United Aircraft Corporation
 |
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| Public company | |
| Traded as | MCX: UNAC |
| Industry | Aerospace and defense |
| Founded | February 2006 |
| Headquarters | Moscow, Russia |
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Key people
|
Sergei Ivanov (Chairman) Yuri Slyusar (President) Mikhail Pogosyan (Director-General) |
| Products | Military aircraft Civil aircraft Cargo aircraft |
| Revenue |
 RUB 285 billion (2014)
|
| Owner | Russian Government (80.29%) |
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Number of employees
|
100,000 |
| Subsidiaries |
Voronezh Aircraft Production Association Beriev Ilyushin Irkut Sukhoi Mikoyan Tupolev Yakovlev Aviastar-SP KNAAPO TAPO |
| Website | uacrussia.ru |
JSC United Aircraft Corporation (UAC) (Russian: Объединённая авиастроительная корпорация (ОАК), Obyedinyonnaya Aviastroitelnaya Korporatsiya (OAK)) is a Russian open . With a majority stake belonging to the Russian Government, it consolidates Russian private and state-owned aircraft construction companies and assets engaged in the manufacture, design and sale of military, civilian, transport, and unmanned aircraft. Its headquarters are in Krasnoselsky District, Central Administrative Okrug, Moscow.
UAC was created in February 2006 by Russian President Vladimir Putin by merging shares from Ilyushin, Irkut, Sukhoi, Tupolev, and Yakovlev as a new company named United Aircraft Corporation. In October 2007 the Federal Financial Markets Service registered a primary issue of common shares for the United Aircraft Building Corporation. The issue included 96,724,000,000 shares priced at 1 RUB (US$0.04). They also announced plans for a possible 10–15% share issue in 2008, planning to retain a 75% stake. Currently, after placing 5 additional share issues, the Corporation's chartered capital amounts to 174.61 bln. RUB. The share of the Russian Federation in UAC’s chartered capital is 80.29%.
In December 2007, the second largest (and state-owned) Russian bank Vneshtorgbank (VTB) announced that it would sell its 5% share in EADS to UAC at market price. Later that month VTB sold its share in EADS to the state-owned Russian Development Bank (VEB). EADS already owns a 10% stake in Irkut which it plans to convert into UAC shares, leading to EADS and UAC owning shares of each other.
UAC will realize seven projects proposed by the Russian aircraft industry, including the Sukhoi Superjet 100 (formerly the Russian Regional Jet) and a medium-range plane, MS-21 (by Irkut, Ilyushin and Tupolev).
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