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Zaporizhtransformator's Sales Grow By 65% In 2005 To USD 110 mln.

Zaporizhtransformator's Sales Grow By 65% In 2005 To USD 110 mln.

10 February 2008

In 2006 the company (ZATR) plans to increase sales by 36%– to USD 150 mln. Russia accounted for 41% of Zaporizhtransformator’s sales, Kazakhstan –21%, non-CIS countries – 14%, and Ukraine – 12%. Expansion CapEx accounted for USD 4 mln last year. The company’s orders for 2006 include two transformers for USD 3 mln in total for Khabarovskenergo (Russia), four transformers worth EUR 3.4 mln for Siemens and a USD 0.86 mln transformer for VATCO (Vietnam).

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