Kaliningrad Amber Factory

"When KYaK was a part of Rostec, the most part of the extracted amber-raw was on sale for export in a raw state, often illegal way. Our main objective was to level the criminalized component and to pass from a raw export model to production with the largest added value. In a year we managed to increase revenue to 1.3 billion rubles, i.e. by 30%. We upgraded production, improved mechanisms of work with partners and toughened control of unfair processors. Thanks to it we managed to increase to arrive to 18 times – up to 143 million rubles", – the CEO of State Corporation Rostec Sergey Chemezov noted.

Performance Indicators

2015

Revenue of KYaK in 2015 grew by 30%, and the net profit of plant increased by 18 times in comparison with 2014. Volumes of production and processing of amber-raw increased by 28%. In 2015 313 tons of amber are extracted, in 2014 volume was 244 tons.

At the end of 2015 tax deductions in budgets of all levels in comparison with 2014 grew generally by 23%. In 2014 in federal, regional and local budgets 240 million rubles, in 2015 – 294 million rubles were transferred. Rostec paid essential attention to gain of personnel capacity of the enterprise. Today the average salary on KYaK is one of the highest in the country. At the end of 2015 it made nearly 46 thousand rubles.

On Amber Yuvelirprom there took place start of six new workshops and production sites on processing of amber with a total area of 286 sq.m. production premises, a heatsystem which was not under repair more than 20 years Were repaired. The new modern equipment on processing of amber for the total amount of 6.2 million rubles is installed.

There is an upgrade and implementation of new technologies. In 2015, for the first time for many years, the enterprise began to update the production park. The equipment for work in career for the total amount more than 68 million rubles was as a result purchased.

"In 2016 we will continue updating of enterprise capacities. With assistance of Rostec the project of reconstruction and upgrade of Kaliningrad Amber Factory is developed. New perspective methods of processing of amber accustom, the innovative technologies are implemented, an assortment number of products is updated. In addition to modernization, the plan includes complex reforming of a system of sale of amber and work with partners. We pay much attention in the work to building of business and mutually beneficial relations with domestic processors and foreign partners, to the solution of the major social problems of the region of presence. We aim to revive an amber brand in our country, and we will continue to draw attention of different audiences to "a solar stone" not only in Russia, but also abroad. We still want that amber became one of characters of our country", – Mikhail Zatsepin, the CEO of JSC Kaliningrad Amber Factory emphasized.