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25 April, Tuesday

Ufa   °

UMPO revenues increased in 2013 by 48 percent - to 37.7 billion rubles

Business

Revenues of Ufa Engine Industrial Association (UMPO) increased by 48 percent in 2013 — to 37.7 billion rubles. This has led to an increase in total revenues of enterprises of UEC division "Engines for combat aircraft" by 38 percent, compared to the level of 2012 — to 45 billion rubles, according to the press service of UMPO.

The combat aircraft division includes also JSC NPP "Motor" and JSC Moscow Machine-Building Plant named after V.V. Chernyshev.

In 2014 UMPO expects a further increase in production volumes and revenues of UEC division due to defense procurement and execution of contracts on military-technical cooperation.

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