ChTPZ Group’s Revenues Reach 130bn RUR

6 December 2016 (13:21)

UrBC, Moscow, December 6, 2016. ChTPZ Group plans to sell over 1,700,000,000 kg of pipes by the end of the year, the company Director-General Alexander Grubman said in his interview to Interfax.

‘As we are now selling more goods that result in high margin profits, our revenues are expected to reach 130bn RUR by the end of the year, and approximately just as much next year,’ Grubman said.

According to Grubman, the demand for pipe products will come to around 9.2 to 9.3m tons on the Russian market this year; the executive believes next year’s figures will be more or less comparable.

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