Enterprises of the aerospace sector in Ukraine increased production by 26.3% in 2017, to UAH 4.6 billion.
Sales last year grew by 24% and export – by 8.1%, according to a report of the head of the State Space Agency of Ukraine (SSAU) for 2017 posted on the agency’s website.
According to the report, in 2017, the sector enterprises produced and sold products for over UAH 4.6 billion. Total volume of gross products was over UAH 5.4 billion.
SSAU currently manages 26 enterprises and organizations of the aerospace industry.
The national budget for 2017 announced UAH 2.91 billion of financing the aerospace industry, or 14.2% less than in 2016. In the total amount of financing, 61.5% of the funds from the national budget’s general fund are envisaged for paying on debt obligations on previously attracted loans for the implementation of international industry projects.
