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Russian Helicopters
JSC Russian Helicopters (Russian: Вертолёты России, romanized: Vertolyoty Rossii, lit. 'Vertol of Russia') is a Russian helicopter manufacturing holding company that unites the majority of Russian helicopter manufacturing enterprises. The company's principal shareholder is Rostec. The holding company includes production plants producing finished products and design bureaus.
JSC Russian Helicopters produces light, medium, medium-heavy and heavy helicopters for military and civilian use. In 2019, the company held a 9.54% share of the military helicopter market and a 1.66% share of the civilian helicopter market.
The Russian Helicopters holding company was established in 2006 as a subsidiary of OJSC OPC Oboronprom, to which the parent company's helicopter manufacturing assets were transferred.
In 2007, Russian Helicopters consolidated all components of helicopter production and maintenance: helicopter development – Mil, Kamov, and Kazan Helicopter Plant design bureaus; helicopter serial production enterprises – Kazan Helicopter Plant, Ulan-Ude Aviation Plant, Rostvertol (Heavy Helicopter Plant); component manufacturers: Stupino Engineering Production Enterprise, Vpered (Moscow Machine-Building Plant); R.E.T. Kronstadt (Helicopter Simulator Production); helicopter repair - Novosibirsk Aircraft Repair Plant; service and marketing companies - Helicopter Service Company (created on the basis of OJSC Kamov-Holding), airline Aero-Kamov.
In September 2009, EASA, the European agency responsible for overseeing compliance with civil aviation safety standards in European countries, certified the Ka-32A11BC helicopter, allowing it to operate in European Union airspace. The helicopter's EASA.IM.R.133 type certificate allows EU operators to legally use the Russian aircraft for commercial purposes.
By the end of 2010, the holding company had consolidated controlling stakes in all helicopter manufacturing plants in Russia.
The company attempted to stage an IPO on the London Stock Exchange in May 2011, raising approximately $500 million (including up to $250 million in investment in the company itself, with the remainder going to its owner, Oboronprom). On the eve of the IPO, the company was valued at $1.8–2.4 billion. The lead-up to the IPO was accompanied by a rather high-profile advertising campaign, wish included a congratulatory advertisement in The Times on the occasion of Prince William's wedding. The full-page ad depicted an Mil Mi-26T helicopter hovering over Buckingham Palace with a large gift package. The ad was accompanied by the slogan, "For a famous pilot from a famous helicopter manufacturer." However, the IPO was postponed due to low demand for the shares.
In 2011, Russian Helicopters completed the placement of Series BO-02 exchange-traded bonds worth 5 billion rubles. Gazprombank served as the issue manager.
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Russian Helicopters
JSC Russian Helicopters (Russian: Вертолёты России, romanized: Vertolyoty Rossii, lit. 'Vertol of Russia') is a Russian helicopter manufacturing holding company that unites the majority of Russian helicopter manufacturing enterprises. The company's principal shareholder is Rostec. The holding company includes production plants producing finished products and design bureaus.
JSC Russian Helicopters produces light, medium, medium-heavy and heavy helicopters for military and civilian use. In 2019, the company held a 9.54% share of the military helicopter market and a 1.66% share of the civilian helicopter market.
The Russian Helicopters holding company was established in 2006 as a subsidiary of OJSC OPC Oboronprom, to which the parent company's helicopter manufacturing assets were transferred.
In 2007, Russian Helicopters consolidated all components of helicopter production and maintenance: helicopter development – Mil, Kamov, and Kazan Helicopter Plant design bureaus; helicopter serial production enterprises – Kazan Helicopter Plant, Ulan-Ude Aviation Plant, Rostvertol (Heavy Helicopter Plant); component manufacturers: Stupino Engineering Production Enterprise, Vpered (Moscow Machine-Building Plant); R.E.T. Kronstadt (Helicopter Simulator Production); helicopter repair - Novosibirsk Aircraft Repair Plant; service and marketing companies - Helicopter Service Company (created on the basis of OJSC Kamov-Holding), airline Aero-Kamov.
In September 2009, EASA, the European agency responsible for overseeing compliance with civil aviation safety standards in European countries, certified the Ka-32A11BC helicopter, allowing it to operate in European Union airspace. The helicopter's EASA.IM.R.133 type certificate allows EU operators to legally use the Russian aircraft for commercial purposes.
By the end of 2010, the holding company had consolidated controlling stakes in all helicopter manufacturing plants in Russia.
The company attempted to stage an IPO on the London Stock Exchange in May 2011, raising approximately $500 million (including up to $250 million in investment in the company itself, with the remainder going to its owner, Oboronprom). On the eve of the IPO, the company was valued at $1.8–2.4 billion. The lead-up to the IPO was accompanied by a rather high-profile advertising campaign, wish included a congratulatory advertisement in The Times on the occasion of Prince William's wedding. The full-page ad depicted an Mil Mi-26T helicopter hovering over Buckingham Palace with a large gift package. The ad was accompanied by the slogan, "For a famous pilot from a famous helicopter manufacturer." However, the IPO was postponed due to low demand for the shares.
In 2011, Russian Helicopters completed the placement of Series BO-02 exchange-traded bonds worth 5 billion rubles. Gazprombank served as the issue manager.