ukroboronprom

Monday, November 21

Ukraine will produce heavy weapons and military equipment in conjunction with six NATO members. State Defense Concern Ukroboronprom will produce and develop heavy weapons and military equipment with at least six NATO member countries. Ukraine has already begun cooperating with enterprises from P...

Friday, November 11

Ukraine and the Czech Republic have created a defense cluster. The state company Ukroboronprom has signed an agreement with the Intergovernmental Agency for Defense Cooperation (AMOS) under the Ministry of Defense of the Czech Republic to create a joint defense c...

Wednesday, November 2

The new Ukrainian drone will be a multifunctional platform for various combat missions. The state company Ukroboronprom talked about a new unmanned aerial vehicle for the Ukrainian army with a flight range of up to 1,000 km. According to project manager Oleg Boldyrev, the concern focused...

Tuesday, October 18

Ukroboronprom talks about a new Ukrainian strike drone with a range of 1,000 km. State Company Ukroboronprom hinted at the completion of its own strike drone development, with a range of up to 1,000 km. As noted by Ukroboronprom, it has been operating at an increased pace since th...

Wednesday, September 21

Ukroboronprom and a NATO member are building an ammunition factory. The State enterprise Ukroboronprom is building an ammunition plant with a NATO member country. As the partner country’s press service stated at the briefing, this is already the second defense enterpr...

Thursday, February 10

Ukroboronprom plans to increase production by 16.4%. The state defense installation Ukroboronprom intends to increase high-precision weapons and ammunition production by 16.4% in 2022, announced General Director Yuriy Gusev. The State enterprise contin...

Thursday, January 20

In 2021, Ukroboronprom received over $1B from FEA. Revenues from foreign economic activity (FEA) of all Ukroboronprom enterprises in 2021 amounted to $1.1B, which is $127.6M more than in 2020. It is noted that $608.4M was received from special project...

Wednesday, December 29

The various enterprises under the umbrella of Ukroboronprom increased production in 2021 by 20% compared to last year, said the General Director of Ukroboronprom, Yuri Gusev. “More than 3,300 weapons and military equipment have been repaired, modernized, built, and handed over to the Armed...

Monday, December 13

Ukroboronprom to become a joint-stock company. The Government has decided to transform the Ukrainian Defense Company (Ukroboronprom) into a joint-stock company and approved the reorganization of its 43 strategic enterprises into companies under 10...

Monday, December 6

Ukroboronprom’s net income increased by 6%. The increase came from the sale of goods, works, and services for the three quarters of 2021, which exceeded UAH 26 bln ($962 mln). The figure was 6% more than in the same period last year, reported U...

Friday, November 26

Ukroboronprom will cooperate with Airbus on the helicopter program. The company announced its future cooperation with one of the largest aircraft building companies Airbus, on its helicopter production program. “Ukroboronprom is considering the creation of a service c...

Friday, November 12

Ukraine will produce its combat robots, says Ukroboronprom. The Korolev Meridian enterprise, the Sikorsky Challenge holding, and the Mobile Fighting Robots project developers have agreed to cooperate. Within the framework of the agreement, it is planned to cre...

Tuesday, November 9

Kherson plant Pallada, which is part of Ukroboronprom, has signed a contract with the Croatian company ISKRA SHIPYARD to construct a new generation composite floating dock with a capacity of 5,000 tons. The new agreement will allow the plant staff to work...

Tuesday, November 2

The production and sale of combat missiles Luch earned Ukroboronprom ₴72.5 mln ($2.76 mln) in six months. According to the financial results of Luch which is owned by Ukroboronprom, the state firm reported a net profit of ₴72.5 mln. In comparison to the same period in 2020, Luch earned ₴174.2 mln ($6.62 m...

Tuesday, October 26

Ukroboronprom increased production volumes by almost UAH 6 billion ($228 mln) to UAH 26.83 bln ($1.01 bln) for the first 9 months of 2021. This compares to UAH 21.05 bln ($800 mln) for the same period in 2020. If for 6 months of this year production volumes increased by UAH 2.7...

Friday, October 15

Ukroboronprom increased production by 27%. The volume of products produced by Ukroboronprom enterprises in the first nine months of this year exceeded the first three quarters of 2020 by 27.4%. It is noted that in September the firms’ enterpri...

Monday, October 4

President of Ukraine Volodymyr Zelensky has signed the law on the reform of the military-industrial firm, Ukroboronprom. This included the completion of the long and difficult process of drafting a new legislative framework for the development of the Ukrainian defense industry, announced its General Director, Yuriy Husy...

