KYIV. Dec 30 (Interfax-Ukraine) – Dnipro-based Pivdenne Machine Building Plant named after Makarov (Pivdenmash) increased loading of its production facilities by 1.5 times in 2016 and the plant seeks to more than double it in 2017.
The press service of Pivdenmash told Interfax-Ukraine that this year the enterprise managed to pass the crisis peak over the breach in traditional cooperation in 2014.
“Today one can say that the crisis bottom has been passed: this year Pivdenmash boosted loading of production facilities by one and a half times, and next year, taking into account the contracts signed, the loading would more than double,” the press service said.
Expansion of cooperation with leading space states, in particular, the United States and the European Union, entrance to the new markets, production of defense products and participation in the import replacement program are the essential factors allowed to load the facilities, the press service said.
“This year Pivdenmash resumes production of the first stage of Antares launch vehicle (LV) in the interests of U.S. Orbital ATK. The company is involved in the implementation of the NASA contract to service ISS. NASA representatives visited Pivdenmash and remained pleased with what they saw. Some meetings and negotiations were held in the United States. Pivdenmash is also boosting cooperation under the European Vega LV. It is early to speak about the new projects, but we are ready for them,” the press service said.
This year the enterprise promoted the interests of Ukraine’s space sector in Southeast Asia.
“Contracts with partners, including from India and South Korea, have been signed or are being signed,” the press service said.
In the conditions of new challenges to the state’s defense capability one of the sources to load production facilities was the implementation of the state defense order, first of all, production of missiles.
Pivdenmash also worked hard in the import replacement area.
“Today we believe that the most promising is the project to create solar power plants and wind farms. Jointly with the global leaders in the sector an investment project is being designed. It would help to organize production of wind turbines and spare parts to solar power plants for up to EUR 500 million a year with attraction of European investment,” the press service said.
“As of late December, UAH 1.322 billion were sent to accounts of Pivdenmash in 2015, including UAH 194.6 million paid by Pivdenne Design Bureau,” the press service said.
