Russian Helicopters to Participate in China Helicopter Expo – 2017
Russian Helicopter holding company (part of Rostec State Corporation) will showcase new helicopters for civil purposes at the international exhibition of the helicopter industry, China Helicopter Expo – 2017, which will be held from September 14 to 17 in Tianjin (China).
The company's display includes models of Mi-171A2 helicopter and light Ansat helicopter in multipurpose and business versions.
This year, representatives of Russian Helicopters plan to hold meetings with leading helicopter operators from China and Asia-Pacific region. On these meetings, it is planned to discuss implementation of existing agreements and prospects for new deliveries.
"Russian Helicopters proved to be a serious partner, offering modern and reliable equipment. We see a growing interest to the company's production from the Chinese operators and hope to sign a number of new agreements at the exhibition. Russian helicopters demonstrate high performance, are dependable, can be used in wide temperature range and adverse climatic conditions, and therefore are widely used in China to rescue people and extinguish fires," said Deputy CEO of Russian Helicopters for marketing and business development Aleksandr Shcherbinin.
China is an active operator of Russian Helicopters' production. The most popular helicopters are Mi-8/17, the country's fleet of which has about 400 aircraft. Companies from China also actively buy Ka-32A11BC.
Russian Helicopters offers Chinese customers not only modern technology but also new forms of cooperation, for example, sales through official dealers. In addition, the company offers extended guaranty on helicopter equipment, and enhanced support for operators.
JSC Russian Helicopters (part of Rostec State Corporation) is one of the world leaders in helicopter industry, the only developer and manufacturer of helicopters in Russia. The holding company was established in 2007. The head office is located in Moscow. The holding company is comprised of five helicopter plants, two design bureaus, enterprises for production and maintenance of components, aircraft repair plants and a service company providing after-sales support in Russia and abroad. Among the buyers of the holding company's products are the Defense Ministry of Russia, the Ministry of Internal Affairs of Russia, EMERCOM of Russia, and other state customers, Gazprom Avia and UTair airlines, as well as major Russian and foreign companies. In 2016, the revenue of Russian Helicopters under IFRS amounted to RUB 214.3 billion, its shipments totaled to 189 helicopters.
Rostec Corporation is a Russian corporation that was established in 2007 to facilitate the development, production and export of high-tech industrial products designed for civilian and military applications. The Corporation comprises over 700 organizations that are currently part of eleven holding companies operating in the military-industrial complex and three holding companies working in civilian industry, as well as 80 directly managed organizations. Rostec's portfolio includes well-known brands such as AVTOVAZ, KAMAZ, Concern Kalashnikov, Russian Helicopters, VSMPO AVISMA, UralVagonZavod, etc. Rostec companies are located in 60 constituent entities of the Russian Federation and supply products to the markets of more than 70 countries. In 2016 the consolidated revenue of Rostec reached 1 trillion 266 billion rubles, while the consolidated net income and EBITDA amounted to 88 and 268 billion rubles respectively. In 2016 the average salary in the Corporation was 44 thousand rubles. According to Rostec's strategy, the main objective of the Corporation is to ensure that Russia has a technological advantage in highly competitive global markets. Rostec's key objectives include the introduction of a new techno-economic paradigm and digitalization of Russian economy.
