Saturn has summed up the results for the first half of 2013

The results of operation of JSC "NPO" Saturn "in the 1st half of 2013 are characterized by a stable and dynamic economic growth.

The volume of output in H1 2013 reached 8 billion rubles, which is more than 2 times higher than in the corresponding period last year.

Revenue from product sales amounted to 7.9 billion rubles. and increased in comparison with the achieved level of the 1st half of 2012 by 2.5 times.

At the end of the 1st half of 2013, "NPO" Saturn "profit from sales in the amount of 0.6 billion rubles. against 0.8 billion loss a year earlier.

According to the Deputy Managing Director — Director for Economy and Finance of JSC "NPO" Saturn "Alexey Sobolev," these results are the result of systematic work aimed at increasing the portfolio, the development of the product line and the establishment of new production facilities.

Improving performance ensured a steady growth of wages to employees of the company. So, for six months in 2013 the average monthly wage of employees reached 29 thousand rubles., Up to last year’s level of 15%.

Investments in the 1st half of 2013 amounted to 1.5 billion rubles., 53% higher than in the corresponding period last year.

Formed order backlog predicts a further substantial increase in the volume of production and sales both in 2013 and in 2014-2015. "

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