March 02, 2015 3:55 PM 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 in the Russian Federation and internationally. It provides electronic warfare means, IFF systems, radio measuring instrumentation, and demountable connectors and the goods of civil purpose; combat automatic and sniper’s weapons, guided projectiles, and civil products; and optoelectronic systems, military and civil systems, optical materials, medical devices, and energy-saving lighting technologies. It provides aviation units, power supply systems, and parachute systems; products in the field of communications t...

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: 62
Chief Executive Officer of Rosoboronexport
Age: 68
Chief Executive Officer of Oboronprom
Age: 46
Chief Executive Officer of Russian Helicopters
Age: 53
Deputy Director General and Member of Managing Board
Age: 62
Compensation as of Fiscal Year 2014.

Russian Technologies State Corporation Key Developments

Rostec Mulls IPO In Major Companies

Russian Technologies State Corporation (Rostec) is looking for initial public offerings in Shvabe Open Joint-Stock Company, JSC Concern Radio-Electronic technologies, Public Stock Company VSMPO-AVISMA Corporation and Open Joint Stock Company Russian Helicopters. "Such holdings as Avisma (MOEX: VSMO), Helicopters of Russia (MOEX: VERR), Schwabe and Radio-electronics Technologies are ready for an IPO, but the current economic situation is not conducive to this," said Sergei Chemezov, Chief of Rostec to reporters in Abu Dhabi.

Rosneft, Rostec Corporation and Finmeccanica Agree on Production of AW189 Helicopters in Russia

Rosneft, Rostec Corporation and Finmeccanica signed trilateral agreement for strategic partnership. As part of the signed document the parties will establish a Joint Venture (JV) of the Russian Helicopters holding and AgustaWestland (subsidiaries of Rostec and Finmeccanica). The JV will be based on the HeliVert plant situated in the Moscow Region. Rosneft will become a new partner of the Russian-Italian JV. It is planned to launch production of the medium helicopters AW189. Rosneft will form a bid and become the first customer for the AW189 helicopters. By 2025, HeliVert is envisaged to sell and deliver up to 160 helicopters to Rosneft. In compliance with the reached agreements the assembly, supplies, after sales service and training of AW189 helicopters will be carried out. As part of the project, localization of the AW189 production is planned to be implemented in stages up to 2025.

Rostec To Spin-Off Izhevsk

Russian Technologies State Corporation intends to spin-off Izhevsk Mechanical Plant, Alexei Krivoruchko, Chief Executive Officer of OJSC "Concern Kalashnikov" said. Initially Izhmekh planned to merge with Kalashnikov.

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