Ukraine's space and rocket industry sees output rise by 2% in 2015

18:05, 08.04.2016 1 min read

The enterprise of Ukraine's space and rocket industry in 2015 increased production by 1.8% in comparison with 2014, to UAH 2.9 billion.

According to the press service of the State Space Agency of Ukraine, sales of products in the industry increased by 5.7% in 2015 to UAH 3.05 billion.

Among the stably working enterprises, ensuring the growth of production in the industry, were Arsenal, Scientific Research Technological Institute of Instrument Engineering, Ukrkosmos, Pivdenne Design Bureau, Pavlohrad Chemical Plant, Dniprovsky Design Institute.

The press service said in the total sales the share of exports amounted to 60.3%. Exports increased by 6.6% compared to 2014. Deliveries to the Russian Federation, except for the fulfillment of international contracts, have been terminated. At the same time, exports to the United States increased by 3.7 times, to EU states by 3 times, former USSR countries, except for the Russian Federation, by 2.5 times, other countries by 1.5 times, reads the report.