Krasny Kotelshchik continues to invest in production
The company's investment program for 2016 also provided the commissioning of a liquid oxygen storage system. The project cost was about 16 million RUB with a payback period of two years. In general, in 2016 Taganrog Boiler-Making Works spent a total of more than 148 million RUB to overhaul its production facilities and increase efficiency.
In 2017, TKZ plans to invest over 220 million RUB. In particular, the company intends to purchase a gas cutting robotic system and to overhaul the intra-plant logistics, which will allow it to transfer intra-plant cargo transportation from railway to road transport, to reduce the costs of maintaining the railway service, and to stop, for lack of necessity, spending funds on railroad repair.
The total amount of investment made by TKZ over the past three years (from 2014 to 2016) is 338 million RUB.