OREANDA-NEWS. February 18, 2010. At the meeting of the Committee of Directors of JSC "AIP" held in Moscow a financial and business plan for year 2010 was approved. The business-plan is ambitious but the task is to fulfil all the declared rates.

The participants approved the program of the nomenclature expansion and sales volume increase of commercial products. It includes marketing of new metering and medical devices and other industrial products, modification of batch-produced products and the cost saving measures.

Arzamas Instrument Plant JSC was founded in1957 as a company producing various sensors and devices for the aircraft industry.

Now it is a modern manufacturing company with well-developed infrastructure that makes it possible to develop and produce complicated special-purpose and commercial products, responding quickly to market changes. AIP JSC is included into the group of the major Military-Industrial Company C-Corp. and Anti-Aircraft Defense Concern "Almaz-Antei" JSC, Moscow.

The company range of products covers various avionic source data sensors and systems on their basis for civil and transport aviation, devices and systems for commercial energy carrier accounting, gas, water, heat and diesel fuel meters, production control measuring systems for the oil producing industry. Arzamas Instrument Plant is the main supplier of ALCO measuring systems for the alcoholic beverage industry in Russia and one of the leading producers of hydraulic equipment. The company produces goods that satisfy fully customers' requirements. Technical re-equipment is carried out at the plant actively with annual investment of about USD 15 million.