Sumy Frunze to increase output by 40% yoy in 2008
18 December 2008
According to the company’s press-release, Sumy Frunze (SMASH) expects to increase its output by 40% yoy to UAH 1.92 bln in 2008. The company’s sales are anticipated to surge by 51% yoy to USD 425.4 mln. According to the management, the sales growth is mainly attributable to improvements in a production planning process at the enterprise and a growth of the market for gas-compressor units.
