KYIV AUTOMATICS PLANT NAMED AFTER G.PETROVSKY INCREASED NET INCOME BY 35%
UKROBORONPROM PJSC “Research-and-Production Association “Kyiv Automatics Plant Named after G.Petrovsky” in 2016 increased net operating income by 35%, compared to last year index. And the net income 2016 amounted up to 8,210 thousand UAH, which is 55% higher than the target figure.
At the same time, at the year-end the enterprise paid taxes, fees and mandatory payments to budgets of all levels 57,230 thousand UAH, per employee ratio is 126.6 thousand UAH. And due to a constant working load, the average wage, compared to 2015, increased by more than 25%.
In 2016 PJSC “Research-and-Production Association “Kyiv Automatics Plant Named after G.Petrovsky” timely fulfilled contracts for the weapons stabilizers supply for the armored vehicles for the needs of the Ministry of Defense and the National Guard of Ukraine. In production units of “Kyiv Automatics Plant Named after G.Petrovsky” stabilization system are manufactured; stabilizing system allows Ukrainian armored vehicles to open accurate fire on the move in a matter of seconds.
“This year we keep heading for enterprise development. The primary purpose is to ensure profitability and most effective organization of production processes. Our main tasks today are cost optimization, production modernization and production capacity expanding,”- said Serhiy Malyarov, the Chairman of the Management Board.