Russian Helicopters Wins CSR Award from Industry and Trade Ministry

Russian Helicopters, a subsidiary of Oboronprom, part of Rostec State Corporation, has won the Ministry of Industry and Trade award for best integrated corporate social responsibility (CSR) policy. Alexander Mikheev, CEO of Russian Helicopters, received the award from Minister of Industry and Trade Denis Manturov at a ceremony held today at the Ministry in Moscow.

"We are grateful for the Ministry's high esteem of our work in the field of CSR," Alexander Mikheev said in his acceptance speech. "This is a great honour for us and an important event that once again affirms our strategy for developing Russia's helicopter industry."

Russian Helicopters makes a substantial contribution to social and economic development across Russia as a whole as well as in individual regions. The company provides about 40,000 jobs for highly qualified staff, and sees social welfare and its employees' health and safety as a core priority. Russian Helicopters works hard to raise the profile of engineering professions and to attract talented young people into the high-tech helicopter-building sector, as well as to develop social programmes. Russian Helicopters is also a major tax-payer that makes a large contribution every year to budgets in its regions of operation.

The Ministry of Industry and Trade's CSR awards were held for the first time this year. About 300 companies and organisations from across the defence industry took part.

Russian Helicopters, JSC is a subsidiary of UIC Oboronprom, which in turn is a part of State Corporation Rostec. It is one of the global leaders in helicopter production and the only helicopter design and production powerhouse in Russia. Russian Helicopters is headquartered in Moscow. The company comprises five helicopter production facilities, two design bureaus, a spare parts production and repair facility, as well as an aftersale service branch responsible for maintenance and repair in Russia and all over the world. Its helicopters are popular among Russian ministries and state authorities (Ministry of Defence, Ministry of Internal Affairs, Emergency Control Ministry), operators (Gazpromavia, UTair), major Russian corporations. Over 8000 helicopters of Soviet/Russian make are operated in 110 countries worldwide. Traditionally the demand is highest in the Middle East, Africa, Asia-Pacific, Latin America, Russia, and CIS countries. Russian Helicopters was established in 2007. In 2012 its IFRS revenues increased 21% to RUB 125,7 billion. Deliveries reached 290 helicopters.

UIC Oboronprom, JSC is a multi-profile industrial and investment group established in 2002. It is a part of Russian Technologies State Corporation. Its main tasks include: helicopter engineering (Russian Helicopters, JSC) and engine-building (United Engine Industry Corporation managing company).

Rostekhnologii State Corporation (Rostec) is a Russian corporation established in 2007 in order to facilitate the development, manufacturing and export of high-technology industrial products of military and civil purposes. Today it comprises over 663 companies, which form 8 military-industrial and 5 civil industry holdings. Rostec's subsidiaries are located in 60 regions of Russia and supply their products to over 70 countries worldwide. In 2012 revenues of the Corporation amounted to RUB 931 billion, net profits were RUB 38.5 billion and total taxation exceeded RUB 109 billion.