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Rosoboronexport to Put on Display Whole Range of Naval Equipment in Paris and Carry on Dialog with European Partners
27.10.2014 Press release

Rosoboronexport, subsidiary of the Rostec State Corporation, will present at Euronaval 2014 – to take place in Paris on October 27-30, 2014 – Russian naval products highly desired in the world market.

“We are planning to discuss with our partners prospective lines of cooperation. This is about promoting production cooperation, joint development projects aimed at developing and introducing new products to the world market. We will also make sure and take the opportunity to promote the whole range of Russian naval equipment,” Deputy Director General Sergey Ladigin, picked to head Rosoboronexport and Rostec’s joint delegation at the exhibition, says.

Some Rosoboronexport’s specialists expect foreign delegations to take interest in the Mirazh (Project 14310), Sobol (Project 12200), and Mangust (Project 12150) fast patrol boats, as well as Project 11356 frigate, Tigre (Project 20382) corvette, Murena-E (Project 12061E) landing craft, and Project 636 and Amur-1650 submarines.

The company will also bring to the event systems with the most promising chances in the world market, including the Club missile system, 100mm A-190 and 57mm A-220M guns, Palma SAM system with Sosna guided missiles, Gibka launcher designed to fire Igla missiles, as well as other ship systems and simulators.

The equipment offered by Rosoboronexport will boost capabilities of the navy of any country, make it fit to protect the exclusive economic zone, provide security in offshore mining operations, and counter the still increasing threat of pirates.

The schedule has meetings both with traditional and budding partners from Western Europe, South-East Asia, Africa and the Middle East. Particular attention will be paid to discussions of further cooperation with leading European manufacturers, as well as projects for third countries.

“Lots of European weapons manufacturers are keen on closer cooperation with Russia, and Navy is no exception. There is no use in denying the fact that current political situation makes this cooperation rather difficult. Though, we are open to our partners and welcome mutually beneficial dialogues. We believe this exhibition presents a good opportunity to “synchronize our watches” and work out further steps,” Sergey Ladigin says.

JSC Rosboronexport, part of the Rostec State Corporation, is Russia’s sole state intermediary agency responsible for import/export of the full range of defense and dual-use products, technologies and services. The company ranks among the leaders in the global arms market. It accounts for over 80% of Russian arms exports. Rosoboronexport cooperates with more than 700 enterprises and organizations of Russia’s defense industrial complex. It maintains military-technical cooperation between Russia and more than 70 countries. In 2013 Rosoboronexport delivered weapons and equipment worth of $13.2 bln to the customers. Currently the order portfolio of Rosoboronexport accounts to about $38 bln.

Rostec State Corporation is the Russian corporation established in 2007 to promote the development, production and export of high-technology industrial civil and military goods. It comprises about 700 enterprises which currently form 9 holdings in the defense industrial complex and 5 holdings in civil industries. Rostec’s enterprises are located in 60 regions of Russia and serve the markets of over 70 countries. In 2013, its revenue was 1.04 trillion rubles, net profit – 40 billion rubles and tax payments to the budgets of all levels exceeded 138 billion rubles.