News

24 August 2018, 17:30

Business

Stakhanov plant received 5 RUR mln for modernization

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LUGANSK, August 24 (Lugansk Media Centre) – LPR Administration head and Olga Bas and the Minister of Fuel, Energy and Coal Industry Pavel Malgin handed over a 5.2 million rubles certificate to the director of the Stakhanov Repair Mechanical Plant (RMZ) Mikhail Epstein.

The certificate is aimed to modernize production technologies, boost production and quality.

"I congratulate you on the Miner's Day and wish you all the best: strong roof, peaceful skies, all the best," said Epstein.

Earlier he said the RMZ, assisted by the Coal Ministry, secured a package of additional orders, including international, worth nine mln rubles.

RMZ products used to be in demand all over Ukraine and former Soviet republics. However, due to the fighting in August-September 2014 and Ukraine-imposed economic blockade, the RMZ lost many destinations, although it had not suspended operation for a single day. Later on, the enterprise stepped up production and is now operating at a profit.

The Stakhanov Repair Mechanical Plant (RMZ) was established in 1932 as the Central Electromechanical Shops at the Ilyich Colliery which was part of the Kadievugol Trust. It specialised in the production and repairs of mining equipment. Over years of operation, the plant’s workers were able to overcome all difficulties keeping the company an industry leader noted for reliability, product quality and business integrity. At present, the RMZ is focused on the production and repairs of pumping equipment.

The RMZ offers equipment overhaul, timber casting patterns, cast iron, steel, ferrous metal/stainless steel structures of any complexity, machining and quick wear pump parts.

LuganskMediaCentre — 24 August — Lugansk