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“PAAZ” Reports Increase in Sales in Third Quarter and Since the Beginning of the Year

07 October, 2016

Results achieved for 9 months by KrAZ group company, “Poltava Brake Components Plant”, show increase in sales from the same period of previous year.  The company has sold UAH 97m worth of products for this period, up 8,5 percent from the same period of last year, with sales of brake components worth of over UAH 76m (up 3,1 percent), sales of consumer goods worth of UAH 12m (up 41 percent).

Export sales of products shipped within January-September period account for  67,8 percent, with export sales of brake components accounting for  78,9 percent. As compared to the previous year export sales went up 3,6 percent primarily due to increase in sales to CIS countries, particularly to Belarus  - up to 56,2 percent.

It should be noted that the third quarter of this year is the most successful as compared to the same period of previous year and both first and second quarter of this year.  Increase in sales for July-September compared to:

- the first quarter of 2016 is  60 percent, where sales of brake components grew 45 percent, while sales of consumer goods grew 2,6 times;

- the second quarter  is 49 percent, where sales of brake components went up %, while sales of consumer goods grew 77 percent;

- the third quarter of  2015 is 20 percent, (sales of brake components -  24 percent, sales of consumer goods – 18 percent ).

The staff of “PAAZ” is focused on increasing sales and takes efforts to prepare manufacturing facilities for operation in winter and improve quality of their products. 

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