Mechanical Engineering Assets of Rimera Group Report 21.5% Rise in 1Q Sales

16.04.2014



Aggregate sales by Alnas and Izhneftemash plants have reached almost 1.1 bln rubles.

Mechanical Engineering Assets of Rimera Group Report 21.5% Rise in 1Q Sales

Mechanical Engineering Assets of Rimera Group Report 21.5% Rise in 1Q Sales

The Almetyevsk-based plant of the Group has seen a 63% rise in sales of electric centrifugal pumps, 34% in motors, and 7% in gas separators. Alnas sales increased almost 25% from the comparable period of 2013. The plant has set a new record in March 2014, manufacturing 389 pumps – the highest level for the past three years.
Izhneftemash saw a 17% rise in sales of its products and services from 1Q 2013. An upward trend has been recorded in sales of mud pumps (up by almost 2.5 times), pumpjacks (up 75%), spare parts for equipment (up 36%), and subsurface sucker rod pumps (up 20%).
The primary growth drivers for Alnas were sales to subsidiaries of Rosneft oil company and to Gazprom Neft. Both plants of the Group report higher sales to the biggest privately held oil company of the Russian Federation, LUKOIL.

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