Penza, 15 March 2019. PenzaNews. Joint Stock Company Penzensky Armaturny Zavod entered a new stage of development having got rid of large debts. This was stated by Dmitry Akimov, CEO of JSC Penzensky Armaturny Zavod, who also heads JSC Penzensky Zavod Tochnykh Priborov, and LLC Penzensky Zavod Telema Gino, whose production facilities are also located at the production site in Transportnaya Street.

© PenzaNewsBuy the photo

"The benefits and debts of all levels of the enterprise were paid off. In addition, obligations to all suppliers were also repaid. The plant has now reached a certain stage of its new development," he explained during the visit of the authorities to the production site on Friday, March 15.

Dmitry Akimov noted that several enterprises were located then on one site, and the reinforcement plant, as it had been perceived earlier, was no longer relevant.

The head said that there were about 220 workers at Penzensky Zavod Telema Gino, about 35 – at Penzensky Zavod Tochnykh Priborov, and 75 – at Penzensky Armaturny Zavod, but the number of employees will be increased due to the growth of orders.