RYBINSK, Russia - PJSC "UEC-Saturn" (a part of United Engine Corporation, a Rostec State Corporation company) has summed up the results of 2018 and identified the company’s key objectives for 2019. The enterprise’s overall production output reached 42.1 bln rubles in 2018. The gain is 23.2 % as compared to the level of the previous year. The sales in 2018 amounted to 40.7 bln rubles, providing for 24.7 % growth versus the level of 2017.
The key corporate event of 2018 was the consolidation of JSC "Omsk Engine Design Office" with PJSC "UEC-Saturn". The branch of PJSC "UEC-Saturn" - ???B, a new structural unit of the enterprise, appeared as a result of the merger.
According to the results of 2018, the revenue per employee is more than 3 mln rubles, up 16.9 % from the level of 2017. Herewith, the rate of production growth is much higher than the personnel growth. The average salary of the employers in 2018 reached 40.3 thousand rubles; up 8% from a year earlier.
In 2018, PJSC "UEC-Saturn" continued its fixed capital investments, first of all investments in the creation of hi-tech production and testing facilities in order to implement the key state and export-oriented programs. The total of over 5.6 bld rubles was allocated by the company to this line of activity in 2018.
The main objective for 2019 is continued growth in production volume and sales, retention of the stable level of profitability, as well as continued investments to the amount of 6 bln rubles in the company's key projects: PD-14, SaM146, repair of foreign marine GTE, import substitution programs, increase of production and sales in the interests of foreign customers of civil products.
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