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Problems of small- and medium-sized business were treated during a dedicated section of the ITF 2015

Site news 26.03.2015

March 26, 2015, Rybinsk. - During a dedicated section titled “The forms and types of government support of the small- and medium-sized businesses in the Yaroslavl Region” organized under the aegis of the second international technological forum in Rybinsk, the parties reviewed the topical issues the small- and medium-sized business is faced with on a daily basis.

6 keynote reports were presented during the section. The participants shared about the development of the small- and mid-sized companies, the activity of the office of the Authorized representative for the defense of the entrepreneurs’ rights and discussed the functioning of the Yaroslavl regional business incubator, a state organization operating in the region. The section also showcased the operation of the Fund for supporting the small- and medium-sized companies, the Euro-Info-Correspondent Center and the credit-guarantee mechanisms rendering support to the small companies dealing with the industrial complex.

The section moderator Galina Krokhmal, chair of the committee for supporting the entrepreneurial activity in the innovative policy department of the Yaroslavl regional government noted as follows “nowadays, the small- and medium-sized entrepreneurs play an important role in the socioeconomic development of the Yaroslavl Region. They are present virtually in every branch of the region’s economy. According to the available data, the non-production sector is still more appealing to the SMB than the economy’s real sector. Such regional repartition of the small and medium businesses is caused by the lack of their own financial resources, the infrastructure’s underdevelopment, the shortage of highly-qualified personnel and the low industrial activity of the small business in general. With the colleagues we did a brainstorming on how to lower the impact of these factors on the SMB. Through common effort, we will be creating incentives for the small businesses to deliver products and render services as outsourcers to the industrial customers.”

The NPO Saturn Research and Production Association (OJSC) is an engine-manufacturing company specialized in the design and development, production, and after-market support of gas turbine engines for military and commercial aviation, naval ships, and power-generating plants and gas-pumping units. The association is part of the Union of Russian Mechanical Engineers, an All-Russian public organization.

NPO Saturn is part of United Engine Corporation (JSC) and acts as the leader of the Commercial Engines Division, a business unit of UEC founded on 09.10.2012 as a result of integration of the following companies: NPO Saturn (OJSC), Aviadvigatel (OJSC), PMZ (OJSC), Metallist-PM (CJSC), Energetik-PM (OJSC), Motoservis-PM (CJSC), and Zheleznodorozhnik-PM (CJSC).

United Engine Corporation (JSC) (a Rostec State Corporation company) is an integrated organization specialized in the design and development, serial production, and after-market support of the engines for military and commercial aviation, space programs, the Navy, as well as for the oil and gas industry, and power generation. One of UEC’s prioritized fields of activity is the implementation of comprehensive programs of development of the companies in the industry by introducing new technologies meeting the world-class standards. In 2013 revenues of the corporation amounted to RUB 158.9 billion.

The Rostec State Corporation is a Russian corporation established in 2007 in order to facilitate the development, manufacturing, and export of high-technology industrial products of military and commercial application. Today, it comprises over 700 companies, which form 9 defense-industrial and 5 civil industry holdings, as well as 22 direct control companies. The Rostec portfolio includes such renowned brands as AVTOVAZ, KAMAZ, Russian Helicopters, VSMPO-AVISMA, etc. Rostec’s subsidiaries are located in 60 regions of Russia and deliver their products to over 70 countries worldwide. In 2013 revenues of the corporation amounted to RUB 1.04 trillion. Total taxation exceeded RUB 138 billion.

NPO Saturn press service
Phone: +7 4855 296898

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