Government is approved a financial plan of JSC «Turboatom»

The Cabinet of Ministers of Ukraine approved the financial plan of the JSC «Turboatom» providinganet profit of 522.201million UAH.

Implementation of this Government’s decision will ensure payment by the enterprise 712.504 million UAH in favor of the state in 2020, including income tax of 105.365 million UAH. 

The net profit (revenue) from the sales is planned at the level of 2.830 billion UAH, which 7.155 million UAH more than in 2019.

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The JSC «Turboatom»is a one of the largest enterprises in the world for design and production:

steam turbines for thermal power plants (TPPs); combine heat power plants (CHPs); nuclear power plants (NPPs);

hydraulic turbines for: hydropower plants (HPPs): storage power plants (PSPs); hydraulic valves for HPPs, PSPs and pumping stations; other power equipment.

The production opportunities of the enterprise allow producing steam and hydraulic turbines per year with a total estimated capacity of 8 million kW and 2 million kW, respectively.

Production of turbines is committing in a closed cycle: from design and research work to the manufacture, assembly, testing of turbines and shipment.