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Ulyanovsk region's index of industrial production is by 6.6% higher than the national average


After the first seven months of the year, the region's indicator has increased by 108.5%.

“By the end of July, the industrial production index, which is the most important for us, amounted to 108.5%. In particular, the growth can be seen in the field of , power industry and manufacturing sector, accounting for almost 80% of the industrial production in the Ulyanovsk region. Production of vehicles and equipment, textiles, beverages, wood processing, as well as steelmaking industry, show high performance. All these mean new jobs which are the source of budget revenues and which allow us to develop and create the most comfortable conditions for residents of the region”, - said Sergey Morozov.

According to the First Deputy Chairman of the Government of the Ulyanovsk region Andrey Tyurin, despite the decline in production volumes in the automotive industry, the Ulyanovsk Automobile Plant takes the leading position on the amount of shipped products after the first seven months of the year. “UAZ sold goods worth 14.5 billion rubles. In general, AO "Isuzu Rus" also shows good result on the volume of shipments - 179% compared with the last year, which amounts to almost 5.4 billion. The Ulyanovsk Instrument Manufacturing Design Bureau sold goods worth 3.2 billion rubles, which is by 18% higher than in the same period of 2016. More than 3 billion products were shipped by AO "Ulyanovsk Mechanical Plant". Aviastar-SP and KTTs Metallokonstruktsiya sold goods for a total of 2.3 and 2.1 billion respectively,” - said the first Deputy Chairman.

According to the regional Department of Industry, over the first seven months, Dimitrovgrad Aluminum Casting Plant became the leader among the enterprises with the annual production volume of less than one billion rubles. The company has increased the shipment volume by almost 3 times (306 million rubles). OOO "Mayor" has significantly exceeded last year's results - by 272% (216 million rubles). The same goes for "Zavod Iskra" – 134% (429 million).

In addition, the Ulyanovsk region takes the leading positions in the Volga Federal District on the growth of tax and non-tax revenues. So, after the first seven month of 2017, the consolidated budget of the Ulyanovsk region received more than 27.5 billion rubles of own revenue, which is by 10.3% more than in the corresponding period of the previous year.

"Excise taxes are still the main source of income and they amounted to 9 billion 60 million rubles. We received the individual income tax worth of 7 billion 615 million rubles and the corporation tax worth 5 billion 486 million rubles," - said the Minister of Finance Ekaterina Butskaya.
In addition, in the first half of the year, the regional economy received 22 billion rubles of investments. According to the acting Minister of Competition and Economy Development of Ulyanovsk region Rustem Davlyatshin, there is general increase in the level of investment activity of large enterprises - 106%, which makes approximately 14 billion rubles. "Over the first seven months of 2017, we successfully completed implementation of six investment projects worth over 1.5 billion rubles, which created 570 new jobs. In addition, seven more projects with a total investment of more than 7.6 billion rubles are underway. We signed investment agreements with six major investors for a total amount of 14 billion rubles. In the framework of these agreements it is planned to create over 3,000 new jobs," - said the head of the Department.

According to the experts of the Ulyanovsk Region Development Corporation, the following construction projects are currently in the active stage of implementation: a wind farm of the Finnish company "Fortum", an enterprise for manufacture of low voltage cross connect equipment of the French company "Legrand", the second stage of an industrial park of OOO "Ulyanovsk Technology Transfer Centre", a center for study of pet food of the American Corporation "Mars", facilities for production of telescopic covers for machines of the Czech company "Hestego", an industrial park in the SEZ "Ulyanovsk".

Construction of residential buildings for the reporting period amounted to 373.8 thousand square meters. In turn, the population of the region occupied 2340 residential houses with a total area of 299 thousand square meters, which is by 5.5% more than last year.

As of August 29, in the field of agriculture the average yield of grain and leguminous crops amounted to 30.9 centners per hectare. The region continues to harvest vegetables and for today, almost 3 thousand tons of crops were collected from 105.5 hectares with an average yield of 276 centners per hectare. In addition, households started harvesting flax and mustard.

The unemployment rate in the Ulyanovsk region is one of the lowest among the regions of the Volga Federal District and amounts to 0.49%. After the first seven months of the year, 14367 jobs were created, accounting for 108.2% of the plan set for January – July. One thousand two hundred and sixty-seven were provided thanks to implementation of investment projects.