Sergey Chemezov Presented a Report at the Federation Council

Sergey Chemezov Presented a Report at the Federation Council


Today, at the Federation Council was the day dedicated to the State Corporation for Assistance to Development, Production and Export of Advanced Technology Industrial Product "Rostec". General Director of the State Corporation Sergey Chemezov presented a report on the work of Rostec in the period of 2007-2017 during the 419th plenary session. According to Sergey Chemezov, the main success of the Corporation's work in that period was that the Corporation "could reverse the downward trend in the Russian industry".

One of the main lines of work of the Corporation as noted by Sergey Chemezov were activities aimed at ensuring the country's defensive potential. In particular, almost 25% of the total volume of state defence orders fall on the Rostec's companies, and about 300 organizations of the Corporation participate in the implementation of such orders.

 "We supply to the Military Forces Ka-52, Mo-28N, Mi-8 helicopters in various modifications, "Iskander-M" tactical missile systems, "Panzir-S" surface-to-air missile system, T-72 and T-90 tanks, "Typhoon" armoured vehicles and other products", said the Head of Rostec.

Besides, the State Corporation's companies implement more than 140 R&D and scientific projects with most significant projects dedicated to armoured vehicles of the "Armata" series, advanced helicopters, portable anti-aircraft systems, electronic warfare devices.

Another core task of the State Corporation mentioned by Sergey Chemezov was expansion of export of advanced technology industrial product. In particular, Rosoboronexport, a member of the Corporation, exports more than 85% of the Russian military products. A significant portion of supplies goes to the markets of the Middle East and North Africa, cooperation is also arranged with the countries of Latin America.

"The total volume of supplies by Rosoboronexport in the last decade has grown more than twice – from 6 to almost 13 billion dollars. As of September 2017, the total volume of stock of orders is about 44 billion dollars", noted Sergey Chemezov.

At the same time, companies of the defence industry included in the Rostec's structure actively master the civil products manufacturing. For example, innovative developments by Shvabe are widely used in various spheres of healthcare and are in high demand both in Russia and abroad. Besides, the civil helicopters building programme, including ambulance aviation, is being actively developed.

"Civil products manufactured since the Corporation's establishment has increased by 10%, or, in absolute terms – almost four times. This year, the revenue from civil products manufacturing will be about 470 billion rubles. As compared to the previous year, it will increase by almost one-third", emphasized the General Director of Rostec.

As a conclusion, Sergey Chemezov noted the social focus of the State Corporation. According to him, since 2009 the average salary at the Rostec's companies has grown from 17 thousand rubles to more than 45 thousand rubles this year, and it is expected to spend about 8 billion rubles on social programmes in 2017.