IZHEVSK, 28 August. /TASS/. A factory in Udmurtia, western Urals, that manufactures the Bulava and Topol-M ballistic missiles plans to increase the output at the yearend by 17% to $402.2 million, the Director General of the enterprise, Viktor Tolmachov told reporters during a meeting the regional President, Alexander Solovyov in the city of Votkinsk where the factory is located.

"We’re working exactly in compliance with the plan, like we did at the beginning of the year," Tolmachov said. "We’ll finish the year with 27 billion rubles ($402 million at the current exchange rate TASS). We aren’t falling. We’re growing instead and we’ll finish the year with a 17% increase."

At present, Votkinsky Zavod (the Votkinsk Factory) is building up a portfolio of orders for next year.

"We’ve met the production targets for this year and now we’re getting advanced payments for next year," Tolmachov said. "The factory has two or three work shifts a day."