UK Trade & Investment (UKTI) Moscow and ADS Group hosted a visit of British high-technology manufacturers to the British Embassy in Moscow.
UKTI Russia organised trade mission for UK aerospace companies to Russia and introduced them to key decision-makers from the largest Russian Original Equipment Manufacturers (OEM’s).
During the mission, a series of presentations and meetings with leaders of Russian aviation industry were held and potential cooperation issues were discussed.
The Russian Aerospace sector was represented by the senior level delegates from RT-Chemcomposite, United Engine Corporation (UEC), United Aircraft Corporation (UAC), Central Aerohydrodynamic Institute (TsAGI) and Aviation Equipment Holding.
In her welcoming speech Barbara Habberjam, Minister Counsellor (Economic and Trade & Investment) at the British Embassy, said: «British companies are open for dialogue and are seeking opportunities to explore new partnership channels with Russian counterparts».
The aerospace industry is currently at the forefront of the Russian manufacturing sector. As Russian companies seek to increase effectiveness and modernise production, there is a window of business opportunities for British high-technology manufacturers.
Some of the current business opportunities in the Russian Aerospace market include:
gas turbine engines components, exhaust systems, electronic engine control systems
design, production, assembly and integration of composite materials for aero-engines and nacelles
paints, coatings, sealants
high intensity radiated fields (HIRF)
health usage and monitoring system (HUMS)
fuel systems and its components
Russian aviation industry comprises 240+ companies with over 400,000 employees. Its volume stands at over 1.1% of Russian GDP.
New commercial opportunities are in place for UK suppliers as the large-scale governmental programme «Development of the Aviation Industry 2013-2025» picks up pace. It’s widely believed that the government is planning to inject further £3 billion into the sector during following 2 years only.
If you have any questions about forthcoming events please contact UKTI’s team in Russia:
Tel +7(495) 956 7312