EADS N.V. - EADS enhances presence in Russia - Vadim Vlasov heads new EADS Company under Russian law

To enhance its successful business activities in Russia, EADS will set up a company under Russian law. The Executive Committee of EADS has appointed Vadim Vlasov, 38, to head this new company. The new entity aims to leverage and to develop the already important existing EADS business in Russia and to develop further opportunities. It will become operational in January 2004 and will be complimentary to the current EADS office in Moscow.

Vadim Vlasov has completed a degree at the Moscow Aviation Institute (MAI). He then held various positions in the MAI research staff and administration, in the Russian Ministry of Defence and in Russian and Western companies. His most recent position was Vice-President and Head of Siemens Medical Solutions Division at Siemens Russia.

Among other activities, EADS is preparing the marketing for the Russian amphibian airplane Be-200 with Irkut Corpora-tion and Rolls Royce Deutschland. Airbus has set up the ECAR engineering centre with the Kaskol Group. EADS is also cooperating with Russian partners in helicopters, military aircraft and space.

EADS is the second largest aerospace and defence company in the world with revenues of € 29.9 billion in the year 2002 and a workforce of more than 100,000. It is a systems inte-grator and as such is one of the few companies worldwide capable of combining various products and technologies to form complete systems and offering the associated services. The EADS Group includes the aircraft manufacturer Airbus, the world's largest helicopter supplier Eurocopter and the joint venture MBDA, the second largest missile producer in the global market. EADS is the major partner in the Eu-rofighter consortium, is the prime contractor for the Ariane launcher, develops the A400M military transport aircraft and is the largest industrial partner for the European satellite navigation system Galileo. EADS has over 70 sites in France, Germany, Great Britain and Spain and is active in many re-gions worldwide, amongst them America, Russia and Asia.

EADS enhances presence in Russia - Vadim Vlasov heads new EADS Company under Russian law

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