Russian Helicopters sign Strategic Partnership Development Agreement with Rosneft and Leonardo-Finmeccanica
21.06.2016 / Moscow

Russian Helicopters, part of State Corporation Rostec, signed a trilateral Strategic Partnership Development Agreement with Rosneft and Leonardo-Finmeccanica (formerly Agusta Westland) at the St. Petersburg International Economic Forum (SPIEF 2016).  The document was signed in the presence of Russian President Vladimir Putin by Russian Helicopters CEO Alexander Mikheev, Leonardo-Finmeccanica S.p.A. CEO Mauro Moretti and Rosneft Chief Executive Officer Igor Sechin.

The parties agreed to continue their cooperation aimed at deep localization of the AW189 helicopter manufacturing in Russia. The sides intend to gradually bring manufacturing localization level to 70% and completely localize production by 2025.    

The agreement signed today confirms our intentions to strengthen mutually beneficial cooperation in joint manufacturing of new aircrafts and technology transfer. The beginning of production of AW189 in Russia will give a fresh push to the development of the civil helicopter industry, Russian Helicopters CEO Alexander Mikheev said.

Assembling, maintenance and training of crew and technicians for AW189 will be performed at the JV’s HeliVert plant in Tomilino, Moscow region. Under the agreement, Leonardo-Finmeccanica will supply 30 helicopters to Rosneft. Per the document, 17 aircrafts will be produced by HeliVert joint venture’s plant and 13 helicopters will be made in Italy.  The agreement specifies that the supply of helicopters to Rosneft will be completed in 2018.

Today, the HeliVert joint venture provides comprehensive service support and ensures maintenance of various modifications of the AW139 helicopters, both Russian and Italian-made.  Additionally, HeliVert has gained the right to perform maintenance and repairs of Italian and Russian-made AW189 helicopters based on the aircraft operator program.

The medium multirole AW189 produced by Italian Agusta Westland is used for offshore flights, search and rescue operations, as well as for cargo, passenger and other transportation. Its maximum takeoff weight is 8.3 tonnes.  Cruising speed is 287 kmph and maximum flight range (with additional tanks) is 600 nautical miles.

Russian Helicopters, (part of State Corporation Rostec), is one of the global leaders in helicopter production and the only helicopter design and production powerhouse in Russia. Russian Helicopters was founded in 2007 and is headquartered in Moscow. The company comprises five helicopter production facilities, two design bureaus, a spare parts production and repair facility, as well as an aftersale service branch responsible for maintenance and repair in Russia and all over the world. Its helicopters are popular among Russian ministries and state authorities (Ministry of Defence, Ministry of Internal Affairs, Emergency Control Ministry), operators (Gazpromavia, UTair), major Russian corporations. In 2015 its IFRS revenues increased 29,5% to RUB 220,0 billion. Deliveries reached 212 helicopters. 

State Corporation Rostec is a Russian corporation founded in 2007 for the purpose of promoting the development, production and export of hi-tech civilian and military industry products. It comprises 700 organisations, nine of which have now been formed as holding companies of the military-industrial complex, five of them are involved in civil industries and 22 are directly controlled. Rostec’s portfolio includes recognised brands such as Avtovaz, Kamaz, Russian Helicopters, and VSMPO-AVISMA. Rostec’s organisations are located in 60 constituent entities of the Russian Federation and supply their products to the markets of more than 70 countries. The revenue of Rostec in 2014 amounted to RUB 964.5 billion. The tax deductions into the treasuries at all levels exceeded RUB 147.8 billion.

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