In H1 Kamensk-Uralsky Foundry Works received 74 million rubles of net profits, up by 20 million rubles YoY.
The funds earned will be invested in the reconstruction of the friction plates manufacture under the Federal target program.
“The Federal target program is a very serious part of our manufacturing process. It will allow Russian special machines to get local spare parts, decreasing the dependence on imports”, the company CEO Anatoly Baranov noted. (Ukrainian metal)