Russian Helicopters signed memorandum on cooperation in aftersales with Thai company Datagate
Singapore / February 6, 2018
Russian Helicopters and the Thai company Datagate Co. Ltd. signed a memorandum of intent on cooperation in organization of the maintenance service center for Russian-made helicopters in the framework of international Singapore Airshow .
The document was signed by Deputy General Director on Aftersales of Russian Helicopters, Igor Chechikov and Director of Datagate Ms. Issary Benjarattanaporn.
Among the areas of cooperation identified in the memorandum is assistance in organization of the center for servicing Russian-made helicopters in the Kingdom of Thailand. It is anticipated that the center will be able to provide all kinds of maintenance and repair, troubleshooting and replacement of components.
Also, the parties identified an opportunity to supply spare parts and provide the repair of components of the civil helicopters under separate contracts. For instance, a contract for repair of components for Russian Mi helicopters was signed at the exhibition.
“This memorandum outlined the basic agenda and those items on which we intend to cooperate with our Thai partners. We agreed to explore all available prospects and opportunities and to develop a joint plan in the future,” said General Director of Russian Helicopters, Andrey Boginsky.
The memorandum is effective from the date of its signing by the parties and will be valid for one year. Also, the document provides a possibility of renewal of the memorandum upon mutual agreement of the parties.
JSC Russian Helicopters (part of Rostec State Corporation) is one of the world leaders in helicopter industry, the only developer and manufacturer of helicopters in Russia. The holding company was established in 2007. The head office is located in Moscow. The holding company is comprised of five helicopter plants, two design bureaus, enterprises for production and maintenance of components, aircraft repair plants and a service company providing after-sales support in Russia and abroad. Among the buyers of the holding company’s products are the Defense Ministry of Russia, the Ministry of Internal Affairs of Russia, EMERCOM of Russia, and other state customers, Gazprom Avia and UTair airlines, as well as major Russian and foreign companies. In 2016 the revenue of Russian Helicopters under IFRS amounted to RUB 214.3 billion, and its shipments totaled 189 helicopters.
Rostec Corporation is a Russian corporation that was established in 2007 to facilitate the development, production and export of high-tech industrial products designed for civilian and military applications. The Corporation comprises over 700 organizations that are currently part of eleven holding companies operating in the military-industrial complex and three holding companies working in civilian industry, as well as 80 directly managed organizations. Rostec’s portfolio includes well-known brands such as AVTOVAZ, KAMAZ, Concern Kalashnikov, Russian Helicopters, VSMPO AVISMA, UralVagonZavod, etc. Rostec companies are located in 60 constituent entities of the Russian Federation and supply products to the markets of more than 70 countries. In 2016 the consolidated revenue of Rostec reached 1 trillion 266 billion rubles, while the consolidated net income and EBITDA amounted to 88 and 268 billion rubles respectively. In 2016 the average salary in the Corporation was 44 thousand rubles. According to Rostec’s strategy, the main objective of the Corporation is to ensure that Russia has a technological advantage in highly competitive global markets. Rostec’s key objectives include the introduction of a new techno-economic paradigm and digitalization of Russian economy.
