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Rosoboronexport turns 13
01.11.2013 Press release

Thirteen years ago, on November 4, 2000, the Rosoboronexport Federal State Unitary Enterprise – the sole state intermediary agency responsible for export/import of defense-related products – was set up through the merger of two previous state arms exporters, Rosvooruzhenie and Promexport, within the framework of reforming Russia’s system of military-technical cooperation with foreign countries.

On July 1, 2011, the Rosoboronexport holding became part of the Rostec State Corporation and since then has been operating as an open joint stock company.

Rosoboronexport Director General Anatoly Isaykin congratulated the holding’s employees on the foundation day, noting that each employee has contributed to military-technical cooperation with foreign countries, preservation and increase of the best traditions of their predecessors.

“Thanks to its balanced development strategy and persistent cohesive activities in a competitive environment, Rosoboronexport has been steadily increasing exports of weapons and military equipment over thirteen years of its operation. With your hard work you ensure global recognition for Russia as a high-technology country and the status of a trusted business partner for Rosoboronexport, - emphasized Anatoly Isaykin.

Between 2000 and 2013, Rosoboronexport has achieved great results: the export sales of defense-related products in the first year of its existence were US$ 3.1 billion, whereas in 2013 the company has to pass the US$ 13 billion milestone.

Today, the sales geography for Rosoboronexport’s high-tech defense products encompasses more than 70 countries: the company exports 100% of Russia’s final weapons and military equipment and provides more than 80% of all export defense deliveries. Rostec and Rosoboronexport’s representation offices are in operation in fifty countries.

Rosoboronexport is a global market leader in weapons and military equipment, enabling Russia to firmly rank second among largest arms exporters. Prospects for success are ensured by Rosoboronexport’s portfolio of orders which currently stands at over US$ 38 billion.

Rosoboronexport, a subsidiary of the Rostec Corporation, is the sole state-owned arms trade company in the Russian Federation authorized to export the full range of military and dual-purpose products, technologies and services. Rosoboronexport is one of the leading world arms exporters to the international market. Its share in Russia's military exports exceeds 80 percent. Rosoboronexport cooperates with more than 700 enterprises and organizations in the Russian defence industrial complex. Russia maintains military technical cooperation with more than 70 countries around the world.

The Russian corporation Rostec was established in 2007 with the purpose to render assistance to industries in the development, production and export of high-technology military and civil-purpose products. It comprises 663 enterprises grouped into eight holding companies in the defence industrial complex, and five holding companies in civil industry branches. The Rostec subsidiaries are located in 60 regions of the Russian Federation, and export their products to more than 70 countries worldwide.



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