25 December 2015

Rostec State Corporation and the Federal Corporation for Small and Medium Business Development (MSP Corporation) have signed an agreement on cooperation that will improve access to procurements for small and medium businesses. The cooperation agreement improves access to procurements made by the State Corporation for small and medium businesses. The document was signed by Rostec Head Sergey Chemezov and MSP Corporation CEO Alexander Braverman.
Technodinamika Holding of the State Corporation is already actively working with small and medium businesses. The share of procurements made by the holding from small and medium businesses was 24% of the total in 2015.
"We are interested in transferring a part of the load to specialist organizations which do some works faster and cheaper because of more developed skills. This will decrease the cost price of final product units for us and also our customers," said Maxim Kuzyuk, CEO of Technodinamika. "We have positive experience of developing cooperation already, and will enhance collaboration with small and medium businesses next year."
An increase in the share of purchasing components and services produced by small and medium businesses will have a positive impact on increasing production potential of Technodinamika Holding itself, since both seller and purchaser in this situation are interested equally in developing a competitive environment, improving quality, and optimizing the unit costs of products or services.
Rostec intends to prepare a proposal to improve legislation as part of the legal support for small businesses in Rostec procurement. The Corporation MSP, in turn, will support necessary measures to increase the activities of entrepreneurs. It is planned to draw up a register of businesses based on their profile and product range. Furthermore, conferences and informational workshops for representatives of small and medium business are planned.
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, Yekaterinburg, 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.