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February 14, 2016 6:06 AM ET

Aerospace and Defense

Company Overview of Russian Technologies State Corporation

Company Overview

Russian Technologies State Corporation, through its subsidiaries, develops, manufactures, and exports high-technology industrial products for civil, military, and dual-purpose markets. It offers electronic warfare and IFF means technologies, aircraft instruments, radio-electronic equipment systems, various measuring apparatuses, automatic and sniper weapons, guided artillery shells, civilian products, optical devices, communications tools and systems, automated control systems, electronic security systems, robotic systems, gas turbines, power supply systems and parachute systems, immunobiological drugs, and composite materials. The company also provides semi-conductor devices, weapons, parts...

24, Usacheva str.

Moscow,  119048

Russia

Founded in 2007

Phone:

7 495 287 2525

Key Executives for Russian Technologies State Corporation

Chief Executive Officer, Director and Member of Supervisory Board
Age: 63
Chief Executive Officer of Rosoboronexport
Age: 69
Chief Executive Officer of Oboronprom
Age: 47
Chief Executive Officer of Russian Helicopters
Age: 54
Deputy Director General and Member of Managing Board
Age: 63
Compensation as of Fiscal Year 2015.

Russian Technologies State Corporation Key Developments

Rostec Seeks To Sell

Russian Technologies State Corporation is planning to privatize Open Joint Stock Company Russian Helicopters and two other assets, JSC Concern Radio-Electronic technologies and optical electronics form Shvabe JSC, the state corporation's Chief, Sergei Chemezov.

Rostec May Sell Some Stake In Russian Helicopters

Open Joint Stock Company Russian Helicopters’ stalke may be sold. Russian Technologies State Corporation (Rostec) is in talks to offer its some stake in Russian Helicopters. Rostec’s Chief, Sergei Chemezov said that the company is holding negotiations with foreign partners on their possible involvement in the planned privatization of Russian Helicopters. The official stated, “We are holding negotiations with a number of foreign partners. Perhaps we could offer some 25% (in Russian Helicopters) to (foreign) strategic partners and some to our individual Russian investors.”

Rostelecom, Roscosmos And Rostec Seek Acquisition

Public Joint Stock Company Long-Distance and International Telecommunications Rostelecom (MICEX:RTKM), Russian Federal Space Agency, OAO and Russian Technologies State Corporation are going to participate in an additional issue of shares of Roskartografiya OAO. Rostelecom intends to purchase 25-49% of shares of Roskartografiya for RUB 467.70 million. Roscosmos hopes to acquire up to 50% plus one share as Russia's asset contribution, Rostec plans to acquire 100% of shares under the same conditions and attract a strategic investor.

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Recent Private Companies Transactions

Type
Date
Target
Merger/Acquisition
January 26, 2016
Russian Technologies State Corporation, Tool Factory Siberian Agricultural Machinery
Private Placement
January 25, 2016
Open Joint Stock Company Russian Helicopters
Private Placement
December 23, 2015
Public Joint Stock Company Rostov Helicopter Production Complex Rostvertol
 

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