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NPO SATURN OJSC AND THE URAL FORGE OJSC SIGN A LONG-TERM PRODUCT SUPPLY AGREEMENT

Site news 15.11.2012

On 15 November 2012 in the frame of the “Metal-Expo 2012” international exhibition NPO Saturn, a Russian aircraft engine manufacturer and The Ural Forge, a Russian metallurgic company, part of the Mechel company, signed a long-term agreement for supply of forged and pressed rough parts spanning the period of 2013 – 2015. The overall sales volume under the said agreement will amount to around 400 tons over a three-year time period.
According to Dmitry Bashmakov, NPO Saturn director of purchasing and logistics, “The Ural Forge has long been a reliable partner of NPO Saturn with regard to supply of raw materials. This long-term agreement puts the relationship between the two companies on a new partnership level. That will allow us to purchase rough parts on privileged conditions and will make the transactions more transparent for both parties while fully ensuring the on-time delivery of the end product, namely our engines to the customer. To our partner this long-term contract guarantees a stable loading of their production capacity which will also allow to pre-plan production of rough parts and enter into long-term agreements with suppliers of rough parts”.


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