Friday, January 8, 2016

Kryukovskiy plant goes off the track as it loses Russian market

The Kremenchug-based firm KremTex, which was founded on the basis of a clothing factory, increased output by 38.6% in 2015, compared with 2014. At the same time, the local confectionary and dairy stepped up production by some 37% and 19% respectively. Unfortunately, the Kryukovskiy railroad car building plant has reduced output by the whopping 84.9% over the course of 10 months of 2015 because it lost the Russian market.

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