KSAMC, which is part of Ukroboronprom, has improved some indicators of their activity. In particular, the volumes of manufactured and sold products grow, the wage fund is increasing. Besides, the saved losses, accumulated for several years, are currently decreasing.
The company produced market goods by approximately 64.2 mln UAH (almost 2.4 mln USD) for 10 months of this year, which is 12.3 mln more (453,000 USD) than in the same period last year.
In May Kharkiv State Aircraft Manufacturing Company resumed regular payment of wages to those who perform production tasks (for the time worked). For 10 months of 2021, the total amount of these payments exceeded 32.4 mln UAH (over 1.9 mln USD), and the wage fund currently makes 72.4 mln UAH (over 2.6 mln USD). Last year, the average salary at Kharkiv State Aircraft Manufacturing Company was 3,485 UAH (almost 129 USD). It increased to UAH 4,920 (180 USD) in October this year. In addition, the management of the Company reduced the saved losses - from 71 mln UAH (approximately 2.6 mln USD) in 10 months in 2020 to 33.3 mln UAH (approximately 1.2 mln USD) in the same period in 2021.
"We expect to get rid of the rest of the saved losses soon," Oleksandr Kryvokon said, general director of the Kharkiv State Aircraft Manufacturing Company. "Yes, the situation is still difficult, but we mildly optimistic towards future, looking for the new ways to increase efficiency."
Kharkiv State Aircraft Manufacturing Company is restoring the trust of the foreign partners. Thus, this year the company is performing repairs of An-74 aircraft for Egypt and Turkmenistan.