Головна сторінка
/
Новини
/

Motor Sich targets USD 800 mln sales in 2012

Motor Sich targets USD 800 mln sales in 2012

23 January 2012

Motor Sich (MSICH UK) secured 95% of its targeted 2012 order book of USD 800 mln, an undisclosed company representative said on Friday (via Interfax). The company expects to completely book its orders for the year by mid-February. Most of the contracts have 3-5 year terms.

Roman Dmytrenko: We estimate Motor Sich’s three largest contracts with Russia, China and India, which were announced and signed in 2011, will contribute USD 460 mln to sales this year (55% of the 2012 order book). Demand for helicopter engines looks stable as Russian Helicopters (the company’s main consumer) alone said it ordered for 1,000 helicopters over the next five years. At the same time, the company’s 2012 order book is 20% less than last year’s USD 1 bln target, which CEO Vyacheslav Boguslayev announced last summer. We relate Boguslayev’s optimistic goal for 2011 to a Chinese contract that could have been significantly increased if Motor Sich agreed to sell its AI-222-25F engine production technology to China.

Останні новини

News

23

02/2022

Separatists may claim entire territories of two Ukrainian regions

Russia has recognized “all fundamental documents” of the self-proclaimed Donetsk and Luhansk People’s Republics (DNR...

News

23

02/2022

U.K. to provide USD 500 mln loan guarantee for Ukraine as IMF mission starts

The British government is going to provide up to USD 500 mln in loan guarantees...

News

23

02/2022

MinFin bond auction receipts jump to UAH 3.5 bln

Ukraine’s Finance Ministry raised UAH 3.3 bln and EUR 7.2 mln (the total equivalent of...