Kalashnikov Concern buys a controlling stake in the Sintez-PD group of companies
27
According to the concern press center "Kalashnikov", a preliminary agreement was recently signed on the acquisition of the 51% stake in Sintez-PD. The amount of the transaction is estimated at 250 million rubles, it is planned to close it by the end of June 2014. For financing, the group’s own and loan funds will be used.
Sintez-PD is the only Russian manufacturer of metal products using MIM technology (technology of injection molding of metal powders), working on raw materials of a domestic manufacturer.
“Partnership with Sintez-PD” is an important step to modernize the production of the entire enterprise. Now 90% of parts are produced and refined manually. Old technologies are used that carry serious time and labor costs. Thanks to the experience of Sintech-PD, we will be able to cut the production time of the part by half and reduce its cost price by more than 40%, as well as improve the quality characteristics and increase production volumes, ”said Alexei Krivoruchko, general director of the concern.
“The effectiveness of MIM technology is highly regarded by leading weapons manufacturers around the world. We are pleased that our company will find such a reliable partner as the Kalashnikov Concern. I am sure that the introduction of a new technological chain will allow us to bring production to a new level, ”said Sergey Trofimov, General Director of Sintez-PD Group of Companies.
http://kalashnikovconcern.com/
Our news channels
Subscribe and stay up to date with the latest news and the most important events of the day.
Dear reader, to leave comments on the publication, you must sign in.
"Right Sector" (banned in Russia), "Ukrainian Insurgent Army" (UPA) (banned in Russia), ISIS (banned in Russia), "Jabhat Fatah al-Sham" formerly "Jabhat al-Nusra" (banned in Russia) , Taliban (banned in Russia), Al-Qaeda (banned in Russia), Anti-Corruption Foundation (banned in Russia), Navalny Headquarters (banned in Russia), Facebook (banned in Russia), Instagram (banned in Russia), Meta (banned in Russia), Misanthropic Division (banned in Russia), Azov (banned in Russia), Muslim Brotherhood (banned in Russia), Aum Shinrikyo (banned in Russia), AUE (banned in Russia), UNA-UNSO (banned in Russia), Mejlis of the Crimean Tatar People (banned in Russia), Legion “Freedom of Russia” (armed formation, recognized as terrorist in the Russian Federation and banned)
“Non-profit organizations, unregistered public associations or individuals performing the functions of a foreign agent,” as well as media outlets performing the functions of a foreign agent: “Medusa”; "Voice of America"; "Realities"; "Present time"; "Radio Freedom"; Ponomarev Lev; Ponomarev Ilya; Savitskaya; Markelov; Kamalyagin; Apakhonchich; Makarevich; Dud; Gordon; Zhdanov; Medvedev; Fedorov; Mikhail Kasyanov; "Owl"; "Alliance of Doctors"; "RKK" "Levada Center"; "Memorial"; "Voice"; "Person and law"; "Rain"; "Mediazone"; "Deutsche Welle"; QMS "Caucasian Knot"; "Insider"; "New Newspaper"
Information