Daugavpils, 2015-05-14 15:31 CEST (GLOBE NEWSWIRE) -- 2015 estimated annual turnover of the company connected to the planned budget for 2015 will amount 24 million EUR; Russia's market part is forecasted as 20% of the turnover. The falling of this income in the Russian market is planned to cover by the income from the Kazakhstan market, as well as income from the production of the spare parts made on new equipment, gained in the network of ERAF project.
Taking into account the decline in the traditional enterprise niche (diesel locomotives repair), as well as due to the high-tech equipment putting into the production, the company was carried out in the restructuring, during which the staff numbers were reduced by 280.
The company plans 2015 year (on 2015 year budget ) to finish without a loss.
To achieve this, it is planned :
- to increase the turnover outside the Russian market part, including the purpose to avoid currency risks,
- to carry out technical and organizational events to reduce spending,
- to increase the part of turnover, which is not related to diesel locomotives repair
- to receive EU financing and partly to discharge a debt to the bank with the aim of reducing of credit spending.
Member of the Board N.Petrova
Natālija Petrova
Member of the Board
t. 65404420, petrova@dlrz.lv