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Tuesday, April 29, 2014

Russian Helicopters Changing Face of Russia's Helicopter Industry

Source: Russian Helicopters

Russian Helicopters, a subsidiary of Oboronprom, part of State Corporation Rostec, discussed a broad range of issues to do with restructuring and upgrading its production capacities and streamlining its management processes at a meeting of the company’s Collegium on 24 April. The Collegium – held at Kazan Helicopters, a Russian Helicopters company – also discussed the production efficiency of Russia’s helicopter-construction sector today and its future development.

CEO Alexander Mikheev was joined at the Collegium by officials from the Russian Helicopters parent company and its production and R&D assets. A welcome was given by Ravil Zarilov, a member of the Kazan Helicopters board of directors and Deputy Prime Minister of Tatarstan who serves as the region’s Industry and Trade Minister.

“Russia’s helicopter-building industry is changing fast,” said Alexander Mikheev. “We have set ourselves ambitious targets and are building a dynamic and efficient company to achieve them. To attain 20% global market share we still have much to do – completing the restructuring and upgrades of our production capacities, continuing to expand our model range, growing our technological capabilities, increasing our intellectual and production potential, and rolling out our global after-sales care system, which will include some of the company’s maintenance facilities.”

The Collegium noted the substantial progress made on the company’s core projects in 2013. More than 800 new pieces of equipment were installed at Russian Helicopters facilities to improve production safety and reduce the company’s environmental footprint. Significant successes were achieved by the company’s investment projects, including completion of the technological development of machining, plating and composite production.

Last year the company invested RUB 8.3 billion in upgrades to production capabilities, up 8.5% year on year. Labour efficiency also increased significantly, with output per employee rising by 12.4% to RUB 3.4 million. The company boosted spending on R&D activities by 48.4% to RUB 7.9 billion. Russian Helicopters continues to pursue a strategy of growing its innovation potential.

Related: Commercial News 

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