VTB Bank and Russian Helicopters signed a cooperation agreement during the
VTB agreed to participate in financing production initiatives at Russian Helicopters companies, and also to finance investment projects and M&A transactions. The bank will also provide consultancy and information support services in banking, investment, and finance to Russian Helicopters.
At the signing ceremony, both executives noted that the agreement will promote the continued development of commercial and military helicopter production in Russia, and that it will help the company continue to supply
Russian Helicopters (part of State Corporation Rostec) is one of the world’s leaders in the helicopter industry, and the only developer and manufacturer of helicopters in Russia. Established in 2007, the holding company is headquartered in Moscow. It includes five helicopter plants, two design centres, components production and maintenance facilities, aircraft repair plant and a service company that provides