UAPO received 500 million rubles from Federal Development Fund of Russia for investment projects

The Russian Industry Development Fund financed the project of the Ufa Aggregate Production Association (UAPO) for 500 million rubles under the Conversion financial support program. The enterprise will expand the capacity of the existing test site and create a test center for power supply systems on its basis.

The second project financed in 30 million rubles is the technical re-equipment of facilities for the technological preparation of production under the financial support program "Leasing Projects".

Due to the project, the share of foreign manufacturers in the power supply systems market for aviation will decrease from 26% to 16%. The level of localization in the production of power supply systems will also increase to 100% due to the production of all components on our equipment.

The primary consumers of the finished products will be the largest aviation enterprises in Russia - the corporations Tupolev, Irkut, Sukhoi, Il, and the Ural Civil Aviation Plant.

The Industrial Development Fund has been actively operating in the republic since 2017. During that time, 85 projects of industrial enterprises have been supported, with a total investment in the economy of Bashkortostan of more than 30 billion rubles, including 10.6 billion rubles attracted from the Russian Industrial Development Fund. Projects are supported as part of 24 funding programs, of which 12 are local, and 12 are through the federal Industrial Development Fund.