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Russian Helicopters to open maintenance centers in Egypt, Brazil, Peru

October 09, 2014, 18:42 UTC+3 MOSCOW
On Thursday Russian Helicopters was granted the right to independently engage in foreign economic operations
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© ITAR-TASS/Marina Lystseva

MOSCOW, October 9. /TASS/. Russian Helicopters, which designs and produces civil and military rotorcraft, will open maintenance centers in Egypt, Brazil, Peru and India in the next two years, Russia’s Rostec hi-tech state corporation head Sergei Chemezov said on Thursday.

“Next year we’ll open a maintenance center in Egypt. In 2015-2016, we plan to open maintenance centers in Brazil, Peru and India,” Chemezov said.

Russian Helicopters is an affiliate of the arms manufacturer Oboronprom, which is part of Rostec.

Russian Helicopters was granted the right on Thursday to independently engage in foreign economic operations.

The Rostec head said a comprehensive approach to provision of maintenance services, establishment of maintenance centers and delivery of spare parts would enable Russian Helicopters to expand its share on the market, which currently stands at 17-18%

“We plan to raise the share of Russian Helicopters on the world market to 20% by 2020,” the Rostec head said, adding this effort would require the establishment of maintenance centers on a large scale.

Russian Helicopters have supplied over 700 helicopters to 39 countries in the past 15 years under contracts of Russia’s arms trader Rosoboronexport, the company’s CEO Alexander Mikheyev said.

Each holding company integrated into Rostec will eventually get the right to foreign economic activities, the Rostec head said, adding this proposal was expected to be approved soon.

Rostec comprises over 663 organizations, including 9 holding companies in the defense and industrial sector and 5 holdings in the civil branches of industry. These holdings include, in particular, the Kalashnikov concern producing the famous Kalashnikov automatic rifles, Rosoboronexport, VSMPO-Avisma titanium producer and Kamaz truck maker, which sell part of their output abroad.

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