: Big future lies ahead for Ukraine's aircraft engineering

17:06 Apr. 23, 2016

Big future lies ahead for Ukraine's aircraft engineering

Photo source: ivchenko-progress.com

Poroshenko commends Ukrainian aircraft manufacturing enterprises

Ukrainian President Petro Poroshenko on Friday visited Progress Machine-Building Design Bureau of Zaporizhia and took part in the launch of a new AI-450 engine test bed, according to the official website of the President of Ukraine.

Poroshenko examined the enterprise and watched samples of various engines, the president's press service reports.

The President congratulated aircraft constructors on the fact that Ukraine had entered the top-5 list of countries with full cycle aircraft production.

"People are the most valuable capital of this enterprise. They are its pride and glory," Poroshenko said addressing the staff of the enterprise. The president noted that due to their hard work Ukraine is rightly considered one of few countries in the world capable of producing modern aircrafts.

"The enterprise doesn't stand still. It implements modern technologies and demonstrates positive economic and financial results," Poroshenko said.

Read also Good-bye Russia. India's aerospace industry chooses Ukraine

The Head of State noted a successful work of Ukroboronprom on the substitution of components previously supplied from Russia: "We have elaborated an import substitution system and our constructors have fulfilled this task."

According to the President, the volume of production at Ukroboronprom has been tripled, which means that thousands of jobs have been saved and new jobs have been created. Progress Design Bureau hasn't lost any of its constructors as well.

Read also Ukroboronprom, Turkey plan joint production of radar equipment

Poroshenko emphasized that he would provide support for the Ukrainian manufacturers to enter new markets. "Ukrainian aircraft manufacturing has a great future," the President said adding that Ukrainian products had recently entered the market of Saudi Arabia and India.

 

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