KYIV. Feb 23 (Interfax-Ukraine) – The volume of orders placed by Pivdenne Design Bureau in 2015 at Pivdenmash (both based in Dnipropetrovsk) is estimated at over UAH 430 million, managers of the bureau have told Interfax-Ukraine.
“As part of the joint plan on stabilization of the Pivdenmash’s economy in the conditions of the abruption of traditional cooperation with Russia, in 2015 and January-February 2016 Pivdenne Design Bureau placed orders at Pivdenmash and financed works worth almost UAH 480 million. Only from July as of today Pivdenmash was financed by the bureau by over UAH 220 million as part of the order to fulfill works of a good commercial potential,” Head of the working group for financial and economic issues at the bureau Oleksandr Kamyshov said.
He expressed optimism over the positive trends in loading of Pivdenmash in the near future.
Kamyshov pointed at the contract being prepared with U.S. Orbital ATK under the Antares missile carrier project and the order to supply engines for European Vega missile carrier that has been signed.
“Negotiations with potential customers to design and produce new liquid missile engines of various classes to place the orders at Pivdenmash are being held,” he said.
Kamyshov is optimistic about the prospects of resuming production of Zenit missile carrier under the Sea Launch project.
He said that it is planned that in 2016 Pivdenmash will be able to return to the four-day working week and in 2017 – the five-day working week.
In Q1 2016 it is planned to fully pay wage arrears being around UAH 95 million now, he said.
