MOSCOW (Sputnik) — The Russian Helicopters Company, a subsidiary of Russian state technology company Rostec, announced Tuesday it was expanding its presence in Asia-Pacific markets.
"The economies of the Asia-Pacific region are developing dynamically. The need for helicopters in the region is growing. Our company is interested in this market and is trying to expand its presence there," company head Alexander Mikheyev said as quoted by the company’s press service.
Mikheyev added that his company was seeking "win-win cooperation."
At the Langkawi International Maritime and Aerospace (LIMA) exhibition, in Malaysia Sunday, Russian Helicopters will present two new civil multipurpose helicopters; Mi-171A2 and Ansat, according to the company statement. The company will also demonstrate with Russia's state arms exporter Rosoboronexport the Mi-35M, Mi-171SH and Mi-17V-5 helicopters, the statement said.
Last year the company announced it had manufactured 24 percent of the global military helicopter fleet and planned to have 20 percent of the global overall helicopter market by 2020.