July 24, 2014 7:50 AM ET

Aerospace and Defense

Company Overview of Open Joint Stock Company Russian Helicopters

Company Overview

Open Joint Stock Company Russian Helicopters researches, designs, manufactures, and sells civil and military helicopters, and military missile systems worldwide. It operates in three segments: Helicopters, Services and Support, and Research and Development. The company also provides spare parts for helicopters; and helicopter repair and maintenance services, as well as after-sales support services. It offers helicopters under the Mi, Ka, and Ansat brands. The company was founded in 2006 and is headquartered in Moscow, Russian Federation. Open Joint Stock Company Russian Helicopters is a subsidiary of UIC Oboronprom, JSC.

12 Krasnopresnenskaya naberezhnaya

Moscow,  123610

Russia

Founded in 2006

Phone:

7 495 627 5545

Fax:

7 495 663 2210

Key Executives for Open Joint Stock Company Russian Helicopters

Chief Executive Officer
Age: 53
Deputy Chief Executive Officer for Finance and Investments
Age: 33
Deputy Chief Executive Officer of Production
Age: 53
Deputy Chief Executive Officer of Russian Helicopters
Age: 61
Deputy Chief Executive Officer of Programmes & Projects
Age: 38
Compensation as of Fiscal Year 2014.

Open Joint Stock Company Russian Helicopters Key Developments

Russian Helicopters Appoints Avantazh Audit as its Auditor for 2014

Russian Helicopters held its annual general meeting of shareholders on 30 June 2014, the shareholders AGM appointed Avantazh Audit as the auditor for 2014 of company's financial statements to Russian Accounting Standards.

Russian Helicopters Approves Executive Appointments; Approves Final Dividend for the Year 2013

Russian Helicopters at its Annual General Meeting of shareholders held on 30 June 2014. The AGM approved election of Vitaly Baranov, deputy CEO for administration of Gazrpom Neft; Kirill Gaidash, head of the finance and economics department of Rostec; and Vladislav Masalov, CEO of United Engine Corporation as directors of the company. The AGM also approved a final dividend for 2013 of RUB 974,643,976.68, representing 100% of net profit for the year or RUB 10.23 per ordinary share of the company.

Russian Helicopters to Supply Mi-26TS to China

Russian Helicopters and Lectern Aviation Supplies have signed a contract for the Mi-26TS heavy transport helicopter. Under the contract, the helicopter will be delivered in 2015, and will be operated in forestry management in China's Shandong province. These helicopters can carry 20 tonnes of cargo internally or on an external sling, a record for any series-produced transport helicopter. In China, the Mi-26TS is used to transport heavy loads, technology and personnel, as well as in emergency evacuation operations and on firefighting missions.

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Date
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Private Placement
June 10, 2014
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Private Placement
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