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Sumy Frunze not planning to decrease production in 2008

Sumy Frunze not planning to decrease production in 2008

13 November 2008

Sumy Frunze (SMASH) General Director Igor Ivanov told Interfax that the plant is not planning to cut output this year as a result of the global financial crisis. Ivanov said that the company has a full order book and confirmed orders for 2009-2010. He said Sumy Frunze’s volume of sales increased 40% yoy to USD 256 mln in 9M08.

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