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Last $0.0023 USD
Change Today 0.00 / 0.00%
Volume 0.0
SATR On Other Exchanges
Symbol
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As of 11:45 AM 12/2/14 All times are local (Market data is delayed by at least 15 minutes).

saturn research & prod-brd (SATR) Snapshot

Open
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Previous Close
$0.0023
Day High
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Day Low
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52 Week High
07/23/14 - $0.01
52 Week Low
12/2/14 - $0.0023
Market Cap
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Average Volume 10 Days
0.0
EPS TTM
$-0.17
Shares Outstanding
26.7B
EX-Date
05/18/10
P/E TM
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Current Stock Chart for SATURN RESEARCH & PROD-BRD (SATR)

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saturn research & prod-brd (SATR) Details

NPO Saturn Joint-Stock Company, an engine-building company, is engaged in the research, development, production, marketing, sale, and after-sale support of gas-turbine technologies for the transportation, defense, and energy industries in the Russian Federation. The company offers gas turbine engines for commercial and transport aircraft and helicopters; and military aircraft and cruise missiles. It also provides industrial gas turbines for fuel-and-energy, and shipbuilding industries; and gas-turbine engine blades and vanes for aircraft engines, industrial and marine gas turbines, and other machines. In addition, the company offers diagnostics, maintenance, and repair services; and spare parts. NPO Saturn Joint-Stock Company was founded in 1916 and is based in Rybinsk, the Russian Federation.

Founded in 1916

saturn research & prod-brd (SATR) Top Compensated Officers

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saturn research & prod-brd (SATR) Key Developments

NPO Saturn Reports Earnings Results for the First Quarter of 2015; Provides Earnings Guidance for 2015

NPO Saturn reported earnings results for the first quarter of 2015. The company reported the sales in the first quarter of 2015 have reached RUB 4.6 billion with the year-on-year growth equaling 71 %. Following the operational results of the first quarter of 2015, the sales profit has amounted to RUB 1.3 billion compared to the losses demonstrated in the previous periods. The sales profit figure was influenced by the significant changes conducted over the 5 past years in the structure of the order portfolio, reaching a good balance of orders distribution between the main groups of consumers, and also by the actions aimed at the operational cost optimization implemented by the company. The net loss is at the lowest level in several years, which is exclusively explained by the factor of exchange rate disparity indicated in the company’s reporting documents. In 2015, the company expected a much smaller impact of the exchange rate fluctuations on its financial results, which coupled with the significant sales revenue and profit allows forecasting a substantial improvement of the company’s main economic indicators. Based on the first quarter results, the company has been able to secure an order portfolio which allows forecasting sales in 2015 exceeding RUB 22 billion. At the same time, the company has carried out a number of tasks allowing to drastically decreasing the need in operating capital including loaned capital for financing the current operations, which since the beginning of the year has permitted the company to decrease its loan portfolio by RUB 3 billion.

United Engine Corporation Announces Executive Changes at NPO Saturn

United Engine Corporation announced new appointments having occurred within the company. Victor Polyakov has been appointed chief executive officer of NPO Saturn having served over the past three years (from 2013 to 2015) as NPO Saturn deputy CEO in charge of the industrial collaboration development. Mr. Polyakov will commence his duties as CEO on 30 April 2015. From 2009 to 2013 he was at the helm of NPO Saturn's production direction. From 2013 to 2015 he served as NPO Saturn deputy CEO in charge of the industrial collaboration development. Sergey Popov, at present chief executive officer at the Perm Engine Company, has been appointed head of the Commercial Engines Division (CED). Mr. Popov will retain his current post while NPO Saturn will retain the status of CED’s leader. As a reminder, besides the company, the two other companies in United Engine Corporation’s Commercial Engines Division are Aviadvigatel and the Perm Engine Plant, both located in Perm and technologically linked. In 2012-2013 Mr. Popov was appointed chief executive officer of START (located in Perm). Since 1 February 2013 he has served as chief executive officer of the Perm Engine Company. Previously Ilya Fedorov was NPO Saturn CEO and head of the Commercial Engines Division, now he left the company.

NPO Saturn Joint-Stock Company, Special/Extraordinary Shareholders Meeting, Apr 29, 2015

NPO Saturn Joint-Stock Company, Special/Extraordinary Shareholders Meeting, Apr 29, 2015. Agenda: To approve the appointment of the auditor to audit the financial statements for 2014.

 

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