State-owned enterprise (SOE) Pivdenne (Yuzhnoye) Design Bureau (Dnipro) increased the volume of completed work by 43.3% in 2017, reaching UAH 2.417 billion.
According to a report posted on the bureau’s website, sales grew by 21.8% in 2017, to UAH 1.096 billion.
The share of export of total sales was 82%. Exports grew by 19.6% in 2017, to UAH 1.612 billion.
The enterprise said that last year the financing of the bureau under contracts signed grew by 4.9%, to UAH 1.933 billion, and the financing under contracts signed with foreign companies rose by 5.3%, to UAH 1.663 billion.
In 2017, the volume of works ordered by the bureau from component industries under cooperation inside Ukraine totaled UAH 939.8 million, which is 13.6% less than in 2016.
Pivdenne Design Bureau is a leading enterprise of the Ukrainian aerospace industry with advanced space technologies. A major part of its products and services is supplied abroad, including the EU countries and the United States.
