KYIV. Nov 16 (Interfax-Ukraine) – Pivdenne design bureau and the Makarov Pivdenny Machine Building Plant (Pivdenmash, both based in Dnipropetrovsk) have started their preparations for the creation of a united structure.
Sources in the rocket and space sector told Interfax-Ukraine that the unification plans are stipulated in the agreement of cooperation on the stable development of Pivdenne design bureau and Pivdenmash.
According to the agreement, it is aimed at overcoming the crisis at Pivdenmash via the gradual unification of the enterprises.
Pivdenne design bureau is actively operating on the international market and has a large portfolio of current and promising contracts, which could additionally load Pivdenmash.
The measures included in the agreement are the joint design of a program on optimization and top-priority modernization of the production and experimental base of Pivdenmash, taking into account the existing infrastructure of Pivdenne design bureau.
The sides agreed to cooperate on the creation of pilot production at Pivdenne design bureau and realize pilot programs for new samples of rockets and spacecraft using Pivdenmash’s facilities. The sides will agree to the transfer of Pivdenmash’s facilities that are not on the balance sheet of Pivdenne design bureau or under the leasing conditions.
