AvtoKrAZ : “PAAZ” Achieves Good Results in the First Quarter

'Poltava Brake Components Plant', major supplier of brake components to Kremenchug automobile plant and long-term strategic partner, company of KrAZ group, announced strong growth of sales.

For the period January-April the company increased sales to UAH 45,8m from the same period of the previous year, with sales of brake components exceeding UAH 37,3m (20,5 percent up from the previous year's figure) and sales of consumer goods exceeding UAH 7,3 m (118 percent).

Export sales account for 77,9 percent of the total amount of products shipped since the beginning of the year, with export sales of brake components accounting for 84,5 percents. Deliveries to Belarus went up more than 10 percent from a year ago, the company shipped its products to new customers in Kazakhstan, Moldova and Georgia.

It should be noted that this April was very fruitful for 'PAAZ' in sales: growth of sales exceeded the previous year's figure by 48 percent, with growth of brake components sales exceeding by 37 percent the figure achieved in previous year and growth of consumer goods sales exceeding by 193 percent. Total sales went up 10 percent from March, with 10 percent increase in sales of brake components and consumer goods.