Motovilikha closes sheet rolling production by October 1 2013
Edited by Rhod Mackenzie / 2013-08-21 04:10:33
The marginal revenue of sheet rolling production declined from 507 million rubles in 2008 to minus 13 million rubles in H1 2013. The annual loss of the sheet rolling shop (shop # 24) is 25 million rubles.
The Board of Directors of Motovilikha Plants JSC has decided to close sheet rolling production by October 1 2013. In August and September, shop # 24 will perform the agreed production plan.
