Business news from Ukraine

AVTOKRAZ TO GET SOME UAH 2 BLN AS STATE ORDER TO MAKE VEHICLES IN 2017 – POLTAVA REGION GOVERNOR

25 January , 2017  

KYIV. Jan 25 (Interfax-Ukraine) – Public joint-stock company AvtoKrAZ (Kremenchuk, Poltava region) will receive around UAH 2 billion as a government order to produce vehicles in 2017, Head of Poltava Regional Administration Valeriy Holovko has said.

“I brought this news from Kyiv where a serious meeting headed by Prime Minister Volodymyr Groysman was held,” he wrote on his Facebook page.

Holovko said that in the past years this is the first meeting where the officials were looking for the ways to support and develop the sector, not simply discussing the problems of engineers.

“As for government orders for PJSC AvtoKrAZ, this is support not only one enterprise, but 7,000 workers of suppliers, and taking into account adjacent sectors these are 100,000 Ukrainians who will receive guaranteed jobs and salaries,” he said.

He recalled that AvtoKrAZ produces not only military vehicles, but also high-quality vehicles for housing and utilities services and specialized vehicles. They can be used to upgrade the fleet of the State Emergency Service of Ukraine, law enforcement agencies and municipal housing maintenance companies.

After the meeting Groysman set a task to draw up a technological map of the needs of state-run agencies in purchase of vehicles and the facilities of producers. It is intended to have economic benefits in saving budget funds and creating new jobs.