Famur sells mining machinery to Russian firm for €26 million

Polskie Maszyny Górnicze, a subsidiary of mining machinery manufacturer Famur, has signed a contract with Russian company OAO SUEK-Kuzbass for the delivery of  machinery worth €25.85 million. “The delivery should take place in the first quarter of 2015,” the company said in a statement. Famur is a producer of mining machinery equipped with advanced control and safety systems. The firm’s consolidated revenue from sales amounted to PLN 1.176 billion in 2013.