UKROBORONPROM JOINT STOCK COMPANIES PAID 15 MLN UAH DIVIDENDS TO THE SATE IN 2016

According to the results of financial and economic activities, joint stock companies – the control stake of which owns the SC “Ukroboronprom” – in 2016 paid 15.086 million UAH dividends for 2015 to the state budget, which is 3 times more, compared to dividends paid in 2015.

"With the assistance of SC "Ukroboronprom" joint stock companies – the control stake of which owns the SC “Ukroboronprom” – systematically modernize production, master new technologies, develop and produce new products in their areas", – said UKROBORONPROM Deputy Director General Volodymyr Kostrytskyy, commenting on the financial results.

Volodymyr Kostrytskyy also noted that in 2016 these companies paid more than 118 mln UAH taxes, fees and charges to the budget. The State Concern ensured steady growth of joint stock companies average wages.

The top manager exemplified OJSC “Meridian” named after S.P. Korolyov as an example of the rapid development: specialists of the enterprise -together with NTU scientists of “Kyiv Polytechnic Institute” – developed and launched production of unmanned aircraft complex for tactical reconnaissance and fire adjustment "Spectator-M".

They also modernized portable set of verification equipment for air defense, created process plant for gelcoat application cutting station for fiberglass cloth, Kevlar and carbon-fiber composite that will further be used for UAVs and personal protection manufacture; enterprise specialists also mastered composite materials manufacture.

In general, UKROBORONPROM manages six joint stock companies. According to the results of their work in 2015 provided profitability is increased by 97%, compared to the previous period.