The markets of KOVOSVIT MAS include the Czech Republic and Slovakia, CIS and Poland. The development of new sales territories and other activities target Kazakhstan, India, Turkey and China, where the company has sold its first machines and where it is leading talks about the creation of joint companies. On Western markets it is aiming for greater development of trade in Germany and entry on to markets in Mexico, the USA and Brazil. This was stated for a ČIANEWS survey by company spokeswoman Iva Ruskovská, who added that the company is strengthening cooperation with subsidiary MTE KOVOSVIT MAS, created in 2012 in Russia’s Azov. It posted CZK 1bn in revenues for 2014 and should in 2016 produce 300 machines. Joint revenues with KOVOSVIT MAS should total roughly CZK 4bn in 2015.
Source: www.cianews.cz
