Economy 2021-06-15T07:33:00+03:00
Ukrainian news
UkrOboronProm To Place Some Of Lviv Armour Vehicle Factory Employees On Leave Without Pay Over Short Funding

UkrOboronProm To Place Some Of Lviv Armour Vehicle Factory Employees On Leave Without Pay Over Short Funding

UkrOboronProm, Lviv Armour Vehicle Factory, leave, employees, short funding

UkrOboronProm state concern is likely to place some of the employees of Lviv Armour Vehicle Factory state-owned enterprise (part of the concern) on leave without pay over short funding.

Ukrainian News Agency learned this from an UkrOboronProm's statement.

The concern without government assistance, thanks to its internal resources developed the armoured vehicle Dozor, the unmanned Fantom and the versatile aerial vehicle Horlytsia.

As Ukrainian News Agency earlier reported, UkrOboronProm recorded an EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) of UAH 2,452 million for the first nine months of 2016.

UkrOboronProm's net revenue in 9M was UAH 18,536 million, up UAH 4.1 billion (28.4%) year over year.

In 9M, the company's capital investments increased UAH 51.796 million (10.9%) to UAH 527.73 million.

Founded in December 2010, UkrOboronProm comprises 125 military-industrial enterprises.


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