Izhneftemash Plans to Increase Revenue by Near 40% in 2014

20.03.2014



Rimera Group’s Izhneftemash claims it expects 38% revenue growth in 2014 over 2013. According to the company's experts, revenues will grow by near RUR 2.3bn.

Izhneftemash Plans to Increase Revenue by Near 40% in 2014

Izhneftemash Plans to Increase Revenue by Near 40% in 2014

Says Sergey Shunin, Izhneftemash Executive Director, “In money terms we expect our sales to grow 2.5 times for pumpjacks, 37% for tubing couplings, 30% for sucker rod pumps, and 15% for drilling and suspended tongs.”

To meet the increased production targets, the company rolls out labor productivity boost measures. In 2014 Izhneftemash hopes to increase labor productivity by 39% while keeping staff headcount at the same level.

Back to the list

Feedback