"Energomashspetsstal" plans to double the sales in 2020

PJSC "Energomashspetsstal" (EMSS) plans in 2020 to produce and sell marketable products in the amount of 3 billion 710 million UAH to 1 billion 940 million UAH received by the end of 2019. This is stated in the documents for the annual General meeting of shareholders following the results of activity of PJSC "Energomashspetsstal" for 2019.

"Despite the decline in demand in foreign and domestic markets, increasing competition from Asian manufacturers, the availability of excess capacity in enterprises in the Eurozone, PJSC "EMSS" it is possible to preserve the accumulated potential and to maintain a stable economic condition", - is spoken in the report of the General Director of the company Vitaly Gnezdishko.

He told the shareholders that "Energomashspetsstal" managed in 2019 to produce products almost the same as last year – the volume of commercial production in 2019 amounted to 2 billion 260 million UAH, which accounted for 94% of made in 2018. The output of liquid steel was 59.3 thousand tons, the volume of forgings – 37.9 thousand tons, the volume of the casting amounted to 3.2 thousand tons.

"For 2019, sold 85.8% of the produced goods worth 1 billion 940 million. The basic consumers of production of the enterprise: Germany, Kazakhstan, China, Finland, USA, France, Poland, Romania, Belgium and others. Implemented market entry roller products USA, Brazil and Mexico", – the document says.

the report Also noted that, along with the production task, one of the main directions of the strategy of PJSC "Energomashspetsstal" is targeted on ensuring the social protection of workers:

"Every worker of the society perceives the performance of your business with regular payment of salaries and social services that are growing, which means that there is confidence in the future. So, in February 2020, the average salary amounted to 18 795,6 hryvnia, which corresponds to its growth is 24% compared to February 2019. I hope that we will be able to preserve the accumulated social level in this difficult time."

PJSC "Energomashspetsstal" (Kramatorsk, Ukraine) – the largest Ukrainian manufacturer of special casted and forged products of individual and small-scale production for metallurgy, shipbuilding, power industry (wind-, steam-, hydro-, nuclear) and General engineering.