OREANDA-NEWS. August 25, 2010.  “Tochmash” Vladimir Production Association Opened Joint Stock Company (the enterprise of Rosatom State Corporation) summarized the results of financial and economic activity in the first half of 2010.

The revenue from product sales for the accounting period has comprised 2,226.8 million rubles, which is 27.9 million more than it was in the first half of 2009. The net profit is 257.4 million rubles.

The economic output for the accounting period has comprised 2,206,166 thousand rubles. The bulk of this amount is the output of the main products in the interest of the nuclear power industry (gas centrifuges) – 1,827,036 thousand rubles.

“Tochmash” VPA OJSC has also produced equipment for spent nuclear fuel to the amount of 23,407 thousand rubles. The output of the products for special purposes for the first half of 2010 amounted to 129,102 thousand rubles; while the output of the equipment produced by auto- and industrial machines has comprised 129,032 thousand rubles and 26,646 thousand rubles respectively. The total output of other products is 70,943 thousand rubles.

In comparison with the same period in the past year “Tochmash” has increased its production output by all indicators. For the first half-year period the plant has mastered and is preparing for production a set of new equipment.

“Tochmash” VPA continues to implement strategic objectives set by TVEL Fuel Company aimed at upgrading of the production efficiency and quality. The enterprise is implementing the “New Look” program, aimed at development of labor productivity, staff salary increase and cost reduction by means of energy efficiency and optimization of production facilities.