Vladimir Putin holds meeting on developing aviation engine building at UEC company in St. Petersburg

Russian President Vladimir Putin visited the Klimov factory, part of Rostech United Engine Corporation (UEC). As part of the visit there was a meeting highlighting the potential for development of domestic aviation engine building.

The President learned about the work to build an innovative design and industrial complex, Klimov leads at Shuvalovo.

This is a unique project for the Russian aviation industry. Here on this single plot there will be powerful design, testing, and production facilities. After the facility is opened the company will be located entirely on this site. Klimov has already transferred 30% of production to the site  the production building, logistics and galvanizing, and also the furnace are already finished. And the construction of an administrative and design building is in the final stage.

Deputy Prime Minister Dmitri Rogozin, Russian Minister for Industry and Trade Denis Manturov, Deputy General Director of Rostech, Chairman of the Board of Directors of UEC Vladimir Artyakov, General Director of OBORONPROM Dmitri Lelikov, General Director of UEC Vladislav Masalov, and the Managing Directors of UEC took part in the meeting devoted to long-term development of engine building.

In accordance with the state goals set, the companies belonging to UEC have preserved a whole model range of products, said Deputy General Director of Rostech Vladimir Artyakov. We are implementing promising projects to create next-generation engines for military and civil aviation. Today UEC faces the task of creating a flexible and modern industrial model, with production processes certified under international standards and an efficient system of developing new products. This strategy will ensure UECs leading positions on both the domestic and foreign markets.

Since UEC was founded in 2008, the corporation was improved the majority of its operating indicators, noted Vladislav Masalov. In particular, the output of engines has doubled in all the segments except for rocket engines, where the volumes have remained stable. Turnover has also doubled  from 92.1 billion rubles in 2009 to 158.9 billion rubles forecast for 2013 results. According to the head of UEC, the Russian Ministry of Defence played a role in the positive developments, by renewing purchases of new aviation technology. This allowed us to increase volumes and confirm our position on the global market. The volume of UECs state defence contracts in 2013 amounts to 38.9 billion rubles, or 24.9% of the total, added Masalov.

Klimov is one of the leading United Engine Corporation companies. It specialises in development, production, and servicing of turboshaft engines for helicopters, as well as turbo-jet engines for fighter jets.

JSC United Engine Corporation is a subsidiary of OBORONPROM. More than 85 % of the leading companies specializing in development, mass production, and aftersales servicing of gas turbine technology are integrated into UEC, as well as key companies in other selected fields. One of UECs priority directions is implementing comprehensive programs for developing companies by implementing new technologies that meet international standards

OBORONPROM is a multi-faceted machine-building group of companies established in 2002. It is part of the Russian Technologies group of companies. Its primary activities include helicopter building (Russian Helicopters), engine-building (UEC), and other assets.

Rostech State Corporation is a Russian corporation founded in 2007 to facilitate development, production, and export of high-tech industrial products for civil and military applications. Altogether, Russian Technologies encompasses 663 organizations. The corporation includes 8 holdings in the military-industrial complex, and five  in civilian industry. The corporation works in 60 constituent entities of the Russian Federation and supplies products to more than 70 countries around the world. Its 2012 turnover was 931 billion rubles, with net profit of 38.5 billion rubles. It paid a total of 109 billion rubles in taxes at all levels.