The biggest press-forging enterprise Lozovsky Forging -Mechanical Plant took part in the international specialized exhibition “Building Engineering and Technologies -2007” which was held from 12.06 to 16. 06. 2007 and took place in Moscow exhibition center “Krokus-Expo”.

“The Building Engineering and Technologies-2007” is the biggest exposition of building, road and transport-lifting engineering,equipment and new technologies of Russia,states of CIS and Eastern Europe. The participation of “LKMZ” in this exhibition was limited by the realization of the enterprise strategy in widening foreign sale markets.

As the General Director of “LKMZ” German Gomonilov have said the participation in such measures allows the enterprise to find new partners and be well informed about the main tendencies of the development of world engineering market.

Note:

Close Corporation “Lozovsky Forging-Mechanikal Plant” is the biggest forging and hot stamping enterprise in Ukraine and in UIS. The enterprise specializes in producing stamping of 300 different types. The producing capacity is to 180 thousand tones a year. As the plant is a multiprofile enterprise it is also the leader in producing axles for grain harvesters, road-building machines,axles for buses,the details for movable train set of cars. The pure income of “LKMZ” in 2006 increased in 14,3% and was 186,44mln.gr. The part of export in sales increased in 1,7 time and formed 34,66%. In 2007 the enterprise is planning to enlarge the volume of sales in 30% and rise the pure income to 240mln.gr. and the part of export is planning to be to 50%.

“UPEC” is one of the biggest machine-building company in Ukraine. It was founded in 1995. The Industrial group UPEC includes three directions of activity:

the producing of components(“Kharkov Bearing Plant”(HARP),”Lozovsky Forging-Mechanical Plant”(LKMZ), “Ukrainian Foundry Company”(ULK);

electrical engineering(Kharkov Electrical Engineering Plant “Ukrelectromash”(HELZ);

machine-tool building (“Kharkov Kosior Machine-Building Plant”(Harverst)

The group UPEC also includes:”Sewing Factory Named after Tinyakov”,”Factorial-Bank”, and other enterprises. The gross profit of enterprises which are in the Industrial group UPEC was about 1mln.gr. in 2006.