AK&M has released an industry bulletin on mechanical engineering for May 2026

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AK&M 10 July 2026 11:52

The 1680th issue of the bulletin "Branches of the Russian Economy: Manufacturing, Finance, Securities. Mechanical Engineering" of the AK&M Information Agency.

In May 2026, growth was observed in the Russian engineering industry for the sixth month in a row. Total production in the five machine-building industries was 9.4% higher than in May 2025. Compared to the winter months of 2026, the production growth rate has also increased significantly. At the same time, by the summer of 2026, machine-building industries are showing an ambiguous picture in various indicators, since the results achieved are not homogeneous across sectors. In May of this year, Rosstat recorded an increase in industrial production in only two of the five engineering sectors in annual dynamics. At the same time, the seasonally adjusted PMI of Russia's manufacturing industries, which tracks the general market situation, rose significantly to 50.3 points in June 2026 from 48.8 points in May, demonstrating a three-month progressive increase.

The IL-114-300 aircraft has received approval for a major design change. This will make it possible to start serial production of the aircraft at the Lukhovitsky Aviation Plant, where three production aircraft are in varying degrees of readiness. Almost all systems have been updated to modernize the aircraft. The IL-114-300 is designed in a basic layout with 66 seats, equipped with new Russian turboprop engines, modern avionics, a digital flight navigation system and an ergonomic interior of the passenger cabin.

The value of exports of machine—building products in the four months of 2026 amounted to $7.5 billion, while the volume of imports of similar products is 6 times higher - $44.5 billion. In annual comparison, the decrease in the value of exports for the first four months amounted to 7.2%, while the value of imports increased by 7.2% yoy. In general, the differential between the cost of exports and imports of engineering products in 2026 continues to decrease.

PJSC Inkab Holding has conducted an initial public offering on the Moscow Stock Exchange. Trading in the company's securities under the ticker INCB started on June 24, 2026. The total size of the IPO reached 2.04 billion rubles, the capitalization of the company after the placement exceeded 10 billion rubles. The funds raised will be used to reduce the debt burden of the Inkab Group of companies in order to optimize the financing structure. The current shareholder of the issuer, Alexander Smilgevich, reduced his stake in PJSC Inkab Holding from 99.99% to 79.69%. The company's shares are included in the Third Level of the List of Securities admitted to Organized Trading on the Moscow Stock Exchange.

For more information about trends in mechanical engineering, see issue No. 1680 of the monthly bulletin "Branches of the Russian Economy: Manufacturing, Finance, Securities. Mechanical Engineering" by the AK&M News Agency dated July 08, 2026.