An official reception was organized by SE SFTE ”SpetsTechnoExport” on 8 July 2019 in Hilton Kyiv on the occasion of 21st anniversary of the company’s establishment. The event was attended by over 130 invited visitors, including representatives of foreign diplomatic agencies in Ukraine, chief executives of state and private defense companies from Ukraine and partner countries, representatives of government institutions.
Mr. Vladislav Belbas, Director of SFTE ”SpetsTechnoExport”, presented to the event attendees the results of company's work for 2018 and voiced the company's key medium-term objectives.
Thus, in 2018 SFTE "SpetsTechnoExport", as a part of SC "Ukroboronprom", has performed the foreign economic defense contracts worth a total of USD 152.6 million, which is 27% more than in 2017. According to the results of its activities in 2018, the company has paid UAH 145.8 million taxes and dividends to the state and provided multimillion export orders for Ukrainian state and private defense enterprises.
At the same time, in 2018, 148 new defense contracts were signed for USD 282.5 million being the record amount over the past 5 years. Thus, the volume of new contracts increased by 2.5 times compared with previous years. Significant growth of this index was demonstrated in both export and import fields of the company activity.
When discussing the company performance results, special attention was paid to positive dynamics in the development of joint innovation projects with foreign companies. Mr. Vladislav Belbas, company Director, noted that today SFTE "SpetsTechnoExport" is engaged jointly with its partners in the implementation of such projects as creation of plasmajet engines for space vehicles, development of a new propulsion plant, testing the new protection means for armored vehicles, investigations of electromagnetism in defense sphere, creation of new models of high-precision weapons and munition.
It was also noted that, within the company import activities for the needs of Ukrainian military, it was possible to successfully supply during 2018 armored vehicles, small arms, radio communication systems, military parachute systems.
In the course of the event, the visitors spent their time communicating, making business contacts and exchanging ideas with colleagues in the field of activity.
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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