Zaporizhabrazyv Increases Output By 10.3% To USD35.4 Mn In 2004

The company’s sales grew by 12.7% to USD 42mn. It also exported 74.4% of its output. The company intends to invest USD 6.5mn in capacity development by spending on technology improvement and modernization. 64.94% of the company belongs to ?Brinkford? (controlled by emergency affairs minister David Zhvaniya), and 15% is owned by the state. Previously, Ukraine set a 45.3% import tariff for abrasive instruments at four years, starting from March 18.