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06 May 2015

For 2014, the net profit of Aviaagregat of Technodinamika Holding of Rostec State Corporation was RUB 237,836,000. Net profit increased by 498%. The enterprise earned revenue of RUB 2.332 billion.

"Aviaagregat shows that is has a stable position in the market and the capacity for further development as a key driver of the Holding company," said Maxim Kuzyuk, CEO of Technodinamika. "The enterprise has secured a long term order book." He noted that the increase in profit comes from changes in the order book and positive exchange rate differences on export contracts.

Today, this Technodinamika enterprise is upgrading its current facilities and acquiring new equipment to ensure the output of increased production volumes. The estimated amount of investment until 2020 is RUB 4.4 billion.

The enterprise is working on a number of promising projects, such as IL-112V, the next generation of light transport aircraft, and Yak-152, a training aircraft. In addition, Aviaagregat will manufacture individual landing gear system units for MS-21.

Moreover, Technodinamika Holding company has become an integrator in the project to create an electric drive for the landing gear wheel of Sukhoi Superjet 100 (SSJ-100) and is actively collaborating with Messier-Bugatti-Dowty (MBD), a French company, in the production of landing gear components for the aircraft.

JSC Aviaagregat was established in June 1932. It is the largest developer and manufacturer of landing gear for civil, cargo, and military aircraft and helicopters in Russia. Since 2009, JSC Aviaagregat has been part of Technodinamika Holding, Rostec State Corporation.  The company employs more than 1,900 people. The average salary exceeds RUB 32,000. According to the Annual Report, sales revenue in 2013 was RUB 2.6 billion.
Technodinamika Holding offers design, engineering, manufacturing, and after-sales services of aircraft systems and components. The Holding also produces parts and components for the oil and gas, automotive, transport, and power generation industries. Technodinamika comprises 36 enterprises located all over Russia: in Moscow, Moscow Region, Ufa, Samara, Ekaterinburg, Arkhangelsk Region, and other Russian regions. The Holding is part of Rostec State Corporation.
Rostec State Corporation is a Russian corporation established in 2007 to assist industries in the development, production, and export of high-technology military and civil products and services. The corporation comprises more than 700 organizations that are currently part of 9 holding companies operating in the military-industrial complex and 5 companies operating in civilian sectors, along with 22 direct management organizations. Rostec's portfolio includes many well-known brands such as AVTOVAZ, KAMAZ, Russian Helicopters, VSMPO-AVISMA, etc. Rostec has subsidiaries in 60 regions of the Russian Federation that export their products to over 70 countries worldwide. Rostec's revenue in 2013 amounted to RUB 1.04 trillion. The corporation payed a total of RUB 138 billion in taxes.