Supervisory Board of the Joint Rocket and Space Corporation (ACCD) has approved the program of financial rehabilitation of the State Research and Production Space Center (Khrunichev) Khrunichev. The new company’s management assesses its condition as critical, but after six years, promises to make the center “the world’s best manufacturer of rockets and boosters.” Issue price – more than 56 billion rubles.
Yesterday the new CEO Khrunichev Andrew Kalinowski presented the draft program of financial recovery, the development of which was carried out under orders from Prime Minister Dmitry Medvedev on 10 April. The Supervisory Board of ACCD, headed by Andrei Klepach, the program approved, so as soon as all the necessary documents will be sent for approval to the relevant departments and the Federal Space Agency, and then the government. “The program will be accepted less than a month, since the need for urgent funding is serious enough,” – said the head of the ACCD, Igor Komarov, adding that “the situation is difficult, but not hopeless.”
Data analysis conducted by experts, excerpts of which appeared on the website of Khrunichev, indicate a critical condition of the enterprise: the cumulative loss from operating activities of the Centre in 2007 reached 11.9 billion rubles. and debts to suppliers – 14.7 billion rubles. Forecast for net profit margin for the year is negative – minus 27%, labor productivity in the company is 30% lower than the industry, and the salary is an average of about 37 thousand. Rubles. In addition, the load center is not more than 40%, and the production itself being very irregularly (up to 42 months at a rate of 21 a month), depreciation of equipment is 60%. “Now we begin to lose the market for commercial launches in America and Europe – lamented Mr. Kalinovskiy.- Price federal starts growing. Task – to reduce the cost of start-up, if we want to stay on the market.”
In order to stabilize the operation of the enterprise, GKNTSP will apply to the VEB asking for a loan of 38 billion rubles. (Maturing until 2023). Of these, 27 billion rubles. required in 2015, has 4 billion rbl.- in 2016, 7 billion rbl.- in 2017. In addition, according to the deputy director general of ACCD Pavel Popov, the possibility of interest rate subsidy for the state account – thus expected to attract grants for 9 billion rubles. Another 10 billion rubles. Khrunichev invests its own funds: in the years 2016-2025 will be long-term contracts for the production of carrier rockets “Proton-M” and two types of “Angara”, as well as boosters “Briz-M”. Total for financial stabilization center will require 56.4 billion rubles.
According to Mr. Kalinowski, by 2020 the center has become “the world’s best manufacturer of rockets and boosters.” Since 2015, the company should start to receive earnings and a 2022 – will be available for dividend payments. Concentration of production at sites in Moscow and in the territory of Omsk association “Flight” will lead to an increase in labor productivity is nearly three times in 2018. More than half of the area of the plant for the production of “Proton” in Moscow will go in 2018 under the jurisdiction of the state banks, it will get rid of unused shops, reduce costs and reinvest in production. The center itself will reduce the range of its products, refusing to release small satellite modules for the ISS. The total area of the rocket-space enterprise in Moscow will be reduced from 140.6 ha in 2014 to 52 ha in 2018, a decrease of 63%. In this manufacturing facility will be reduced from 341.3 thousand. To 123.1 thousand. Sq. m. Salary increase from 37 thousand. to 78 thousand. rbl.- it, according to the head of Khrunichev, will solve the personnel problem in the enterprise.
No comments:
Post a Comment