ZTR sales are increased for 58% in the year 2011

Results of company activity of the year 2011 as well as plans for the year 2012 were approved within the General meeting of “Zaporozhtransformator” (ZTR)PJSC shareholders performed on February 23 of the current year.  Volume of “Zaporozhtransformator” PJSC production realization in the year 2011 made up UAH 3 billion 717 million 412 thousand, that is 58% higher than sale volume of the year 2010.Benefit in amount UAH 912,5 mln. was received according to results of the year 2011.

«For our company the year 2011 has become the first year after crisis when we have returned to large volumes of orders and production, mentioned Igor Kleyner, General Director of “ZTR” PJSC.  – Our activity as for improvement volumes of Foreign Countries has brought its benefits: we have re-established    our positions in Argentina, have signed new contract as for delivery for 33 transformer to India, continue participation in tenders mutually with Indian partner Crompton Greaves Ltd. as for delivery of reactors.    It should be mentioned such significant event as production and delivery of for transformers for USA”.

In the year 2011 volume of ZTR production made up 41,2 GVA against 26,3 GVA of the year 2010. Plan of the Company to provide level of production more than 50 GVA in the year 2012 was approved at the meeting.

22.02.2012

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