In 2018, the SFTE Spetstechnoexport, which is part of the State Concern "Ukroboronprom", has executed foreign economic defense contracts with the total value of 152.6 million USD, which is 27% more than in 2017. At the same time, in 2018, 148 new defense contracts were signed for a record for the past 5 year’s amount of 282.5 million USD. Thus, the volume of new contracts has grown 2.5 times compared to previous years. Significant growth in this index has shown both export and import directions of the company's operations.
As a result of its activities in 2018, the company paid 145.8 million UAH of taxes and dividends to the state and provided multi-million export orders for Ukrainian state and private defense enterprises.
Last year SFTE Spetstechnoexport shipped products and signed new contracts with more than 30 countries of the world. The largest export partners of the enterprise in 2018 were India, Algeria, Myanmar, China, Equatorial Guinea and Poland. At the same time, with the signing of new export contracts in 2018, the greatest growth was shown by cooperation with Turkey, the Czech Republic, Azerbaijan, Indonesia, and the Republic of Korea.
The bulk of the enterprise's export activities are supplying systems for the modernization of equipment and services for the resource continuation of the Soviet samples of the equipment in aviation, armored, air defense systems. At the same time, in the export structure there is the positive dynamics of growth of the share of new products of Ukrainian enterprises, in particular, in the areas of missile systems, armored vehicles, UAVs, space technologies.
The main areas of work of Spetstechnoexport for import in 2018 were the supply of military radio-communication systems, small arms and ammunition, light armored vehicles. The enterprise successfully and on time executes all contracts under the State Defense Order.
In order to provide effective marketing work, more than 130 visits of foreign delegations to Ukraine were organized during 2018 to negotiate and demonstrate the products of Ukrainian defense enterprises. The enterprise organized a demonstration of Ukrainian defense industry products at 5 international specialized exhibitions in 5 countries of the world.
To date, Spetstechnoexport offers its partners a number of long-term programs for the licensing of Ukrainian weapons production in the countries of customers, the organization of joint production for the needs of third countries, joint research and implementation of offset programs. In 2018, the company began to implement a number of new projects using these mechanisms and looks forward to their high performance in the future.
For several years, about 10% of the company revenue is received from the implementation of research projects carried out in the interests of foreign customers. These are unique projects, which, at the expense of foreign customer, develop new technologies, based on domestic scientific schools. Thus, during 2018, domestic defense enterprises were provided with marketing support or financial resources of foreign partners were attracted for implementation of a number of innovative projects, in particular:
ABOUT SPETS TECHNO EXPORT
State Foreign Trade Enterprise “SpetsTechnoExport” is a fully state-run entity incorporated by the Government of Ukraine in 1998 for export-import activities at foreign armaments markets.
7, Stepana Bandery Avenue
Kyiv, 04073, Ukraine
tel: +380 44 5685070
fax: +380 44 5685068
New Delhi, India
Tel: +380 (44) 5685207
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