Airbus Expands Co-Operation with Russia with the Selection of Leading Partner Kaskol
Moscow, 21 May 2002
Press Releases |
The Kaskol Group has been selected by Airbus as a leading partner for the implementation of the first phase of its co-operation programme with the Russian aerospace industry. Airbus co-operation programme follows the agreement signed in July 2001 between Airbus major shareholder EADS and the Russian Aerospace Agency in Moscow (*), in presence of the President of the Russian Federation, Vladimir Putin.
The West European aircraft manufacturer, which has currently the largest backlog of the aircraft industry in the world, and the Kaskol Group, which is one of the largest privately held holding companies in Russia with a primary focus on the aerospace industry, are to set up jointly an Engineering Centre in Moscow as well as to develop a long term programme of industrial co-operation for Airbus in Russia.
This was announced by Airbus Chief Operating Officer Gustav Humbert and Kaskol Group President Sergei Nedoroslev at a joint press conference today in Moscow during which an agreement was signed between the two parties.
"Airbus and Russian aerospace companies had extensive experience of working together over the last decade, particularly in the field of research and technology where Russian scientists have been involved in Airbus related projects. The scope of activities is now being considerably enlarged with this new venture between Airbus and the Kaskol Group. The Airbus tradition of international co-operation has always been based on mutual benefits and respect, a principle which has led us to the success Airbus knows today", said Gustav Humbert.
"Co-operation with Airbus based on the great Russian aerospace tradition will facilitate closer links of the Russian enterprises with the West European aerospace sector and also grant direct access of the Russian products to the world market", pointed out Sergei Nedoroslev.
The Engineering centre, which will be the first one Airbus establishes in Eastern Europe, will ensure transfer of expertise and employment for ultimately several hundred Russian engineers. It will both co-ordinate and enlarge the scope of activities which Airbus intends to develop with Russian aerospace companies. In this capacity the Engineering Centre will have the leeway to subcontract engineering work throughout the whole Russian Federation.
In the manufacturing field, Kaskol will be also submitting shortly to Airbus proposals for participation in producing parts for the current Airbus programmes and the new Superjumbo A380.
Kaskol's subsidiary Hydromash, which has been supplying machinery components to Airbus since few years, recently saw its potential involvement in Airbus programmes considerably boosted with the offer by EADS to participate in the supply of the landing gear of the A400M transport aircraft. Russian potential industrial co-operation on the A400M programme has been discussed by the Russian President during his recent visit to Germany. Eight European nations have committed themselves to purchasing a total of 196 A400Ms valued at some 18 billion Euros
In the material purchasing field, where Airbus had its earliest activities with the Russian industry, the scope had been also considerably enlarged. Over the last few years it has evolved from raw material only to raw material and semi-finished products including those with higher adder value. Long term contracts had been renewed and extended. For example, VSMPO has become a major material supplier to Airbus for both flat and round rolled titanium products, now supplying over 55% of all Airbus titanium.
In addition, further to an extensive global analysis Russian Aluminium has been identified recently as a major potential supplier of aluminium products for the build of Airbus aircraft in future and talks are underway to finalise the contract. This could lead to Russian Aluminium supplying 30% of Airbus aluminium forging requirements, a significant proportion of extrusions and over 10,000 tons of aluminium plate, by 2006.
A leading aircraft manufacturer with the most modern and comprehensive product line on the market, and outstanding deliveries of over 1,500 at end-April 2002, Airbus is a global company with design and manufacturing facilities in France, Germany, the UK and Spain, as well as subsidiairies in the U.S., China and Japan. In Moscow, it has a regional office as well as technical representation providing on-the-spot airline support.
Airbus is an EADS joint Company with BAE SYSTEMS.
Based in Moscow, Kaskol holds equity stakes in over 20 Russian and international companies that focus on aircraft design and manufacturing, aircraft cargo operations, high-tech engineering and information technology. Founded in 1988 Kaskol has gradually grown into a company with culture that embraces new technology, fast-paced growth, constant change and devotion to customers and partners.
(*) Co-operation between EADS and Russian aerospace industry was furthered again recently, with the announcement early May by the West European aerospace company and the Russian Irkutsk Aircraft Production Association IAPO that they will jointly evaluate international market perspectives of the amphibious aircraft Be-200. After a display at the Berlin airshow, the aircraft has been presented in France and Greece to potential customers.
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