Business news from Ukraine

PM ORDERS TO DESIGN INDUSTRIAL PRODUCTION DEVELOPMENT SYSTEM

17 February , 2017  

KYIV. Feb 17 (Interfax-Ukraine) – Ukrainian Prime Minister Volodymyr Groysman has ordered First Deputy Prime Minister and Economic Development and Trade Minister Stepan Kubiv and the National Industrial Development Committee to draw up the industrial production development system.

The press service of Ukraine’s Cabinet of Ministers, the prime minister held a meeting devoted to support of production of specialized vehicles in Ukraine.

“We need a high-quality system to stimulate own production,” the prime minister said.

Groysman said that the quality of all equipment and vehicles made and bought should be high, and production should be localized in Ukraine as wide as possible.

“The main thing that this should not be semi knocked down assembly of vehicles. All aggregates and parts should be by 60% and more made at Ukrainian enterprises. This is jobs and salaries,” the prime minister said.

When discussing the need to update the fleet of firefighting machinery, the premier noted the need for a medium-term program of such purchases.

The meeting was also attended by Finance Minister Oleksandr Danyliuk, First Deputy Minister of Economic Development and Trade Maksym Nefyodov, Chairman of the State Emergency Service Mykola Chechetkin, the leadership of the Defense Ministry and the Interior Ministry, Automobile Roads of Ukraine.

In addition, CEO of PJSC AvtoKrAZ (the only manufacturer of heavy trucks