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KrAZ Group Companies Operate as one Team in 2016 toward a Result

19 January, 2017
 

 All the companies of KrAZ Group with Kremenchug Automobile Plant at the head reported stable operation without shocks and losses.

The head company, PJSC “AutoKrAZ”, reports increase in production of semi-trailers by 20 percent, trailers by 47 percent, castings by 20 percent and spare parts by 3 percent as compared to 2015. Export sales account for 53%, while the rest was intended for domestic market. Export ration went up 14 percent in 2016 from the previous year.

Other companies of the group also reported strong growth of sales in 2016. Sales of PJSC “Tokmak Press-Forging Plant” went up 21,2 percent, “Poltava Brake Components Plant” saw increase in sales almost by 9 percent,  sales of “Avtoradiator” (Mariupol) grew 6 percent,  “Kherson Propeller Shaft Plant” maintained its sales almost on the level of 2015. 

PJSC “Kamenets-Podolskavtoagregat” and “KrAZ-Leasing” are outsiders in terms of annual performance figures but had a good performance amidst decline in the industry.

Currently KrAZ group companies employ about 5 000 workers. The head company, PJSC “AutoKrAZ”, leads the way by placing orders and mastering production techniques to substitute imported products.

In 2017 all the companies of the group are focused on increase of their sales, development, upgrade, expansion of presence in the markets. Intensive efforts are taken to improve quality and marketability of products, reduce costs and save energy.

 

 

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