Frunze Scientific Association plans to increase sales by 12%

The Sumy Machine -Building Scientific Production Association (NGO) named after Frunze published its business plan for 2012.

The company included in the Energy Standard group, businessman Konstantin Grigorishin, plans to invest in the technical development of 80 million UAH of its own funds in 2012. Investments will be aimed at the construction and reconstruction of facilities, updating fixed assets, the introduction of computer technologies in the automation of production management and systems of concractor-technological design. Additional funds are planned to be invested in measures for the protection and security of the enterprise, on the development of transport facilities.

NPO NPOs Frunze planned for 2012 to increase the exports of his products by almost double. Active promotion of their main products - piston compressors in the markets of North Africa and Algeria, Tunisia, Egypt and increased sales in Iran should give the association such growth.

One of the main consumers of products this year will be Uzbekistan due to the participation of NPO n) in the Frunze NPO in the project of the Mubarek GPZ. In general, they predict the enterprise, deliveries to the CIS countries will not change significantly (in 2011, the share of exports to these countries amounted to 82.5%), but it is planned to increase the shipment of production by 19% mainly due to the transitional contracts of 2011 to Russia. The company expects revenues from contracts in the amount of about 1.3 billion UAH.

Sumy NGO named after Frunze is one of the largest GPA producers in Europe and the complete compressor stations for various purposes; centrifugal, vacuum, chemical pumps; centrifuges, equipment for chemical, gas and oil refining industries.