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.
JSC “Novokramatorsk Machine-Building Plant” (NKMZ, Kramatorsk, Donetsk Oblast) ended 2025 with a loss of UAH 127.1 million, whereas in 2024, net profit amounted to UAH 36.3 million.
According to financial indicators published in the NSSMC’s disclosure system in the appendix to the notice of the company’s general meeting of shareholders on April 28, retained earnings as of the beginning of the current year amounted to UAH 1.993 billion (as of the beginning of 2025 – UAH 2.343 billion).
NKMZ’s total assets decreased by 7% over the year to UAH 5.634 billion; in particular, total accounts receivable fell by 9% to UAH 493.9 million.
The company reduced its current liabilities by 21.4% to UAH 536.7 million; there were no long-term liabilities.
The equity of NKMZ as of the beginning of 2026 was UAH 5.097 billion; the authorized capital remained unchanged at UAH 89.3 million.
According to the draft resolutions of the shareholders’ meeting, it is planned to cover the loss incurred in 2025 using retained earnings.
At the same time, it is planned to allocate a portion of retained earnings in the amount of UAH 223,314 thousand for the payment of dividends at a rate of UAH 1,000 per share (with a par value of UAH 400).
As reported, from May to November 2025, the company also paid out UAH 223.3 million in dividends (UAH 1,000 per share), allocating all net profit for 2024 and UAH 186.98 million in previously unused profit toward these payments.
At the meeting, shareholders plan, in particular, to elect a new composition of the supervisory board, reducing it from five to three members, while proposing to re-elect the company’s vice president, Dmytro Skudar, as chairman of the supervisory board for a new term, as well as to include another member of NKMZ President Heorhiy Skudar’s family—V. Skudar—in its composition. It is also proposed to re-elect Irina Varaksina as deputy chair of the supervisory board for a new term.
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.
NKMZ did not publish its financial and operational results for 2025, but in January–September 2025, its net sales revenue amounted to UAH 1.174 billion (+51% compared to the same period in 2024), and 78.3% of total revenue came from exports. India was the largest importer.
The plant noted that it is located in a frontline area, and a key factor remains its operations “under conditions of Russian military aggression against Ukraine.”
The number of employees as of early 2025 was 5,660.
According to the NSSMC, as of the fourth quarter of 2025, company president Georgiy Skudar owns over 8.97% of the shares in PJSC “NKMZ,” while Galina Savenko and Olena Yakovleva hold stakes of nearly 33.586% and 33.63%, respectively (according to media reports, Skudar’s daughters – IF-U).
According to the YouControl resource, in 2025 NKMZ increased its net revenue by 29.6% compared to 2024 – to 1.485 billion UAH.
Novokramatorsk Machine-Building Plant (NKMZ, Kramatorsk, Donetsk region) ended January-September of this year with a loss of UAH 108.9 million, while for the same period last year, net profit amounted to UAH 73.7 million.
According to the financial report published on the plant’s website, net income increased by 51% to UAH 1 billion 174 million.
NKMZ received UAH 268 million in gross profit, up 6%, with UAH 92.6 million in operating losses (UAH 2.4 million for the same period last year).
Products worth UAH 919.6 million were exported, accounting for 78.3% of total revenue (82% a year earlier).
India was the largest importer of products, with deliveries increasing by 15.5% to UAH 423.8 million. Exports to Lithuania increased by 57.5% to UAH 137.8 million, to Poland by 3.6 times to UAH 12.4 million, and to
Kazakhstan amounted to UAH 17 million compared to UAH 1.1 million last year.
Products were also supplied to countries to which there were no deliveries in January-September 2024, in particular, to Bulgaria – worth UAH 84.3 million, and China – worth UAH 48 million.
Deliveries to Ukrainian customers increased by 86.4% to UAH 254.7 million.
As reported, the plant ended the first half of this year with a loss of UAH 61.2 million, which is seven times more than in the same period last year, with net income more than doubling to UAH 795.5 million.
Thus, in the third quarter of this year, NKMZ incurred a loss of UAH 47.7 million, while in the same period of 2024, net profit amounted to UAH 82.2 million. Net income decreased by 5% to UAH 378.7 million.
“The company’s activities in the fourth quarter of 2025 and in 2026 will most likely be limited,” the report states.
NKMZ reminds that the company is located in the frontline territory, and the most important factor remains its activities “in the context of the Russian Federation’s military aggression against Ukraine.” This has led to a significant reduction in production volumes and has resulted in the irregular nature of production and economic activities. In particular, in October-December of this year, it is expected to manufacture and sell commercial products worth UAH 327 million, 5,000 tons of liquid steel (4,800 tons were produced in the third quarter), 300 tons of steel castings (284 tons), 3,600 tons of forgings (3,570 tons), and 5,700 model sets and packages (5,370) are expected to be produced and sold.
“The draft production plans for 2026 include 12,000 tons of machinery and equipment for the metallurgical, mining, and construction industries, lifting and loading and unloading equipment, and spare parts,” the report says.
According to the report, the value of contracts concluded but not yet fulfilled as of September 30, 2025, amounted to UAH 672.95 million. The expected profits from their fulfillment are UAH 171.87 million.
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.
As reported, NKMZ’s capacities were forced to be mothballed with the start of the full-scale military invasion of Ukraine by the Russian Federation, and on October 1, 2023, it began to partially resume operations.
The plant ended last year with a net profit of UAH 36.3 million, while in 2023, the loss amounted to UAH 856.93 million, and net income increased 3.2 times to UAH 1.15 billion, in particular, products worth UAH 941.3 million (82%) were exported.
For the current year, the plant has preliminarily planned to increase sales by 81.5% compared to 2024, to UAH 2.08 billion.
The number of employees at the beginning of 2025 was 5,660.
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.
