The consolidated net profit of PJSC Motor Sich in the first quarter of 2017 according to the international financial reporting standards (IFRS) amounted to UAH 1.457 billion, up 4.8-fold YoY (UAH 304.67 million), according to the company’s quarterly report. According to its data, net sales income in January-March this year increased by 63.4%, to UAH…
UBC Group (Kharkiv), a commercial and industrial holding working in the field of refrigeration appliances, will launch the first stage of a refrigerator plant in Vinnytsia in autumn. “We now have a problem with production capacities. We need new production capacities to increase the market share in Western Europe and America. And we are building…
Kazakh car plant SaryarkaAvtoProm, located in Kostanay, started the production of Chevrolet NIVA cars from the car kits supplied from Tolyatti, Russia, GM AvtoVAZ said in a message on April 10. GM AvtoVAZ and SaryarkaAvtoProm signed an agreement on delivery of car kits in January. Kazakhstan is one of the most important export markets for…
Ukrainian Prime Minister Volodymyr Groysman has discussed the establishment of production in Ukraine with Skoda Auto Board Chairman Bernhard Maier. The press service of the Ukrainian government reported on April 4, that Skoda Auto in cooperation with its local partner – Eurocar – had been manufacturing a wide range of Skoda cars since 2002. “Now…
The first presentation of Belarus compact tractors made at the Bobruisk Plant of Tractor Parts and Units took place at Junction 24, one of the largest livestock markets of the UK Sedgemoor Auction Center. The presentation of Belarusian products was organized by the Banwell-based company Belarus Tractors Ltd. Since 2016, this company has been the…
The share of tractors made by the Belarusian company MTZ in the total number of tractors in use in Russia is close to 85%, according to the MTZ site. Belarusian tractors remain leaders on the markets of Russia and Kazakhstan. It was confirmed by the figures voiced by representatives of MTZ trading houses during a…
Public joint-stock company AvtoKrAZ (Kremenchuk, Poltava region), the sole heavy truck producer in Ukraine, saw a 40% fall in net loss in 2016, to UAH 188.93 million. According to the revised information to the agenda of a general meeting of shareholders scheduled for March 30, uncovered loss as of January 1, 2017 totaled UAH 629.74…