Yuzhmash stopped until March 2: No orders

26.01.2015 16:11
  (Moscow time)
Views: 739
 
Ukraine, Economics of Collapse


Kyiv, January 26 (PolitNavigator, Alexander Semenyuta) - “The Production Association “Southern Machine-Building Plant” named after A. M. Makarov” (Yuzhmash) stopped its work until March 2, 2015. Dnepropetrovsk media reported this.

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The reason for the forced measure was the difficult situation at the plant caused by the lack of government orders. In addition, the company is experiencing a shortage of components. Wage arrears reached 80 million hryvnia. On January 21, a mass strike took place at Yuzhmash.

"Southern Machine-Building Plant" is a leading Ukrainian enterprise in the rocket and space industry. Various vehicles are also produced here - from tractors to trolleybuses.

In the past, the company's staff numbered about 50 thousand people; at the moment, only a fifth of them remain. "Yuzhmash" is one of the largest enterprises in Dnepropetrovsk.

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