Wednesday, September 29

Ukroboronprom presented a list of Russian-made goods that require import substitution. “As of 2014, our enterprises depended on Russian-made components for more than 12,000 items of various types of products,” said Procurement Director of Ukroboronprom, Roman Avramov. Today,...

Friday, September 3

Ukroboronprom and US defense companies conclude multi-billion-dollar agreements . Fruitful negotiations were held with Lockheed Martin Corporation, Harris Global Communications Inc (a member of the L3Harris Technologies group of companies), Global Ordnance, and Day & Zimmerma...

Friday, April 30

Ukroboronprom, the defense industry conglomerate, has reorganized its structure to eliminate Mustafa Nayem, the reformer who worked for two years as Deputy General Director for Asset Management. “Today is my last day at Ukroboronprom,” Nayem wrote yesterday on Facebook. Of his work, he wrote: “Our tea...

Monday, April 26

The 17 state defense enterprises transferred to the State Property Fund 10 days ago are “the remnants of property that has been torn apart, plundered, ” said Yuriy Husev, Director General of Ukroboronprom, the defense production conglomerate, in an online forum last week. With names like the Ivano-Frankivsk Boiler and Welding Plant, the Transcarpath...

Friday, February 26

Capital investment in Ukraine’s economy fell 28% yoy last year, to $15 billion Capital investment in Ukraine’s economy fell 28% yoy last year, to $15 billion, reports the State Statistics Service. Investment in industry and agriculture fell by 34%; in construction by 36%; in ret...

Two thirds of capital investments came from company funds Two thirds of capital investments came from company funds. State budget funds accounted for 9%. Foreign investors accounted for only 0.4%. The drop in 2020 came after an 11% increase in 2019. During 2...

Directing infrastructure investments into Luhansk, Ukraine’s easternmost region Directing infrastructure investments into Luhansk, Ukraine’s easternmost region, Ukravtodor plans to pave three key road sections this year, totaling 176 km. By comparison, from 2014 to 2019, a total ...

As medical teams started vaccinating yesterday in all 24 regions, the Health Ministry reported a 40% spike in the daily toll of detected cases – 8,147. As medical teams started vaccinating yesterday in all 24 regions, the Health Ministry reported a 40% spike in the daily toll of detected cases – 8,147. By March 31, Ukraine is to receive 2 million dos...

President Zelenskiy has appointed former finance minister Oksana Markarova as ambassador to the United States. President Zelenskiy has appointed former finance minister Oksana Markarova as ambassador to the United States. The president’s office said Thursday: “Oksana Markarova will set an example in the develo...

Ukroboronprom and Pakistan have signed Ukroboronprom and Pakistan have signed an $85.6 million contract for the repair of the main battle tanks that Ukraine sold to Pakistan between 1997 and 2002. The Soviet-design T-80UD tanks were manufa...

The maintenance contract with Pakistan was signed at IDEX-2021, The maintenance contract with Pakistan was signed at IDEX-2021, the week-long international arms exhibition that ended yesterday in Abu Dhabi. “The Ukrainian delegation reached a number of preliminary...

Ukraine accuses Russian hackers of trying to disseminate malicious documents through a web-based system on which government documents are circulated. Ukraine accuses Russian hackers of trying to disseminate malicious documents through a web-based system on which government documents are circulated. The aim was to contaminate information resources o...

At least 1,000 highly skilled engineers would have been required to develop the code that hijacked widely used network software from US-based SolarWinds to deploy malware around the world, Microsoft President Brad Smith told the Senate Intelligence Committee in Washington Tuesday. Smith said: “We’ve seen substantial evidence that points to the Russian foreign intelligence agency, and we...

Ukrainians spend $4.2 billion on imports of new and used vehicles last year Ukrainians spend $4.2 billion on imports of new and used vehicles last year, reports Ukravtoprom, the car industry association. Car imports were down by 11%, to 486,300, or $3.5 billion. Almost 100,00...

Over the next five years, up to $500 million will be invested to develop a year round resort in mountains Over the next five years, up to $500 million will be invested to develop a year round resort in mountains around the century-old Carpathian resort of Slavske, Lviv region. Phase one will include 20 km...

The tourist flow and spending has not changed this winter at Bukovel, The tourist flow and spending has not changed this winter at Bukovel, Shevchenko told Interfax-Ukraine at the Infrastructure Forum. Tourist spending averages €150 per day. Many skiers and snowboarders...

