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KTRV's revenue in 2021 exceeded 300 billion rubles - CEO

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Moscow. February 8. INTERFAX - Tactical Missile Armament Corporation (KTRV) increased production in 2021, turnover exceeded 300 billion rubles, KTRV CEO Boris Obnosov told Interfax on Tuesday.

"In 2021, the corporation's turnover increased, according to preliminary data, by 23-25 percent, breaking the milestone of 300 billion rubles. KTRV ranks 42nd in the world ranking of the largest arms manufacturers," Obnosov said.

According to him, this was made possible thanks to measures taken in advance in 2020 to counter the penetration of COVID-19 into the enterprises of the corporation.

"Despite the rather difficult economic situation in the world due to the pandemic, back in 2020 we tried to take all possible measures to counter the penetration of coronavirus into our enterprises. This made it possible not to reduce the pace of production," said Obnosov.

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