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…
Russian Lada cars are still the most popular brand in Kazakhstan, Kazakh Union of Automobile Industry Enterprises said in a message. In February official dealers in the country sold 467 Lada cars. Japanese Toyota was the second best seller in Kazakhstan with 465 cars sold in the reporting month. French Renault with 238 cars sold…
Minsk Tractor Works (MTZ trademark) plans to increase its exports by more than 10% as against 2016. The information is posted on the official website of the Belarusian Industry Ministry. The MTZ dealerships based in the European Union have recently held a conference in Vilnius. The event summed up the results of their work in…
A ceremony of handing the keys to the first owners of cars made in Kazakhstan and equipped with the ERA-GLONASS/EVAK alarm button took place in Ust-Kamenogorsk. Saloon LADA Vesta and crossover LADA XRay were the first offers of the domestic car industry, equipped with the emergency services. President of JSC Azia Auto Yerik Sagynbaev noted…
KTD Group, specializing in imports and production of household appliances (Saturn, Laretti, ST, Defiant brands), plans in March to begin production at a new plant in Cherkasy, which at the first stage will manufacture ovens and plans within a year to start producing refrigerators and convection heaters. “We are opening a plant in Cherkasy at…
The public joint-stock company Kharkiv Tractor Plant in 2017 will participate in military production cooperation and in work to fulfill the government’s military production, including the program to substitute domestic goods in the military sphere, Ukrainian president Petro Poroshenko said during a visit to the factory in Kharkiv. The head of state said the state…
Ukrainian businessman and President of DCH Group Oleksandr Yaroslavsky is interested in acquiring only a controlling stake in Turboatom (Kharkiv). “I will participate in the open tender to sell the controlling stake in Turboatom. Otherwise, who will?” he said. He also said that if a 20% stake was put up for sale, he did not…