Friday, August 18, 2017

UMMC-owned company to send five planes to Orenburg region

The Ural Mining and Metallurgical Company-owned Aircraft Industries plans to send five L-410 UVP E20 planes to the Orenburg region to help the area with regional cargo shipments by the end of next year.

Three of the planes from the Czech aircraft factory are passenger airplanes and the remaining two are convertible aircraft that can provide the region with medical services in remote areas, RusBusinessNews reports.

Aircraft Industries' majority owner is UMMC.

A preliminary agreement was reached between Yuri Berg, the governor of the Orenburg region, and Andrei Kozitsyn, UMMC's CEO. The financial terms of the deal were not disclosed, but UMMC said that the deal would take into account state subsidies for leased aircraft.

Since the L-410 UVP E20 was certified in August 2009, the Czech aircraft factory has manufactured 35 of them. More than 20 of the planes were shipped to Russia. Multiple countries in Latin America and Europe also purchased the aircraft, RusBusinessNews reports.

UMMC is the manager of assets in more than 40 enterprises located throughout Russia. The company is one of the top coal, non-ferrous metal roll, zinc and lead producers in Russia and is its top copper producer. The primary owners of UMMC are Kozitsyn and its president, Iskander Makhmudov, according to Russia & CIS Business & Financial Daily.