Company News

KRANEKS’S BEST EMPLOYEES

24.09.2010

Shortly before Machine Builder’s Day, KRANEKS arranged a celebration in honour of its best employees and awarded the winners of the professional skills competition.

KRANEKS summed up the results of the professional skills competition, which was held on the eve of Machine Builder’s Day. The winners were congratulated by the Company’s management, receiving certificates and bonuses.

The occasion was attended by the first deputy chairman of the regional government, Pavel Konkov. .

He congratulated employees on the occasion of their professional holiday and personally presented the best workers with certificates and letters of appreciation from the Russian Industry and Trade Ministry, and also from the region’s governor.

REMBERING EVERYONE BY NAME

07.05.2010

KRANEKS honoured the memory of war veterans and those killed in the Great Patriotic War.

A solemn meeting was held on KRANEKS Company’s premises dedicated to Victory Day.

In connection with the Victory Jubilee, the speech of Soviet armed forces Commander in Chief I. V. Stalin addressed on 9 May 1945 was heard at the opening of the meeting.

War veterans were greeted by the company’s management, veterans’ council representatives, staff from the regional military registration and enlistment office, and also by the youngest participants in the meeting.

A perpetual flamehas been burning in the company’s grounds for more than 35 years. This flame is in its way unique: it did not go out even during the hardest times following the Soviet Union’s disintegration.

Servicemen from the 98th airborne troops division stood on guard before the war memorial during today’s meeting.

Our company reveres the memory of those employees who did not return from the war front. More than 80 of our plant’s employees were killed in action during the war. All their nameswere read out, followed by a minute’s silence.

KRANEKS AND KOMATSU PROJECT

29.04.2010

KRANEKS is expanding its collaboration with KOMATSU within the framework of the KRANEKS-KOMATSU Joint Venture, which produces metal structures for excavators manufactured by both KRANEKS and Komatsu UK in Britain.

Within the framework of this project, the first lot of counterweights and attachments parts has been delivered to Komatsu Manufacturing Rus (KOMATSU’S plant in Yaroslavl) for the PC 400 excavator. These are produced to KOMATSU’S internal standards.

COMPANY’S RESULTS FOR THE FIRST QUARTER OF 2010

23.04.2010

KRANEKS’S results for the first quarter of 2010 showed a 43% increase in excavator production compared with the whole of 2009. Sales for the first quarter were 30% more than for the same period in 2009. The company’s management can thus speak of positive changes in its commercial and manufacturing activities. Experts relate the company’s improved performance both to the reorganization of all its business processes and the introduction of a single corporate management system, and to the improved state of the construction equipment market.

THE COMPANY PARTICIPATED IN CEMMS. URAL 2010 EXHIBITION

19.04.2010

KRANEKS Company participated in the 10th International Construction Equipment, Machinery and Service exhibition (CEMMS.URAL 2010) in Yekaterinburg. During the exhibition talks were held with customers and business contacts established with potential buyers.

KRANEKS AND ISUZU PROJECT

12.04.2010

To enhance the Company’s export potential and product competitiveness, KRANEKS Company’s Engineering Centre continues to fulfil projects for the modernization of its hydraulic excavators. One of these projects involves equipping KRANEKS excavators with reliable, economic and environmentally friendly ISUZU engines.

The stage of the project concerned with preparation of technical papers and producing prototypes has been completed. The first excavators with ISUZU engines have shown themselves to advantage with customers.

Last week the managements of KRANEKS’S Engineering and Purchases Departments held talks with the manager of the Automotive Unit of SOJITZ Company, Mr. S.Okimura. SOJITZ Company is ISUZU’S official representative in Russia.

During the meeting the question of supplying ISUZU diesel engines for KRANEKS excavators (ЕК 270LC, ЕК 400 and ЕК 450FS models) was discussed.

Mr. Okimura noted the exclusive nature of the project, being without parallel among Russian construction equipment manufacturers.

As an OEM manufacturer, KRANEKS has since 2003 been systematically pursuing a policy of integration into the global system of OES suppliers of components for construction equipment, this being the only may to manufacture competitive products.

NEW CONTRACT FOR DELIVERING EXCAVATORS TO UZBEKISTAN

01.04.2010

KRANEKS Company’s commercial management arranged and held a meeting with a delegation form Uzbekistan, during which our partners were able to acquaint themselves with our production, observing the entire excavator manufacturing cycle, and with our company’s engineering centre, where new types of excavators and attachments are designed. The visit resulted in the signing of a contract for delivery of EK 270 LC excavators to Uzbekistan.

EXPANDING OUR SALES MARKETS

19.03.2010

KRANEKS Company is expanding its sales markets, shipping the first of a lot of EK 270 LC excavators to the Republic of Ghana. KRANEKS excavators have shown themselves to advantage in the Republic of Zimbabwe, where they have been operating for some years.

KRANEKS RUSSIAN DOMAIN

19.03.2010

KRANEKS is one of the first Russian engineering companies to register a new Russian language domain, КРАНЭКС.РФ, following the introduction of the upper level national domain "РФ". Our partners can now access our website registered under this national domain.

COMPANY RESULTS FOR 2009

12.01.2010

The results for 2009 showed a fall in excavator sales on the Russian market of around 65%, as estimated by our company’s marketing department. KRANEKS Company did not lose its market position, retaining its 2008 share of total sales, including those by overseas producers.

KRANEKS’S market share among domestic manufacturers of crawler excavators increased from 26% in 2008 to 34%in its segment in 2009. The company’s share of total crawler excavator imports of the same class rose from 4% to 7%.