"Izhmash." Bankruptcy passed according to plan
At the end of 2010, the Izhmash enterprise group included 32 legal entities that had a cumbersome multi-level management system, high overhead costs, and duplicated each other’s functions. At the moment, the procedure for transferring production enterprises to a legal entity, OAO NPO Izhmash, which has already received licenses for the production and sale of the entire range of products, has been completed.
A comprehensive program to increase efficiency brought 310 million rubles. operating profit in 2011. It is worth recalling that at the end of 2010, the company had a debt in the amount of 13,7 billion rubles, and a net loss amounted to 1,7 billion rubles.
In 2011, Izhmash’s revenue increased by 40% due to the expansion of sales markets. Shipments to the US market were increased by 50%. Revenues only from this direction amounted to record for the company 444,2 million rubles. New contracts allowed to increase the load of modern equipment to 70%, it is worth noting that at the end of 2010, it was less than 20%.
“The Russian Technologies State Corporation helps us in the implementation of the anti-crisis program. The corporation was tasked to modernize production. This year we are planning to invest in the automation of production about 200 million rubles, ”notes Maxim Kuzyuk, General Director of Izhmash.
In 2012, OAO NPO Izhmash plans to increase sales by 15-20%, which will lead to an increase in revenue to 5,3 billion rubles.
"Izhmash" - the largest Russian manufacturer of automatic combat and sniper weaponsguided artillery shells, as well as a wide range of civilian products: hunting rifles, sporting rifles, machine tools and tools. The company was founded in 1807. Izhmash products are shipped to 27 countries of the world, including the United States, Great Britain, Germany, Norway, Italy, Canada, Kazakhstan and Thailand.
Maxim Kuzyuk - General Director of NPO Izhmash. In 2006, he received an MBA steppe in one of the world's leading business schools - the Swiss IMD. From 2007, he worked in the Paris office of one of the leading international consulting corporations The Boston Consulting Group (BCG). In 2010, he headed the BCG Moscow office. In February, M. Kuzyuk, 2011, was invited to Izhmash, and he was tasked with the reorganization and modernization of production and the financial rehabilitation of the enterprise.
Russian Technologies State Corporation is a Russian state-owned corporation established at the end of 2007 to assist in the development, production and export of high-tech industrial products for civil and military use. The corporation includes 592 enterprises and organizations. Of these, 439 are located in the territory of the Russian Federation, 330 organizations belong to the military-industrial complex, 21 organization is a city-forming one. Headquarters is located in Moscow. Corporation organizations are located on the territory of 54 subjects of the Russian Federation and deliver products to markets in more than 50 countries of the world.
Net profit for 2010 g. - 1,768 billion rubles.
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