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09.09.2012

EXIAR among exhibitors at “Gidroaviasalon 2012”

The Russian Agency for Export Credit and Investment Insurance (EXIAR) was among the participants at the Gidroaviasalon 2012 international exhibition, which took place 6–9 September.

This was the ninth successive hydroaviation exhibition, which took place at Gelendzhik Bay on the Black Sea, on the Beriev Aircraft Company testing ground and at Gelendzhik Airport.

More than 170 companies from eight countries (Russia, Ukraine, Italy, France, Germany, Austria, Belgium, and the Czech Republic) took part in the event, which this year featured 130,000 sq. m of exhibition space.

This was the first time the Agency exhibited at the event. EXIAR's corporate stand was used to hold negotiations with representatives of exporters and banks.

On the opening day of the exhibition, EXIAR's stand was visited by Denis Manturov, Minister of Industry and Trade of the Russian Federation, and Viktor Kobzev, General Director of the Beriev Aircraft Company. Other notable visitors to EXIAR's stand included Arkady Dvorkovich, Deputy Prime Minister of the Russian Federation, and Alexander Tkachyov, Governor of Krasnoyarsk Territory.

In addition, EXIAR's management held a seminar at Gidroaviasalon 2012 for representatives of export-oriented companies attending the exhibition.

A Memorandum of Cooperation was signed in the presence of Denis Manturov between the Russian Agency for Export Credit and Investment Insurance and the Beriev Aircraft Company during the exhibition. Under the agreement, EXIAR will organise insurance support for the Beriev Aircraft Company's exports of high-tech industrial products, namely, Beriev Be-200 aeroplanes.

Gidroaviasalon 2012 was organised by the Ministry of Industry and Trade of the Russian Federation, and hosted by the Beriev Aircraft Company. The organising committee is chaired by Denis Manturov.

Over 25,000 people visited the Gidroaviasalon exhibition on the final day, setting a new record for hydroaviation technology exhibitions.

The Russian Agency for Export Credit and Investment Insurance (EXIAR) was established in October 2011. EXIAR’s mission is to support Russian high-tech exports by insuring export credits against commercial and political risks, as well as Russian investments abroad against political risks. EXIAR’s sole shareholder is Vnesheconombank. The Agency’s charter capital is RUB 30 billion (approx. USD 1 billion).