August 30, 2014 9:00 PM ET

Aerospace and Defense

Company Overview of Open Joint Stock Company Russian Helicopters

Company Overview

Open Joint Stock Company Russian Helicopters produces and sells civil and military helicopters, and military missile systems in the Russian Federation and internationally. The company operates through three segments: Helicopters, Services and Support, and Research and Development. It also offers spare parts for helicopters, and helicopter repair and maintenance services. In addition, the company is involved in the provision of research and development works related to helicopter engineering and design. It offers helicopters under the Mi, Ka, and Ansat brands. The company is headquartered in Moscow, the Russian Federation.

12 Krasnopresnenskaya naberezhnaya

Moscow,  123610

Russia

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 and United Aircraft Corporation to Collaborate on Enhanced QMS

Russian Helicopters, United Aircraft Corporation have signed a memorandum of understanding (MoU) to develop and support the Industry Controlled Other Party (ICOP) quality-assurance process in Russia. The MoU was signed at Oboronexpo 2014 and the Engineering Technologies 2014 international forum. The goal of this MoU is to work together to develop and support a system of industry-controlled bodies to accredit and certify the ICOP quality-management process in Russia.

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.

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Recent Private Companies Transactions

Type
Date
Target
Private Placement
April 30, 2014
MIL Moscow Helicopter Plant, Joint-Stock Company
 

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