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Rostelecom and NPO Saturn signed a strategic partnership agreement in the field of innovative development

Site news 6.04.2016

In the frame of the III International technological forum Innovations. Technologies. Manufacturing held in Rybinsk these days, Rostelecom and NPO Saturn signed a strategic partnership agreement in the field of innovative development.

The main paths of the companies’ collaboration will be focused on Industrial Internet. Besides, the parties will collaborate on the development and implementation of remote monitoring, diagnostics and prediction of condition of different types of equipment solutions.

“We continue partnering with industrial companies implementing the Industrial Internet technologies with the goal of obtaining such operational industry-based solutions as, for instance, business process optimization, development of complex systems, standards, protocols and security policy as well as import substitution,” - noted Boris Glazkov, director of Rostelecom strategic innovations center, during the document signature.

“The objective we want to solve using Industrial Internet is the creation of a system of preventive maintenance of remote and shiftable objects. No doubt that there is a tremendous field for application of these technologies on our shop floor. Overall, we are at the very beginning of our journey and we need a reliable partner who would possess the required competences and resources to solve such tasks. We believe having found such partner in Rostelecom,” commented Alexey Sobolev, NPO Saturn chief financial officer.

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Research and production association Saturn [NPO Saturn] (PJSC) 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, power generation and gas compression as well as for ships and vessels. NPO Saturn is part of United Engine Corporation (JSC) (a Rostec State Corporation company) and is the leader of the Commercial Engines division. 

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Rostelecom (PJSC) (www.rostelecom.ru) is one of the largest nationwide telecommunications companies in Russian and in Europe present in every market segment spanning millions of Russian households.
The company is a leader of the Russian broadband Internet access and paid TV: the number of broadband Internet subscribers exceeds 11,6 million while there are over 8,6 million of the paid Rostelecom TV subscribers among whom over 3,4 million watch a unique federal product “The Interactive TV”.
In 2015, the Group’s revenue totaled RUB 297,4 bln., OIBDA reached RUB 100,8 bln. (33,9% of the revenue) while net profit equaled RUB 14,4 bln.
Rostelecom is an undisputed leader of the telecommunication services market for Russian state powers and corporate clients of all levels.
The company is a recognized leader in innovative solutions in the field of electronic government, cloud computations, healthcare, education, security and public utilities.
The company’s stable financial standing is confirmed by credit ratings: Fitch Ratings at the “BBB-” level and by the Standard&Poor’s rating at the “BB+” level.

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During the agreement signature (06_04_2016) 226 kb

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