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Ulan-Ude Aviation Plant, part of Russian Helicopters, implemented an investment project to modernize its stamping and machining production, including a new digitally-controlled elastoforming press. The project aims to reduce labor intensity by 34.7% and production cost by 26.9%.
STAN PLC signed government contracts to supply 28 machining centres to Tatarstan defence enterprises for 1 billion rubles in 2020, with a total portfolio of 6 billion rubles over three years.