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Industrial production volume doubles in four years in Dagestan

09 December 2016 09:42 Posted in:  BUSINESS
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Makhachkala, December 9, 2016. The volume of industrial production has doubled since the beginning of the current year in the Republic of Dagestan. Thus, for the last four years the index of industrial production amounted to 34.9%, the Minister of Industry and Trade of the region Yusup Umavov says.

"The industrial output has doubled in the republic. Positive dynamics of industrial production is maintained in ten months of 2016 as well. From January to October, 2016, the index of industrial production amounted to 34.9% in the region. This is a very good result achieved thanks to our industrial enterprises"- Umavov said at the ministerial sitting devoted to the discussion of interim results for the year.

The highest rates have been achieved by the plant "Dagdizel" (in 2.3 times), the concern "Kizlyar Electromechanical Plant" (in 1,7 times), the Gadjiev Plant (in 1.6 times) and the "Stekloplast" JSC (in 1.5 times).

"These figures indicate correctly oriented policies of enterprises and the good work of their managers," - the minister noted.

The volume of shipped goods, production rate, the volume of works and services rendered from January to October 2016 amounted in total more than 40 billion rubles making a 26.2% increase, or 8.3 billion rubles in comparison with the same period of the last year (2015). Since the beginning of the year, the industrial enterprises of Dagestan created 311 new jobs, of which 225 in high technology sector.

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