25th meeting of the Board of the Joint Russian-Chinese Company “KID”
On October 10-11, the anniversary 25th meeting of the Board of the Joint Russian-Chinese Company “KID” was held in China where the work results for 2018 were considered.
This joint company of REC Mekhanobr Tekhnika and Beijing Institute of Mining and Metallurgy (BGRIMM) was set up in 1992 for the purposes of production and supply of highly efficient cone and jaw crushers for natural and technogenic raw material disintegration to the Asian-Pacific Region (APR).
The Board approved the performance indicators for 2018; they were recognized as satisfactory - the sales volume increased by 26% as compared to the corresponding indicator of 2017. 12 units of equipment have been sold, including three KID-1200 crushers and three KID-900 crushers, and large quantity of spare parts.
The next meeting of the KID Board will be held in summer 2020 in St. Petersburg.