Index of industrial production in Ulyanovsk region made 102.4% in the first five months of 2019

Outcomes of the work carried out by industrial enterprises in the region and measure of the state support were discussed at the meeting of the Council for Industrial Policy on 28 June.


“We discussed the possibility of providing further financial assistance to solve the majority of issues prioritized by industrial enterprises. About 1.5 billion rubles of extra funding will be used for these purposes. This money will help to stimulate purchasing power of the population and business entities, which, for example, will want to purchase UAZ vehicles. A number of programmes will be launched in the nearest future; they will use cumulative financial reserves. Thanks to the taxes collected in the first half of the year, we will be able to use about 2 billion rubles to develop the real sector of economy and the social sphere”, – Governor Sergey Morozov noted.

Currently textile manufacturers of the Ulyanovsk region receive support in the form of subsidies for partial compensation of expenditures on different types of energy. In addition, this year it is planned to keep and improve subsidies to cover some part of utilities expenses for socially important enterprises that have more than 50% of employees with disabilities. The region has three such enterprises – OOO "DimitrovgradZhgutKomplekt", OOO "Avtokontakt" and Ulyanovsk Social and Rehabilitation Center.

The regional project "Industrial Export" under the International Cooperation and Exports national project will help to develop the Ulyanovsk region's industry and to increase the volume of competitive goods production.

“Thanks to this project, enterprise can receive state support in the form of borrowed funds at the annual subsidized interest rate of 4-5%. This money will be used for implementation of corporate competitiveness enhancement programmes (CCEP). Four enterprises of the Ulyanovsk region have provided such programmes. A consolidated list of entities involved in CCEP will be created after the selection stage. After its approval, it is planned to sign agreements with participants of the programme to provide them with preferential bank loans”, - said Andrey Tyurin, First Deputy Prime Minister of the Ulyanovsk region.

Over the first five months of 2019, Ulyanovsk enterprises have shipped products worth 139 billion rubles. Positive dynamics can be seen in regard to the industrial production index of the processing industry. Production of other vehicles and equipment has increased by 4.2 times, metallurgical production – by 96.3%, production of rubber and plastic goods – by 31.2%, and repair and installation of machines and equipment – by 24.5%.

Several enterprises greatly influenced the growth of production index in January-May. These include OOO "Simaz" that has increased its output 6.6 times, AO "Aviastar-SP" (4 times), OOO Avtodom (2.4 times), OOO "UAZ-Avtokomponent" (by 46.2%), OOO "Mayor" (by 32%), OOO "Joyson Safety Systems Rus" (by 23%), OOO "Ulyanovsk Enterprise "Avtokontakt" (by 22%), OOO "UAZ", and AO "Ulyanovsk Motor Plant".