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KrAZ Group Companies Announce Increase in Sales in 2015

20 January, 2016

Strategic partners of Kremenchug Automobile Plant, the companies, which are a part of KrAZ group, reported positive performance results based on annual figures.

The head company, PJSC “AutoKrAZ”, sold over UAH 1,9b worth of products, 10 percent up from 2014’s figure. These are the highest sales in money terms among the group companies. Export sales accounted for 36,5 percent of the total sales, most products were intended for sales in the inner market.

Other companies of the group also reported strong growth of sales in 2015. Sales of PJSC “Kamenets-Podolskavtoagregat” went up 63,3 percent (to UAH 25,5m) as compared to 2014. 98,3 percent of products were sold in the domestic market. Sales of “Avtoradiator” (Mariupol) grew 87 percent: the company sold UAH 20m worth of products to domestic customers.

Based on performance results achieved within 12 months of 2015 PJSC “Poltava Brake Components Plant” saw increase in sales to UAH 131m and in the number of shipped products by 26,3 percent from a year ago. The company sold over UAH 110m worth of products, over 16m of consumer goods (22,6 and 34 percent  up from a year ago respectively). Export sales accounted for 69,7 percent of the total number of shipped products in 2015 with brake components accounting for  79,3 percent. It should be noted that “PAAZ” could increase export sales by 13 percent as compared to 2014. Deliveries to Belarus grew 17,7 percent, to Hungary  94,8 percent,   to Uzbekistan  113,8 percent,  to Vietnam  50,4 percent, to Lithuania 3,4 times.

PJSC “Tokmak Press-Forging Plant” reports 5 percent increase in sales in 2015, the company sold UAH 75m worth of products (94 percent in the market of Ukraine).

“Kherson Propeller Shaft Plant” saw its highest sales in 2015. The company increased its sales almost by 7 times (to UAH 16,8m) from a year ago. KrAZ-leasing maintains its sales figures achieved in last year.

Currently KrAZ group companies employ about 5 500 workers. The head company, PJSC “AutoKrAZ”, for which the group companies master production techniques and manufacture their products, leads the way. In 2016 all the companies of the group intend to increase their sales having all the prerequisites for that. The companies plan to increase production, master production techniques to manufacture new products for import substitution, enter new markets, improve the quality and marketability of their products.

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