Motovilikha increased sales by 26% for 2014

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Russia’s only serial artillery factory of a full cycle, the manufacturer of multiple launch rocket systems “Smerch” and “Tornado-G” Perm holding “MZ” (“Motovilikha”) increased sales by 26% for 2014, the press office of the Holding said on Tuesday.
“On Ttenty-second of June the annual general meeting of shareholders of PJSC “MZ” took place. A report on the financial results of 2014 was made by the general director Yuri Klochkov. The total volume of commodity output for 2014 amounted to 8.6 billion rubles. Compared with the year 2013 the plant managed to increase sales by 26% “, the press service said.

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