28 October 2015

The Holding's CEO Maxim Kuzyuk held a working meeting with Chairman and President of AVIC EM to discuss the prospects for cooperation. Before this, a Chinese delegation visited the Holding's facilities in Moscow."It's too early now to talk about a specific outcome of our meeting. The negotiations are still underway, but we found common ground for cooperation, not only under existing local programs, but also within future Russian/Chinese projects," said Holding CEO Maxim Kuzyuk. "Aircraft building companies from China are interested in our design and supply capabilities for aviation systems, and this interest was obvious after our presentation at the forum where we talked about our new projects."
The meetings were held to identify new opportunities for cooperation between the parties. In particular, the parties discussed the developments for the Long-Range Wide-Body Commercial Aircraft (LRWBA) and the heavy Russian-Chinese helicopter, as well as the modified MA-700 program.
At the suppliers forum in Nanjing, Maxim Kuzyuk spoke about Technodinamika’s state-of-the-art developments for the Russian and global markets. These include the electrical ground taxiing system for landing gear; fire protection system; crash-resistant fuel system for helicopters, and inert gas system to prevent fuel vapor ignition. He also spoke about the current transformation processes in the Holding, which will improve management, design, and manufacturing quality and increase the company's operational efficiency and capitalization. All these efforts will help the company to achieve its strategic goal of becoming one of the top five global manufacturers by 2020.

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 663 organizations that are currently part of 9 holding companies operating in the military-industrial complex and 6 companies operating in civilian sectors, along with 32 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 2014 amounted to RUB 964.5 billion. The corporation payed a total of RUB 147,8 billion in taxes.