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“”PAAZ” Finishes 2017 on a High Note

23 January, 2018

“Poltava Brake Components Plant”, a company of “KrAZ” group, saw significant sales growth of 21 percent in 2017 from a year ago. Last year’s results show that the company sold over UAH 173,3m worth of products. Sales of brake components make up over UAH 133,8m (up 16,5 percent from 2016), sales of consumer goods exceed UAH 33,1m (up  44 percent).

_Export sales in 2017 make up 70,7 percent, where export sales of brake components account for 79,3 percent.  As compared to the same period of 2016 the company saw 64 percent increase in deliveries to the Republic of Belarus, 65,7 percent increase in deliveries to Kyrgyzstan, more than 5-fold to Kazakhstan, more than 9-fold to Uzbekistan, more than 8-fold to Georgia. The company supplied its products to new customers in Sweden and Moldova.

Generally, export sales at year end 2017 went up 17,1 percent from 2016. Last year supplies to the head company of “KrAZ” group, Kremenchug Automobile Plant, grew more than 22 percent. PAAZ’s priorities include production ramp-up, mastering the manufacture of new products, expansion into new markets and growth of market share in existing markets. 

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