Kazakh delegation pays visit to PoltavaMash

By Svetlana Sytina
The Ukrainian Times

Recently, the official delegation of the North Kazakhstan region has visited the Poltava-based engineering plant PoltavaMash. Manufacturing 200 kinds of products, PoltavaMash maintains close economic relations with post-Soviet republics.

The engineering plant exports 90% of its products to many countries. According to PoltavaMash chairman Alexander Grigorenko, a main source of plant’s incomes is production of the parts of power equipment and vanes of heat turbines in particular. Over the course of three years, the Poltava enterprise has organized production of 120 varieties of vanes for heat turbines. It is important to note that products trademarked “PoltavaMash” are 10 times cheaper than their counterparts made in West Europe.

Alexei Ivanischev, deputy head of the department of industrial and innovation development of the North Kazakhstan oblast, said the delegation visited the Poltava region to organize deliveries of goods and establish joint enterprises. For instance, the Ukrainian enterprise KhmelnikSelMash and the farm machinery plant, which is based in the Kazakh city of Petropavlovsk, have already established cooperation in production. That is why the Kazakh delegation included heads of agricultural enterprises.