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Tyazhmash BOD approved contract with Blansko Holding.

Nov. 29 Tyazhmash BOD approved an interest-bearing deal with СKD Blansko Holding, a.s., the company informed.

In particular, the 3.5ths euro worth equipment contract and agreement on the production of the working wheels and shafts for Sarapullo GES and Alluriquin (Ecuador) GES in the volume of 2.903mln euro were signed.

Tyazhmash (TIN 6325000660) is one of the oldest plants working in the energetic, metallurgic, building, petrochemical, agro sectors.

The IH 2013 net profit (RAS) gained 457.888mln rub. vs. 294.802mln rub. in losses prior year; revenues moved up 37.63% to 3.16bn rub. from 2.296bn rub.; profit from sales reached 616.467mln rub. vs. 339.15mln rub.; pretax profit - 632.532mln rub. vs. 359.812mln rub. in losses.

The 2012-net profit (IAS) rose 3.36 fold to 220.91mln rub. from 65.833mln rub. prior year; revenues - 21.14% to 8.869bn rub. from 7.321bn rub.; profit from sales - 8.29% to 2.691bn rub. from 2.485bn rub.; pretax profit - 74.34% to 315.767mln rub. from 181.122mln rub.

"AK&M", 11:09, 02.12.2013 1251 AKM,COR


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