29 December 2015
Technodinamika Holding company, which adopted its new strategy in March, is planning to grow annually by 18% until 2025. The list of the Holding company's strategic goals includes capturing 50% of the CIS market and becoming one of the top 5 global leaders in developing and manufacturing aircraft systems, as early as 2020.
"We fully share the goals defined in the State Corporation's strategy and aim to become a driver of its development by setting slightly higher goals than those specified in the Rostec strategy," said Maxim Kuzyuk, CEO of the company. "We expect that, as early as 2020, the total company revenue will triple to 70 billion rubles, and total net profit will increase almost four-fold to 6.4 billion rubles."
According to the development strategy, by 2020, the Holding company intends to become a global supplier of 12 aircraft systems, including landing gear, electric power systems, aircraft security and life-support systems, auxiliary power units, as well as fuel and hydraulic systems. The development of production facilities provides for the investment of 28 billion rubles until 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 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.