Group of Companies “NOVAEM” is one of the most rapidly developing Russian market entities.
Russian machine-building (boiler equipment) market share of the Group is at least 20%.
Russian spot market share in the sphere of tubular goods supply is approximately 2,5%.
Production output of marketable products (boiler equipment and industrial fans) exceeds 10 thousand tons.
In 2010 consolidated proceeds of the Group were 5 083 million RUB, which is 46% more than the analogous factor for the preceding year.
EBITDA –565 million RUB.
Among the customers of “NOVAEM” Group are practically all energy generating companies ofRussia, largest Russian oil producing companies, leading enterprises of chemical industry, and also top companies ofKazakhstanandUzbekistanlocal markets.
Companies of the Group possess financial stability and have minimum loan obligations, bills payable and bills receivable are well balanced.
Traditional partners of the Group of Companies are Sberbank of Russia, Transcapitalbank and Bank Petrocommerce.
The ultimate beneficiary of the Group is its Head, Chairman of OAO “Trubmash” board of directors, Chairman of OAO “Sibenergomash” board of directors Vitaly Chernomor.
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