Russian-Italian Joint Venture to Deliver 17 Helicopters to Rosneft

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Italy's Leonardo-Finmeccanica aircraft manufacturer and the Russian Helicopters firm will build 17 helicopters for the Russian oil company Rosneft, the company said Friday in press release.

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MOSCOW (Sputnik) — Earlier in the day Rosneft, Leonardo-Finmeccanica and Russian Helicopters signed a tripartite agreement at the St. Petersburg International Economic Forum (SPIEF).

The agreement envisages that Leonardo-Finmeccanica will deliver 30 helicopters to Rosneft, with 17 out of 30 aircraft to be built on the facilities of HeliVert, a joint enterprise between Russian Helicopters and AgustaWestland, a Leonardo-Finmeccanica's subsidiary.

According to Rosneft, the helicopters will be delivered to Rosneft in 2018.

In 2014, Russia's State Corporation Rostec, the oil company Rosneft and Leonardo-Finmeccanica signed a trilateral agreement on strategic partnership, envisaging the production of 150 helicopters at the HeliVert plant outside Moscow.

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