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UEC-Saturn PJSC and Joint-Stock Commercial Bank Novikombank are developing their cooperation

Site news 30.06.2020

June 30, 2020, Rybinsk. Questions related to the strengthening of partnership and further cooperation were discussed by the management of JSCB Novikombank and UEC-Saturn (part of United Engine Corporation, a Rostec company) at the Rybinsk production site on June 26.

The visit of Novikombank representatives - German Belous, Deputy Chairman of the Management Board; Aleksandr Doshlygin, Project Manager of Retail Business Department; Viktoria Ryabkova, Front Office Manager in Rybinsk - to UEC-Saturn started with a meeting on cooperation development. UEC-Saturn was represented in that meeting by Viktor Polyakov, Deputy General Director – Managing Director, and Ilya Konyukhov, Deputy Managing Director - Economics and Finance Director. Then in the foundry and machining shops, at the assembly line and test benches they familiarized themselves with the production activity of the enterprise and in the exhibition hall (museum) – with products released by the company for over a century of its history. 

“We visit Rostec companies on a regular basis. In our work it is important to know “live production”, manufacturing processes, and real people. I am pleasantly impressed by what I have seen at UEC-Saturn today, especially by the production standards existing here, by the workshop logistics enabling cost saving and by the orientation of each production stage to its targeted cost. The future is in such production,” pointed out German Belous, Deputy Chairman of the Management Board. “Among the objectives of our today’s visit there are the following: to have a look at how our office in Rybinsk operates, to get feedback, to make sure that it is of as much benefit as possible in all the aspects of the financial institution’s activity and contributes to structuring the processes required by the company at the moment.” 

“It is comforting that it is not just a corporate bank – these are our partners and colleagues. The company feels the “strong shoulder” of the bank in everything. The share of Novikombank in the loan portfolio of UEC-Saturn is quite large. I hope our further cooperation in this field will be fruitful as well,” said Ilya Konyukhov, Deputy Managing Director - Economics and Finance Director. “Today we are also discussing questions concerning the payroll project – a social payment card, it is another key point for us as related to the social security of employees; the program is gradually gaining speed. I think we will find all the touch points that will be effective and optimal for the bank and the company.” 

The cooperation of UEC-Saturn and Novikombank has lasted over ten years. Novikombank founded in 1993 is among the 20 biggest banks of Russia and offers its customers services in all the segments of financial market. In 2016, Novikombank became the base bank of the Rostec State Corporation. The Rostec social payment card is an exclusive product of the bank, such a card is emitted for employees of the State Corporation. Novikombank has developed a new unique design of the co-branded social payment card specifically for people of the United Engine Corporation and companies that are parts of the UEC. UEC-Saturn entered the project in November, 2019. In January, 2020 Novikombank opened a front office in Rybinsk within the scope of the regional network development program aimed at the expansion of bank representation in the cities where corporation companies are situated. 

PJSC "UEC-Saturn" is an engine-manufacturing company specialized in the design and development, production and after-market support of gas turbine engines for commercial aviation, power generation and gas compression as well as for ships and vessels.

PJSC UEC-Saturn is a member of Russia’s Mechanical Engineers Union, an All-Russian industrial association of employers. The Yaroslavl regional division of the All-Russian public organization “Russia’s Mechanical Engineers Union” is headed by PJSC UEC-Saturn's Managing Director. 

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 engines for military and commercial aviation, space programs, the Navy as well as for the oil and gas industry and power generation.

Rostec State Corporation is one of the biggest industrial companies in Russia.  It includes over 800 scientific and production enterprises in 60 regions of the country. The key areas of activity are aircraft industry, radio electronics, medical technologies, innovative materials etc. The Rostec portfolio spans such renowned brands as AVTOVAZ, KAMAZ, Russian Helicopters, UEC, Uralvagonzavod, Shvabe, Kalashnikov Concern and others. Rostec is fully engaged in the implementation of 12 national projects. The company is a key supplier of Smart City technologies, it deals with the digitalization of state management, industry, social sectors, devises development plans for 5G wireless communication technologies, industrial Internet of Things, big data and block-chain systems. Rostec is a partner of the world's leading manufacturers such as Boeing, Airbus, Daimler, Pirelli, Renault etc. The corporation's products are delivered to more than 100 countries. Almost a third of the company's receipts comes from the export of high-tech products.

UEC-Saturn PJSC press service
Phone: (4855) – 328-898,

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