World news story

High-tech aerospace firms in Russia

UK delegation discuss opportunities in Russia’s aerospace sector, meets key decision-makers.

This was published under the 2010 to 2015 Conservative and Liberal Democrat coalition government

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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».

Opportunities

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

  • composite materials

  • avionics

  • 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.

Contacts

If you have any questions about forthcoming events please contact UKTI’s team in Russia:

Rufina Baybulatova

Tel +7(495) 956 7312

Email: Rufina.Baybulatova@fco.gov.uk

Published 28 February 2014