14:46 21.03.2016

AvtoKrAZ buys crimpers from Finnish D-Hydro to replace deteriorated equipment

1 min read
AvtoKrAZ buys crimpers from Finnish D-Hydro to replace deteriorated equipment

Public joint-stock company AvtoKrAZ (Kremenchuk, Poltava region), the only Ukrainian producer of heavy trucks, has acquired YL-20S workshop crimpers from Finland's D-Hydro to replace nine deteriorated presses at the company.

The deal is part of the upgrade of the tool fleet with the purpose of improving the quality of products.

The company's press service reported on Monday that the new equipment would enable the company to stop paying for the services of a third-party.

"With the acute shortage of working capital and the austerity measures introduced at the plant due to the financial crisis, it was hard for the plant to allocate these small funds to acquire the crimpers – around UAH 200,000. Thanks to this equipment the plant will improve the quality of high and low pressure tools," the company spokesman said.

It will take from one and a half or two years to pay back the loan used to buy the equipment.

AvtoKrAZ makes 33 basic vehicle models, and more than 260 modifications and trim levels for civilian and military vehicles.

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