UKROBORONPROM APPEALED TO THE CITY COUNCIL TO GRANT DEFENSE ENTERPRISES A LAND TAX REMISSION

SC "Ukroboronprom" appealed to the deputies of local councils to establish a zero rate land tax in 2016 for defense companies. This was stated by UKROBORONPROM Director General Roman Romanov.

As an example, he cited the case with Ternopil, where the City Council has already established a zero rate land tax this year for defense enterprise "Luch." Ternopil plant will have a chance to direct the money saved for production modernization and development of new weapons and military equipment.

"I am grateful to the deputies of Ternopil City Council for their support of the defense industry of the state. Every hryvnia saved means the growth of defense industry, development and production of new weapons and equipment, investments in modernization of production facilities. I appeal to the deputies of other cities of Ukraine to support the initiative of Ternopil in making a simple, though important step towards strengthening of the defense industry of our country ", – said Roman Romanov.

In 2015 UKROBORONPROM increased production of arms and military equipment by 36 times and began systematical supplies of the Armed Forces of Ukraine with the newest samples. The state defense order was fulfilled 100%, significantly ahead of the schedule. According to the results of last year, UKROBORONPROM enterprises manufactured, modernized and repaired a record 7,198 units of armaments and military equipment. UKROBORONPROM received 1.626 billion UAH net profit, compared to 348 million loss in 2014.