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Corum Krivorozhsky Plant of Mining Equipment Summarises Results of Professional Contest

Corum Krivorozhsky Plant of Mining Equipment Summarises Results of Professional Contest
“Every year, our professional contest proves that our plant’s employees are real masters of their craft. It is demonstrative that among the finalists, there are both ten years’ experience employees and young staff. It suggests that young people show their ambitions and quickly gain new skills. The experienced employees do not lose their enthusiasm to improve themselves, achieve good results and win, either. In our turn, we try to do our best to support them”, Aleksandr Seliverstov, Director of the Open-pit Mining Division - Corum Krivorozhsky Plant of Mining Equipment, commented the event.

Professional contests are held at all Corum Group’s companies every year. They are aimed at facilitating an increase in labour efficiency and the quality of the manufactured products; they also help encourage the employees for their achieving high labour results and continuous improvement of their professional knowledge and skills. The contest consists of two parts, theoretical and practical. The employees of categories 5 and 6 nominated by heads of manufacturing workshops undergo written tests of their professional knowledge and the knowledge of the requirements of the occupational and industrial safety regulations. After that, they make practical assignments specially prepared by the contest jury. The contest participants are assessed according to such criteria as the speed and the quality of work, the knowledge of theory, the compliance with the occupational safety regulations, the organisation of workplaces and the appearance. Following the results of all selection tests, the points that the employees received are summed up to receive their final contest result.

Information about the plant
Corum Group is represented in Kryvyi Rih by its company Corum Krivorozhsky Plant of Mining Equipment. In 2014, the plant began manufacturing the first full-fledged machinery and equipment for the mining industry, such as plate feeders, retractable conveyors, pumps, spiral classifiers. Before that, the plant was specialised in manufacturing spare parts for mining machinery and equipment. The Group’s repairing production is concentrated in Kryvyi Rih, too.

Information about the Group
Corum Group is one of the largest manufacturers of machinery and equipment and suppliers of comprehensive solutions in the mining industry.
Corum Group today comprises the Underground Mining Division, the Division of Projects in Infrastructure, the Open-pit Mining Division and the trading companies and representative offices in Ukraine, Russia, Belarus, Kazakhstan, Vietnam, Poland and China.
The Group’s key customers are 14 largest mining holdings, whose assets include 150 mines and pits. Corum’s machinery and equipment are operated at mining facilities in 15 countries of the world. During the first six months of 2015, the Group’s consolidated revenue increased by 12.6%, with the increase during Quarter 1 of 7.7%. Corum Group’s financial indicators (first six months of 2015 VS second six months of 2014): consolidated revenue: UAH 832.7 million (+12.6 %); volume of concluded contracts: over UAH 938 million (+6.9%); share of export: 32.5% (+11.1%); share of service: 66.5% (at the previous level).
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