Transneft’s Tyumen repair plant is going to increase production by 7%

Transneft's Tyumen repair plant is going to increase production by 7%

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Tyumen Mechanical Repair Plant, part of Transneft (MOEX: TRNFP) announced plans to increase production in 2024 by 7%.

How reported in the Transneft corporate magazine, in 2024 the company is expected to produce about 29 thousand units of products worth over 4.1 billion rubles. “Thus, production next year could grow by 7.4% in physical terms, and in monetary terms by 5.1%,” the publication notes.

The plant also announced that by the end of 2023 it will produce about 27 thousand units of products totaling 3.9 billion rubles.

Tyumen Mechanical Repair Plant is one of the oldest industrial enterprises in the Tyumen region, the main activity of which is the production of metal structures. For the production of metal products, the company operates three workshops equipped with modern technological equipment, including a plasma cutting machine for metals.

Alexander Kislov

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