06.03.2012
Ufa, March 6, 2012 The Ufa Engine Industrial Association (UMPO) has announced its 2011 results. The company’s income grew in comparison with 2010 and amounted to 21,065 million rubles (20,376 million rubles in 2010). The bulk of the company’s 2011 income was income from fulfilling contracts to deliver and service AL-31F aviation engines.
The share of exports reached 72% of the total production volume (this indicator also includes deliveries for Russian aircraft companies preparing products for export).
The data presented in this press release describe the expected results for UMPO in 2010 and are based on current, preliminary information about production and financial activity which have not been subjected to auditor oversight. Therefore, the actual results and indicators may vary from announced 2010 activity.
Ufa Engine Industrial Association (UMPO) is one of the largest producers of aviation engines in Russia. Its primary areas of business include the production, service, and repair of turbo-jet aviation engines and gas turbine units, as well as production and repair of helicopter technology units. UMPO is part of the United Engine Corporation, a wholly-owned subsidiary of OBORONPROM handling engine-building assets.
United Industrial Corporation OBORONPROM is a multi-faceted machine-building group founded in 2002. It is a part of the Russian Technologies group of companies. Its primary areas of business include helicopters (Russian Helicopters), engine-building (UEC), and other assets. The company’s revenues in 2011 exceeded 229 billion rubles.
UMPO
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Contact person: Asya Kulagina