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Enterprises of Mining Machines SIC Increased Considerably Production Indices and Export Sales in the First Half of 2011

05.10.2011

The machine-building plants owned by Mining Machines SIC increased the output of commodity goods according to the results of the first half year of 2011 as compared to the similar period of 2010. The production dynamics by individual types of equipment amounted to 41% to 383% and the share of export sales increased to 11.4%.

Thus, the output of shearers was increased by 41%, that of scraper conveyors - by 42%, transformer substations - by 60%, shields of powered roof supports - by 85%. The largest growth of production was recorded for pumping stations (138%) and belt conveyors (383%).

The share of export sales in the general structure of revenues increased twice and amounted to 11.4%. Among the countries, to which deliveries of equipment were performed, Russia occupies the first place. Then Kazakhstan, Belarus and Armenia follow.

Index Unit of meas. Period
6 months 2010 6 months 2011 Deviation
unit of meas. %

Production output

n/hour

1,544,812

2,524,160

979,348

63.4%*

Labor productivity per 1 employee

Industrial and production personnel

n/hour

145.7

164.4

18.8

12.90%

Main production worker

n/hour

433.6

493.7

60.1

13.80%

*63.4% of production values growth were achieved at the expense of more efficient organization of production process and increase of order portfolio on the part of mining enterprises of Ukraine and near abroad countries.

In the second half of 2011 the increase of sales is expected, first, at the expense of products manufactured by Gorlovsky Engineering Works and KrivoyRogMining Equipment Plant, which was transferred under operational management of Mining Machines SIC in August 2011, optimization of the products line and increase of sales volumes of the Trade Company. 


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