Way to success

AMKODOR increased export of products by more than 80 percent in 2022

Photo by BELTA

“2022 was a successful year for the AMKODOR holding due to the sustainable development of innovations. The growth strategy adopted in 2021 meets the current situation and development trends in the engineering market. In particular, the growth rate of product exports amounted to 182.4 percent. About 90 percent in sales volumes of the market is occupied by the products of the Construction Machines division,” stated the company’s press service.
At the same time, the holding managed to increase its share of presence in its traditional segment of front loaders. “In particular, in the segment of front-end loaders with a carrying capacity of 4-4.9 tons, the holding’s share in the Russian market increased from 41 percent to 58 percent and in the most massive segment (front-end loaders with a carrying capacity of 3-3.9 tons) — from 6 percent to 8 percent, thereby squeezing out Chinese manufacturers,” said the company.
The press service also drew attention to a tenfold increase in market share in the segment of skid steer loaders. Positive dynamics is noted in the Municipal Vehicles division.
The holding produces more than 135 models and modifications of special and agricultural machinery. Due to the presence of its own element base, the localisation of AMKODOR equipment at its own enterprises exceeds 70 percent of parts and assemblies.
No less ambitious plans for the development and diversification of exports have been outlined for the current year, primarily through deliveries to the countries of the African region, large complex deliveries of equipment are planned to the countries of Asia, Central and Latin America.

Based on materials of belta.by