Board of Directors Industrial Meeting

March 11, 2016 on the basis of "Stankomashstroy" Co., Ltd an offsite board of directors meeting (including the directors of Oktyabrsky district enterprises, Penza) was held. The participants visited the exhibition center of "Stankomashstroy"Co., got acquainted with the produced equipment. General Director of "Stankomashstroy" Co. Oleg Kochetkov described company's expected future development.

Our factory, which is engaged in the assembly of machine tools, has been selected as the site for the meeting not coincidentally. It is modern, technologically advanced and unique for Penza region and Russia in general. This project plays strategic role for the development of the region's industry, promotes the development of cooperation between enterprises, the restoration of the machine tool industry in the Russian Federation.

During the meeting operating results of the industrial enterprises in January-February 2016 were summed up, forecasts for the 1st half of 2016 were announced. According to the results of the meeting, a plan of joint actions was worked out to stabilize the operation and further development of the enterprises.