Defense plant in Dagestan added to EU sanctions lists
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Kizlyar Electromechanical Plant has been included in the 14th package of EU sanctions. The director general of the enterprise Ibragim Akhmatov is also included in the list. Information about this has been published on the official website of the European Union.
“The company specializes in the development and production of aircraft ground control and diagnostic systems, as well as attachments and on-board equipment” - the document runs.
It is a defense enterprise that also produces aircraft and drones, and was founded in 1998 in Kizlyar. Its 2020 profit amounted to 1.1 billion rubles, and its revenue reached almost 3.3 billion rubles.