Russian Helicopters last month announced it has consolidated “control stock of all of Russia’s rotorcraft-building enterprises,” as it has increased its stake in Rostvertol from 23 percent to 75 percent.
The annual Russian Hour at Heli-Expo yesterday played to a full house. It is the third year that Russian exhibitors at the show have joined to offer a presentation profiling their nation’s helicopter industry and market activity, and there was plenty
to talk about.
Russia is a ripe market for Western helicopters, and at least one company, AgustaWestland, plans to establish manufacturing there. Overall there is considerable potential for more Western rotorcraft penetration in the Russian market especially in the civil, law enforcement and oil-and-gas sectors, with a demand that could grow to 450 to 500 helicopters by 2015.