Zaporizhtransformator Doubles Sales In 2006, Looks To Repeat In 2007
16 January 2008
Zaporizhtransformator (ZATR) had sales of USD 207 mln in 2006, up from USD 108 mln in 2005. Additionally the company increased production by 90% yoy to set a new output record and claim the top spot among CIS producers of electrical transformers in terms of output. According to the company’s director, Ihor Kleiner, the company plans to begin a modernization program that will streamline the company’s operations and allow it to increase sales by 83.6% yoy in 2007.
