In order to view all images, please register and log in. This will also allow you to comment on our stories and have the option to receive our email alerts. Click here to register
22.12.2009

Cyprus company buys Ukrainian crane producer

Cyprus based Halfona Investments has received clearance from Ukraine’s anti monopoly committee to acquire a majority stake in the Drohobych Truck Crane Plant in Ukraine which builds Dzak/DAK cranes
Please register to see all images

A DAK KTA-28 truck crane


The deal will give the buyer over 50 percent of the voting shares in the business according to local reports. At the end of 2007 the plant's four largest shareholders were registered at the same address in Dnipropetrovsk - Ukragromash (25%), Unikum (31.68%), Anklav (19.13%) and Starcom (20.76%).

The company, which was founded in 1959 operates from a 32 hectare site, with . around 54,000 square metres of covered production space spread over 11 buildings.

The company has also established an assembly operation in the Indian city of Nashik, DAK Crane India, the first unit a KTA-25 truck crane has already been completed.
Please register to see all images

A DAK KTA-25 on the test pad



Currently the largest crane in the company’s range is the 28 tonne KTA-28 truck crane.



Comments

This website is using cookies to provide an optimised user experience. By continuing you are agreeing to the use of cookies. More Info
OK