In 2015 Corum Group received 632 million UAH of losses, down 3 times YoY. Its revenue went up by 7% YoY, to 1.7 billion UAH, while its EBITDA grew to minus 91 million UAH from minus 351 million UAH in 2014.
“We understand that the market situation is still complex. Low prices for raw materials and limited access to natural resources are the main blocking factors for investments. Still, all the transformations we made last year allow us to reach this year goals. We actively develop servicing and repairs”, said the company CEO Yakov Sidlyarenko.
Last year company export share went up to 28% from 21% in 2014. Services totaled 67%, up by 6% YoY. In 2015 the company invested some 15 million UAH into development. (Ukrainian metal)