On 27-th of April, 2017 were held the annual general meeting of shareholders of PJSC “Ivano-Frankivsk Valve Plant”. According to the agenda 15 issues were discussed, key of which was change of Company type from “Public Joint Stock Company” to “Private Joint Stock Company”. Following the voting results decision was taken and the name of the Company was changed to Private Joint Stock Company “Ivano-Frankivsk Valve Plant”. In his report on operations results of “Ivano-Frankovsk Valve Plant” for 2016, Deputy of Head of the Board Zinoviy Protsiv noted that sales volume increased by 27,3% in comparison with year 2015. There were concluded 28 contracts for the manufacture and supply of valves, 11 of them international. Among the signed agreements there are some for implementation of long-term projects in the field of nuclear energy. Due to the active development of the company’s activity the number of employees at end of 2016 increased to 270 employees. Head of the Board Sergiy Shylyuk in his turn outlined the prospects for further development of the plant.