HBO, the US pay TV network, is negotiating with Ukraine to create an “offline attraction” in the Chornobyl Zone HBO, the US pay TV network, is negotiating with Ukraine to create an “offline attraction” in the Chornobyl Zone, deputy presidential chief of staff Kyrylo Tymoshenko, told the Infrastructure Forum. “I...

To prepare for boat tours as early as this year from Kyiv to Chornobyl, the Pripyat River was dredged last year by the Ukrainian Sea Ports Authority. To prepare for boat tours as early as this year from Kyiv to Chornobyl, the Pripyat River was dredged last year by the Ukrainian Sea Ports Authority. To allow the passage of a boat with a maximum draf...

Tuesday, January 12

Imported used cars accounted for 80% of the 438,900 first time car registrations in Ukraine last year Imported used cars accounted for 80% of the 438,900 first time car registrations in Ukraine last year, reports Ukrautoprom, the vehicle industry association. Last month, about 40,000 used cars were re...

Traffic congestion increased in Kyiv last year by about 5%, Traffic congestion increased in Kyiv last year by about 5%, reports the Center for Transportation Strategies, citing the City’s Traffic Center. Traffic on Kreshchatyk increased by 5-10%. Traffic Brova...

Despite the global recession, Ukraine’s steel companies increased rolled steel production by almost 1% yoy, to 18.3 million tons. Despite the global recession, Ukraine’s steel companies increased rolled steel production by almost 1% yoy, to 18.3 million tons. Steel smelting decreased by 1.4% to 20.5 million tons. But pig iron pr...

Consumer prices grew 5% last year Consumer prices grew 5% last year, inside the government’s inflation target range and slightly higher than in 2019, the State Statistics Service reported yesterday. Previous annual inflation rates wer...

Ukraine’s economic recovery will be slower than expected, coming in the spring Ukraine’s economic recovery will be slower than expected, coming in the spring, the Economy Ministry predicted yesterday. Reversing an earlier prediction of economic growth in the first quarter of 202...

The first 700,000 coronavirus vaccines could arrive in Ukraine by the end of February The first 700,000 coronavirus vaccines could arrive in Ukraine by the end of February, Valeriy Pechayev, CEO of the importing company, Lekhim, told reporters yesterday. Contracted to import 1.9 millio...

During the first weekend of the ‘enhanced quarantine’ the National Police issued fines to 1,658 During the first weekend of the ‘enhanced quarantine’ the National Police issued fines to 1,658 violators – 1,314 shops, 264 restaurants, 40 shopping centers and 22 fitness centers. In addition, 3,658...

After a 3-week break for the holidays, the IMF’s Europe Office resumed video talks yesterday with Ukraine’s government After a 3-week break for the holidays, the IMF’s Europe Office resumed video talks yesterday with Ukraine’s government to revive the Stand-By Arrangement signed last June. The program revision was to ...

Ukraine will spend $20 billion this year to repay principal and pay interest on its public debt Ukraine will spend $20 billion this year to repay principal and pay interest on its public debt, according to Finance Ministry figures. About 72% will go to repay domestic debt and 28% to repay foreig...

Ukroboronprom, the state arms production conglomerate, and ProZorro.Sale, the online auction platform, signed an agreement yesterday to put up for auction leases on 250 properties Ukroboronprom, the state arms production conglomerate, and ProZorro.Sale, the online auction platform, signed an agreement yesterday to put up for auction leases on 250 properties around the nation wi...

Details of the properties are posted on the Details of the properties are posted on the Ukroboronprom site under Assets- Investment Property for Rent. These details, plus the mechanics of the auctions, also will be posted on the site of Prozorr...

Looking at Ukroboronprom’s 137 enterprises, Gusev writes: “ Looking at Ukroboronprom’s 137 enterprises, Gusev writes: “Some will go for privatization, because they produce non-military products, and some will cease to exist.” Of the 137, only 28 –or 20% ...

In the first six months of a government-mandated program of online leasing of state and city properties, more than 5,000 auctions have been held In the first six months of a government-mandated program of online leasing of state and city properties, more than 5,000 auctions have been held, Svitlana Panaiotidi, deputy economy minister, told rep...

The US has added seven Ukrainians and four media sites to the Specially Designated Nationals and Blocked Persons List The US has added seven Ukrainians and four media sites to the Specially Designated Nationals and Blocked Persons List for attempting to interfere in the 2020 presidential election, the US Treasury Dep...

Thursday, November 19

Due to the Constitutional Court’s October 27 decision that filing fraudulent asset declarations should be punished Due to the Constitutional Court’s October 27 decision that filing fraudulent asset declarations should be punished, the Ukraine’s new High Anti-Corruption Court said Tuesday that it was forced throw o...