Log in to use our free company, program and sector update tracker feature.

Front page

AgustaWestland and Russian Helicopters sign agreement for the firm establishment of the HeliVert JV

Russian Helicopters (subsidiary of JSC UIC Oboronprom, part of Russian Technologies State Corporation) and AgustaWestland (a Finmeccanica company) are pleased to announce the signing of the final agreements for the firm establishment of HeliVert, a Russian Helicopters and AgustaWestland "equal" joint venture. HeliVert is intended to set up and run a final assembly line plant for the civil AW139 medium twin helicopter in Russia.

The assembly line is being built on a 40,000 m2 site within the industrial area in Tomilino, Moscow region, and is expected to be opened within summer with assembly activities to start in the 4th quarter this year. The plant is planned to assemble up to 15 AW139s per year. The assembly line will meet requirements of the civil markets in Russia and CIS countries. HeliVert's management will be expressed equally by Russian Helicopters and AgustaWestland appointing the General Director and Deputy Director respectively. Total headcount at maximum capacity will exceed 100 employees. This agreement is the latest achievement under the framework of the strategic cooperation between UIC Oboronprom and AgustaWestland which started in the summer of 2007 and follows the assembly line groundbreaking ceremony held in June 2010.

Bruno Spagnolini, Chief Executive Officer, AgustaWestland said "We are happy to have come to this latest stage of our strategic partnership which paves the path for a bright future of industrial collaboration with Russian Helicopters through the best selling medium twin helicopter in the world market. We are confident the AW139 will prove capable to meet a range of requirements in the Russian and CIS civil markets for years to come and we are committed to guaranteeing the best support to our customers." Dmitry Petrov, Chief Executive Officer, Russian Helicopters, JSC said "In this highly effective partnership we expect to gain mutual technological and market benefits exchanging production culture and experience to deliver one of the best helicopter products to Russia and CIS." Paving the path to start building the plant in Russia a time capsule in the base of the foundation at the industrial area in Tomilino was placed during a ground-breaking ceremony on June 22th 2010.

Press release issued by Leonardo-Finmeccanica Helicopters on June 20, 2011


 Contact details from our directory:
Leonardo-Finmeccanica Helicopters Airframer
Russian Helicopters, JSC


 Related aircraft programs:
AgustaWestland AW139


 Related directory sectors:
Manufacturing Services

Enhanced listings:

Valence Surface Technologies
The leading metal processing company serving the global aerospace industry. Valence’s ten facilities offer full-service capabilities: NDT, shot peen, chemical processing, paint, and other coatings.

Reduce the time spent on current projects by using ESDU – engineering data and software that have been approved and endorsed by professional institutions.

General Plastics Manufacturing Co.
General Plastics has been supplying OEMs, Tier 1 and Tier 2 companies with flame-retardant foam core materials and custom flexible foam molded parts for aircraft flight decks and interior cabins for over 50 years.

Samuel, Son & Co.
Looking for a quality metals supplier? Samuel can provide Aircraft Quality metals that meet Commercial and Military specifications

The leading provider of heat treatment services worldwide. Bodycote offers high quality, reliable and cost-effective services to manufacturers whatever their size or market sector.

See our advertising tariff.


data pages remaining in monthly quota for non-subscribers

© Copyright of Airframer Limited, operated under licence by Stansted News Limited 2016. Terms & Conditions of reading.