ products. Supplies within Ukraine increased 5.2 times to UAH 204.6 million.
NKMZ, whose capacity was forced to be mothballed with the start of the full-scale military invasion of Ukraine by the Russian Federation, began to partially resume operations in October 2023.
NKMZ is a city-forming enterprise in Kramatorsk, the largest in Ukraine in the production of rolling, metallurgical, forging and pressing, hydraulic, mining, lifting and transport, hydraulic and railway equipment.
Before the war in 2021, the company’s net income exceeded UAH 6 billion.
At the beginning of 2023, the average number of employees exceeded 7,200, and at the beginning of 2025, it was 5,660.
ASIA, EUROPE, EXPORT, NKMZ, PRODUCTION
PJSC Novokramatorsk Machine-Building Plant (NKMZ, Kramatorsk, Donetsk region) will pay dividends to shareholders totaling UAH 223.314 million in the period from May 29 to November 1 this year at the rate of UAH 1 thousand per share (par value UAH 400).
According to a publication in the NSSMC’s information disclosure system, the decision to pay dividends was made by the company’s general shareholders’ meeting on April 28, and the supervisory board on May 5.
According to the NSSMC, as of the fourth quarter of 2024, the company’s president, Georgiy Skudar, owns more than 8.97% of NKMZ shares, while Galina Savenko and Elena Yakovleva, respectively, own almost 33.586% and 33.63% (according to media reports, Skudar’s daughters – IF-U). Since December 2023, the Supervisory Board of NKMZ has been chaired by the company’s Vice President Dmytro Skudar.
As reported, the shareholders allocated the entire net profit of UAH 36.33 million received in 2024, as well as part of the previously unused profit in the amount of UAH 186.98 million, to pay dividends.
According to the company, retained earnings as of the beginning of this year exceeded UAH 2.34 billion.
According to the company, NKMZ’s net income in 2024 increased by 3.2 times year-on-year to UAH 1 billion 146 million, including exports to Europe and Asia worth UAH 941.3 million (82%).
In 2024, Slovakia, Lithuania, Egypt and Luxembourg were added to the list of NKMZ’s largest importing countries along with Uzbekistan, Kazakhstan (where exports decreased 12.3 times over the year) and India (where exports increased 31 times). Deliveries in Ukraine increased 5.2 times to UAH 204.6 million.
In 2023, the plant suffered a loss of UAH 856.93 million.
As reported, NKMZ, whose facilities were forced to be mothballed with the start of Russia’s full-scale military invasion of Ukraine, began to partially resume operations on October 1, 2023.
Last year, the workers were forced to stand idle from January 29 to March 1 “due to irregular production and economic activities, lack of centralized heating of production units and saving of fuel and energy resources.”
NKMZ is a city-forming enterprise in Kramatorsk and the largest in Ukraine for the production of rolling, metallurgical, forging and pressing, hydraulic, mining, lifting and transport, hydraulic and railway equipment.
As of the beginning of 2023, the average number of its employees exceeded 7.2 thousand, and as of the beginning of 2025, it was 5.660 thousand.
Novokramatorsky Machine Building Plant (Kramatorsk, Donetsk region), one of the leading enterprises of heavy engineering in Ukraine, has shipped equipment for the second stage of reconstruction of the drives of the rough mill of hot rolling at ArcelorMittal Temirtau (Kazakhstan).
“The production of complicated equipment was the result of winning a tender with the participation of Danieli and SMS, offering innovative design solutions and providing a guarantee of four years,” the company said in a press release.
The purpose of reconstruction is to replace the exhausted equipment and increase its crimping capacity in connection with the rise in thickness of the rolled slabs.
In autumn the plant specialists together with metallurgists from Temirtau will start installing the equipment, the total weight of which is 650 tonnes.
Novokramatorsky Machine Building Plant specializes in production of rolling, metallurgical, forging and pressing, hydraulic engineering, mining, lifting and transportation, specialized equipment, forgings, and castings.
