August 28, 2014 1:06 AM ET

Aerospace and Defense

Company Overview of Russian Technologies State Corporation

Company Overview

Russian Technologies State Corporation, through its subsidiaries, engages in the development, manufacture, and exportation of high technology industrial products for civil, military, and dual-purpose markets in the Russian Federation and internationally. It designs and manufactures 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; p...

24, Usacheva str.

Moscow,  119048

Russia

Founded in 2007

Phone:

7 495 287 2525

Key Executives for Russian Technologies State Corporation

Chief Executive Officer
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

Avia Solutions Group AB Sets Up Joint Venture with Rostec for Investment in Moscow Airport

Avia Solutions Group (ASG) and Rostec have set up a joint venture for investment in the Ramenskoye airport in Moscow. The agreement establishing the joint venture Ramport Aero was signed on Aug. 14, 2014. ASG owns 75% minus 1 share in Ramport Aero and Rostec holds 25% plus 1 share. The new company is led by Tomas Vaisvila, aviation infrastructure management and development manager at ASG.

Rostec Approves Investment Project for Construction of Ramport Complex

Rostec approved investment project for construction of Ramport complex. The investment project to construct an airport complex at the RamenskoyeAirfield (Ramport) by 2019 has been approved. The existing airport infrastructure will be upgraded. There will be new facilities for passengers, and the portfolio of offered services will be expanded. Ramenskoye will become a fully functional complex within the Moscow aviation hub.

Rostec And Shenhua To Seek An IPO For Its Joint Venture

Russian Technologies State Corporation (Rostec) and Shenhua Group Corporation Limited is considering an initial public offering (IPO) of its joint venture. Andrei Korobov, Chief Executive Officer of RT Global Resources said, “We and the Chinese side are interested in future monetizing (of the project) and do not rule out an IPO if, of course, this idea is approved by the Russian government.” Rostec intends to keep its 50% plus one share stake in the venture but as per the terms discussed the stake can be decreased to a blocking amount of 25% in long term, Andrei Korobov added.

Recent Private Companies Transactions

Type
Date
Target
Merger/Acquisition
August 1, 2014
Lytkarino Optical Glass Factory, JSC
Merger/Acquisition
July 17, 2014
OJSC Elektronika Central R&D Institute of Economics, Informatics and Control Systems
Merger/Acquisition
June 11, 2014
Regionkom OOO
 

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