Uralcryomash loses 2.57m

OAO Uralcryomash sustained 2.57 million RUR worth of losses in the first quarter of 2010, whereas the plant’s revenues increased up to 48.93 million RUR over the same period of time.

The company explains the increase in revenues had to do with their greater cryogenic cisterns output, more orders for oil-loading cisterns, and changes in the company’s spending priorities.