LocoTech group of companies has summed up the financial operations in accordance with Russian Accounting Standards (RAS) in 2018. LocoTech consolidated revenues as per RAS increased by 12% to 122.2 billion rubles compared to 2017.

In addition to that the proceeds of JSC Zheldorremmash in 2018 amounted to 49.8 billion rubles, which is 20.87% more than last year. Proceed of LocoTech-Service LLC has reached 72.4 billion rubles, which is 6.63% higher than in 2017.

In 2018 the amount of taxes paid to the budgets of all levels (excluding data on personal income tax and insurance contributions) amounted to 9.9 billion rubles compared to 9.8 billion rubles a year earlier.

LocoTech implements a large-scale investment programme. It is planned to allocate more than 3 billion rubles on the development of Locomotive Repair Plants in 2019. 

The funds will be used to ensure the fulfilment of the growing production order by Russian Railways.

In 2018 LocoTech enterprises released about 3.4 thousand locomotive sections after repairs, which is 8% more than in 2017. Subsidiaries of LocoTech-Service last year completed the repair programme in the amount of MR (medium repair) by 180% - 403 sections were repaired with the plan at 222 sections. This is 240% more than in 2017. The main indicator - the operational readiness factor (ORF) - reached 0.895 (89.5%) in 2018, which corresponds to the planned target.