The Ukrainian Metal

Ukraine: Corum Group to double investments in 2016

In 2016 Corum Group plans to increase its investments into development 2 times, or by 44.6 million UAH, to 87.6 million UAH.

“Last year Corum invested 43 million UAH into its manufacturing capacities. This year we plan to double them”, said the company CEO Yakov Sidlyarenko.

Corum Group is Ukraine’s largest mining equipment producer.

In January-September 2015 its revenues fell by 5% YoY, to 1.2 billion UAH. (Ukrainian metal)

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