Russia: ChMZ aiming at foreign markets

This year Chepets Mechanical Works intends to actively develop foreign markets by promoting its products.

“We understand, that if we want to further increase revenue, we have to enter the world markets”, the company CEO Deniz Anischuk said.

The company has already signed agreements on the supply of titanium products. (Ukrainian metal)

Russia: ChMZ profit up in January-September 2017

In January-September Chepets Mechanical Works received 1.73 billion rubles of net profit, up by 24% YoY.

Sales revenue reached 8.97 billion rubles, up by 2.5% YoY.

Since the start of the year the company has paid 1.52 billion rubles of taxes to the budgets of various levels. (Ukrainian metal)