South Ural Reinforcing Insulator Works to invest 100m RUR in its production capacity this year
5 April 2006 (11:50)
In 2005, the investments of Yuzhnouralskiy Armaturno-Izolyatorniy Zavod JSC (South Ural Reinforcing Insulator Works) into production base and launch of new goods amounted to 16.4m RUR. Over 6m were saved up due to the more effective production and purchases policy; the social expenses came to 8.672m. The company paid 115.3m in taxes, and profits reached the point of 609.850 RUR (1.6% better than a year earlier). The shipments for Russia went up by 34%, foreign export increased by over 10%.
In 2006, the company is going to raise profits by 35% and invest over 100m RUR into the company’s development, the company’s spokesperson said to UrBC representative.
In 2006, the company is going to raise profits by 35% and invest over 100m RUR into the company’s development, the company’s spokesperson said to UrBC representative.
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