Business news from Ukraine

INVESTMENT OF ZORYA-MASHPROEKT IN RENEWAL OF FACILITIES IN 2016 TO REACH OVER UAH 160 MLN

11 March , 2016  

KYIV. March 11 (Interfax-Ukraine) – Zorya-Mashproekt (Mykolaiv) plans to invest over UAH 160 million in renewal of its production facilities in 2016, the press service of the enterprise has reported.

“The planned investment for renewal of production facilities of Zorya-Mashproekt in 2016 is estimated at UAH 163 million: the company is trying to maintain the level that meets the modern requirements to high-tech production. The company prefers model samples of equipment used in global gas turbine production when it selects suppliers,” the press service said.

The press service said that one of the areas for refit in 2016 will be geared production: Italian PAMA equipment has been installed early this year and it allows cutting time on production of geared. During the year the tool fleet of the geared division will be modernized with the new profile grinding machine made by Germany’s Gleason-PFAUTER and a system for final processing of bevel gears made in the U.S.

“Geared production at Zorya-Mashproekt is one of the best in Europe,” the press service said.

Zorya-Mashproekt is a world famous designer and manufacturer of gas turbine equipment, and a monopolist in the CIS market on the development and production of gas turbines for warships.