Ulyanovsk region's industry continues to demonstrate good development rates

The region's industrial production index made 103% in the first half of 2019 and exceeded Russian average rate.

 

“The processing industry is of great importance for the region; this indicator has been exceeded by 2.4%. According to the results after six months, we take the fourth place on this indicator in the rating across the Volga Federal District. It is an achievement of our enterprises, which manufacture vehicles, cars and equipment, computers, electronic and optical devices. The aviation industry also demonstrates the best production growth rate. I am sure that thanks to our active support the industry will be able to achieve target indicators following the results of this year”, - Governor Sergey Morozov emphasized.

The region has surpassed target results in production of drinks by 20.4% and by 13.6% in clothes manufacturing. Production of rubber and plastic goods has increased by 35.8%, metallurgical items - by 84.1%. Manufacturing of other vehicles and equipment is 3.3 times higher now.

“OOO "Simaz" (volumes increased 5.4 times), AO "Aviastar-SP" (3.4 times), and OOO "DAAZ" (more than 1.5 time) had the significant impact on growth of the industrial production index in January - June 2019. OOO "Avtodom" and OOO "UAZ-Avtokomponent" have improved their results by 47% and 45.4% respectively. OOO "Mayor", OOO "Joyson Safety Systems Rus", an Ulyanovsk enterprise "Avtokontakt", Ulyanovsk Automobile Plant, and AO "Dimitrovgradkhimmash" also have high performance rates. We hope that in the second half of the year our enterprises will be able to realize the potential and to increase production volumes. This way they will improve last year results, as well as complete long production cycles”, - noted Dmitry Vavilin, Minister of Industry and Transport of the Ulyanovsk region.

In total, Ulyanovsk enterprises of the industrial sector shipped products worth 163 billion rubles over first six months of 2019; 139.6 billion rubles were earned with goods made by the processing industry.

"We always select priority indicators that will be important for us every year. In many respects, results of the first half-year determine what we get in the end. As far as industrial production targets are concerned, everything is going according to the plan - the index will reach 103%. This value is due to the increase in production of the region's major revenue-generating enterprises", - commented Oleg Asmus, Director General of ANO "Ulyanovsk Region Center for Strategic Research".

 

 

13.08.19