Sokol Aircraft Plant cuts net losses 34% in 2012

March 2013
Russia & CIS Business & Financial Newswire;3/28/2013, p1
NIZHNY NOVGOROD. March 28 (Interfax) - OJSC Sokol Aircraft-Building Plant (RTS: NASO) in Nizhny Novgorod posted net losses to Russian Accounting Standards of 1.07 billion rubles, down 33.7% on 2011, the company's accounts report shows.


Related Articles

  • A tale of two Quarterlies. Garvey, William // Aviation Week & Space Technology;8/16/2010, Vol. 172 Issue 31, p39 

    An article is presented that reports on the financial status of the private business jet company NetJets, a subsidiary of holding company Berkshire Hathaway. The article discusses cost-cutting measures at NetJets implemented by executive David Sokol. To reduce costs, Sokol closed offices,...

  • Sokol aircraft plant to waive 2012 dividends. Interfax // Russia & CIS Business & Financial Newswire;6/ 3/2013, p1 

    NIZHNY NOVGOROD. June 3 (Interfax) - Shareholders of Sokol Aircraft Building Plant (RTS: NASO) in Nizhny Novgorod voted at their AGM Friday to waive 2012 dividends due to a lack of net profit, an Interfax correspondent reported from the meeting.

  • NAZ Sokol to finish first sage in modernization project in 3Q 2014. Interfax // Interfax: Russia & CIS Military Newswire;2/10/2014, p1 

    NIZHNY NOVGOROD. Feb 10 (Interfax-AVN) - Nizhny Novgorod Aircraft Plant Sokol (NAZ Sokol) plans to complete the first stage of a modernization project in the third quarter of 2014 under a federal program for the reorganization of the military-industrial complex, Sokol's General Director...

  • UAC issues order on purchase of minority stakes in aircraft maker Sokol. Interfax // Russia & CIS Business & Financial Newswire;8/14/2013, p1 

    NIZHNY NOVGOROD. Aug 14 (Interfax) - OJSC Nizhny Novgorod Aircraft Building Plant Sokol (RTS: NASO) on Wednesday received an order from controlling shareholder United Aircraft Corporation (UAC) on purchase of shares from minority shareholders, Sokol said in a statement.

  • Aircraft plant Sokol makes 68.5 mln rubles RAS net profit in H1. Interfax // Russia & CIS Business & Financial Newswire;8/14/2013, p1 

    NIZHNY NOVGOROD. Aug 14 (Interfax) - The Nizhny Novgorod-based aircraft factory OJSC Sokol (RTS: NASO) made net profits to Russian Accounting Standards (RAS) of 68.525 million rubles in the first half versus 212.95 million rubles in net losses incurred in the same period last year, the company...

  • Sokol Splits From NetJets. Anselmo, Joseph C.; Garvey, William // Aviation Week & Space Technology;4/4/2011, Vol. 173 Issue 12, p16 

    The article reports that Jordan Hansell has been named chief executive officer of fractional aircraft operator NetJets. The author comments on the resignation of previous chairman David Sokol.

  • United Goal. Komarov, Alexey // Aviation Week & Space Technology;12/14/2009, Vol. 171 Issue 22, p60 

    The article reports on the move of Russian aerospace company United Aircraft Corp. (UAC) to establish a three-unit corporate structure to simplify management of its enterprises in November 2009. The three business elements of the structure are cited, including the commercial aircraft unit. The...

  • Sokol Aviation Plant planning 867-million ruble reconstruction of flight testing base. Interfax // Interfax: Russia & CIS Military Newswire;9/10/2014, p1 

    NIZHNY NOVGOROD. Sept 10 (Interfax-AVN) - The Sokol Aviation plant based in Nizhny Novgorod (part of the United Aircraft Corporation, UAC) is planning reconstruction and retooling of its flight testing complex, according to the website of the Russian government contracts.

  • Globe Mfg. to Cut 130 Spandex Jobs. Malone, Scott // WWD: Women's Wear Daily;1/9/2001, Vol. 181 Issue 6, p7 

    Reports on the decision of textile producer Globe Manufacturing Corp. to cut the manufacturing and administrative jobs from its plant and headquarters in Fall River, Massachusetts. Factors influencing the decision of the company; Amount of the company's revenues and net loss.


Read the Article


Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics