OAO Izhneftemash (part of Rimera, ChTPZ Group’s O&G division) signed a number of agreements with the oil companies of Kazakhstan and is to deliver over $6m worth of deep-well oil pumps’ driving gears to them. The company has already shipped its first batch of beam units to consumers; the delivery process will have been completed by September 2010.

‘Izhneftemash’s market expansion is a logical outcome of hard work aimed at promoting our produce on the Asian markets of the CIS. In addition to doing business with Kazakhstan, we expect to enter the markets of Uzbekistan and Turkmenistan this year,’ says Rimera’s General Director Vladimir Khristenko.