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World-class sophisticated equipment manufacturing and engineering

FULL-YEAR 2014 RESULTS

06.01.2015
Dear friends!
 
Ended in 2014 and it is time to sum up.
  1. In 2014 it was manufactured and shipped to the customer 899 Liner Hanger Systems, 353 wells are made of a multistage fracturing operations. In comparison with 2013 year sales of products increased by 31%, output increased by 36%, labor productivity increased by 32%.
  2. In the past year, despite growing competition, we were able to not only stay on the market, but also to increase the orders portfolio. This was aided by the joint work of commercial service and design office, especially in the development and promotion of Frac Sleeves.
  3. The company completed the first phase of technological re-equipment. Purchased and put into operation five units metal-processing equipment, including a new boring machine, milling machining center and waterjet cutting machine.
  4. We have made great efforts to improve production processes and optimization of the production structure of the enterprise. In order to study the experience of advanced enterprises, our specialists visited the assembly line of the corporation "Sukhoi Superjet" in Komsomolsk-on-Amur and SPF Paker LLC.
  5. We have successfully completed the state defense order in 2014 and adopted in conjunction with the Principal customer decided to increase the scope of work. In addition, it has been reached an agreement with our customers about the beginning of cooperation in terms of manufacturing facilities for ground support for Komsomolsk branch "OKB Sukhoi" KNAAPO (Komsomolsk-on-Amur) and Aircraft Corporation "MiG".
  6. This year has been a lot of work done in the field of standardization and certification. The company has successfully passed certification for compliance with ISO 9001, along with a certificate of conformity, the certificate of the international network IQNET, recognized in 34 countries. A large amount of activities in preparation for certification according to specifications of the American Petroleum Institute API Q1.
  7. In 2014, were carried out the first real steps in the framework of international cooperation. Firstly, ZAO OKB Zenith has successfully completed a major project system of technological equipment for the cleaning and preparation of oil Vladimir Filanovsky in the Caspian sea, in which we participated, together with the Canadian branch of the Norwegian company «Aker Solutions». Secondly, obtained an agreement in principle to conclude a contract for the supply of our equipment with UAE company Ali & Sons Oil & Gas. To begin with, we need supply a certificate of conformity API Specifications. Third, we have learned to work in international procurement markets, which leads to substantial savings and enhances our ability.

Unfortunately, at present business conditions have changed dramatically and not for the better. This is due to the general situation in the country and the prevailing international situation.

In these conditions the task of our company - to prove that we are the best. And our team, our people, without exception, really, are the best.

We can do high-tech products, high enough quality for relatively high, but acceptable for the consumer price.

Honestly, I like the times of crisis. In an emergency, it is possible to test yourself to check people understand who is who. The people (especially young people) in the period of crisis a chance to express themselves, to rise to new heights, to reach their potential.

In this regard, I am optimistic about the coming New 2015.

Allow me to congratulate you all a Happy New Year! I wish you and your families happiness, health and all the best! Suppose that in the coming New Year come true all your wishes and dreams! Happy New Year!

 

Dmitry Shorikov,

General Director ZAO OKB Zenith