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Collaboration between NPO Saturn and RVC will facilitate the development of an innovation-driven infrastructure

Site news 17.02.2015

February 17, 2015, Rybinsk. - NPO Saturn hosted a visit of the representatives of the Russian Venture Company (RVC). The purpose of the visit was to establish a partnership for solving the tasks posed to the company today using the tools and expertise of RVC.
RVC is considered as one of the experts in shaping the economy of the next generation based on a technological rather than natural resource model. The management of RVC came up with an initiative of partnering with NPO Saturn as with a global market-oriented enterprise which can boast a wide range of competences in gas turbine engine manufacturing and building its own supply chain capable of boosting its competiveness on the global market.
RVC general director Igor Agamirzyan noted: “I get to visit many industrial companies in Russia and abroad, and I can assure you that what I’ve seen here today is a new breed of industrial company. Naturally, there still remains a great legacy of the previous socio-political formation. In my opinion, the management of NPO Saturn is on the right track of gradual integration of the company into the worldwide value streams while outsourcing to the maximum the company’s non-core activities.
Today, adopting new industrial technologies is one of the prioritized fields of Russia’s development. If our entire industrial complex doesn’t enter the world market of technological development, mechanical engineering first of all, we will no longer be able to stay competitive on both the world and the local markets. That’s why RVC pays particular attention to the technologically advanced companies in the field of implementing new industrial solutions.
At the moment, an environment of technological pioneers is undergoing formation; these are the companies which will determine the course of development of industrial technologies for Russia’s entire machine building for the decades to come. Therefore it is essential to know what is going on in the industrial companies, understand what problems exist to be able, among others, use our capabilities and resources in an attempt to solve them. First of all, we could help in getting small innovative companies involved for supporting the industrial process.”
In the course of the meeting, the parties expressed intention to sign a partnership agreement between NPO Saturn and RBC for organizing and conducting the GenerationS competition accelerating technological projects. This competition has been administered by RVC since 2013 with the support of Russian corporations, growth institutes and venture market players. During the competition the best projects selected based on the results of several iterations of expert evaluation see intensive development and broad investment opportunities. In 2015 the GenerationS is being conducted in close collaboration with the Russian companies interested in finding prospective innovation technologies through the GenerationS regional network of partners bringing together start-up schools, business incubators, universities and other participants of the innovation ecosystem dealing with start-up’s.
An agreement between NPO Saturn and RVC is planned to be signed during the II International technological forum “Innovations. Technologies. Production” which will be held in Rybinsk on 23-25 March 2015. Using the possibilities of RVC, it is envisaged to render support to those projects which might be in demand with the companies in the Gas turbine machinery and power engineering cluster located in the Yaroslavl region. Therefore, the said agreement is intended to promote the quality of the innovation environment and become the first step in the creation of a new innovation environment around NPO Saturn.
According to Dmitry Ivanov, NPO Saturn innovation development director, “Today, we pass on to a new stage in the development of the Gas turbine machinery and power engineering innovation territorial cluster and our company. Embarking on a partnership journey with RVC, NPO Saturn wishes to find high-tech co-manufactures for its products and connect a virtually unlimited network of innovations to the creation of its products. We hope that our collaboration will prove to be successful.”

The NPO Saturn Research and Production Association (OJSC) is an engine-manufacturing company specialized in the design and development, production and after-market support of gas turbine engines for military and commercial aviation, naval ships and power-generating plants and gas-pumping units. The association is part of the Union of Russian mechanical engineers, an all-Russian public organization whereby the regional branch is headed by I. N. Fedorov, NPO Saturn CEO.
NPO Saturn is part of United Engine Corporation (JSC) and acts as the leader of the Commercial Engines Division, a business unit of UEC founded on 09.10.2012 as a result of integration of the following companies: NPO Saturn (OJSC), Aviadvigatel (OJSC), PMZ (OJSC), Metallist-PM (CJSC), Energetik-PM (OJSC), REMOS-PM (CJSC), Motoservis-PM (CJSC) and Zheleznodorozhnik-PM (CJSC).
RVC (OJSC) is a state fund of funds, a Russian Federation growth institute, one of the main state instruments in the field of building a national innovation system. The chartered capital of RVC exceeds RUB 30 billion. 100% of RVC stock belongs to the Russian Federation represented by the Federal Agency for managing the state assets of the Russian Federation (Rosimuschestvo). The overall number of funds created by RVC has reached 18, their overall value being RUB 26.1 billion. The share of RVC amounts to RUB 16.1 billion. To date, the number of innovation companies funded by RVC is 169. The overall amount of investments equals RUB 15.3 billion.
United Engine Corporation (JSC) (a Rostec State Corporation company) is an integrated organization specialized in the design and development, serial production and after-market support of the engines for military and commercial aviation, space programs, the Navy, as well as for the oil and gas industry and power generation. One of UEC’s prioritized fields of activity is the implementation of comprehensive programs of development of the companies in the industry by introducing new technologies meeting the world-class standards. In 2013 revenues of the corporation amounted to RUB 158.9 billion.

The Rostec State Corporation is a Russian corporation established in 2007 in order to facilitate the development, manufacturing and export of high-technology industrial products of military and commercial application. Today it comprises over 700 companies, which form 9 defense-industrial and 5 civil industry holdings as well as 22 direct control companies. The Rostec portfolio includes such renowned brands as AVTOVAZ, KAMAZ, Russian Helicopters, VSMPO-AVISMA, etc. Rostec’s subsidiaries are located in 60 regions of Russia and deliver their products to over 70 countries worldwide. In 2013 revenues of the corporation amounted to RUB 1.04 trillion. Total taxation exceeded RUB 138 billion.

NPO Saturn press service
Phone: +7 4855 296898


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