Radio engineering and information systems of RTI Group of system

Open Joint-Stock Company Concern Radio Engineering and Information Systems unites leading Russian enterprises with great scientific and production potential and experience in implementing unique projects in the field of high technologies.

The headquarters of the company is located in Moscow.

Performance indicators

Arms sales in 2014 amounted to $840 million. 91st place in the list of 100 leading world arms manufacturers for 2014 compiled by the Stockholm Institute for Peace Research (SIPRI).

Aktivs

Industry specialization of the concern: radio construction and missile technology, complex communication and security systems, driving equipment. In the field of over-the-horizon radar, the concern is one of the world leaders. In the field of powerful over-the-horizon radar, the concern is a leading Russian developer, many of the concern's developments have no analogues in the world.

As of December 2015, among the assets of the enterprise:

Radio engineering and missile technology

• OJSC "RTI named after A.L. Mints"
• JSC "NPK NIIDAR"
• JSC "Saransk Television Plant"
• OAO OKB Planet
• RTI Group Radio CJSC
• JSC R.O.S.SPETSTEKHMONTAZH
• Dubnensky Machine-Building Plant OJSC
• RTI-Invest CJSC

Integrated Communication and Security Systems

• Yaroslavl Radio Plant OJSC
• Vympel Sistema CJSC
• OJSC "MTU Saturn"
• CJSC NPK VT and SS
• Center-Telko CJSC
• ZAO Research Institute "Tsentrprogramsystem"
• Geoinformatics Technology Center OJSC
• Intellect-Telecom OJSC

Driving equipment

• Uralelectro Group of Companies

At the end of 2015, among the areas of activity - the creation of information means of rocket and space defense, the organization of technical operation of missile attack warning systems, space control, missile defense, mechanotronics.

Among the products produced by the concern's companies are unmanned aerial vehicles: Kaira, Avius-1, Vyakhir, Outpost, based on the Diamond DA42 aircraft, terahertz radiophoton radars^[1].

History

2023: Arrest of ex-deputy general director on charges of bribery

On July 24, 2023, it became known that a criminal case was sent to the Dubninsky City Court of the Moscow Region against the former first deputy general director of JSC RTI Group Sistema and deputy general director of PJSC IAC Vympel, Major General Vyacheslav Lobuzko. He is accused of bribing the former head of the 5th department of the department of military missions of the Ministry of Defense of the Russian Federation Andrei Marchukov. Read more here.

2015: Office search, documents seized

Law enforcement agencies searched the Radio Engineering and Information Systems concern, TASS reported in June 2015. The financial documents in the case of overstating the cost of the contract for the construction of the National Integration Center for Monitoring Biological Threats for the Ministry of Health were seized.

The financial documentation in the case of overstating the cost of the contract for the construction of a monitoring center for the Ministry of Health of the Russian Federation was withdrawn. No charges have yet been filed. A criminal case was initiated on the fact of abuse of power during construction by order of the Ministry of Health of the National Integration Center for Monitoring Biological Threats.

2011: Bank of Moscow will invest 3 billion rubles in the development of RTI Group

On February 4, 2011, it became known that AFK Sistema would receive 3 billion rubles from the Bank of Moscow. For the RTI Group System concern, which produces equipment for the military^[2]. For this, the bank will receive 15.4% of the shares of the new company, which will get 97% of the shares of RTI Group Systems

Sistema is creating RTI Group together with the Bank of Moscow. The corporation will contribute 97% of the shares of the Radio Engineering and Information Systems concern (RTI Group Systems) and 2.88 billion rubles to its authorized capital, and the Bank of Moscow - 3 billion rubles.

The bank's share in RTI Group will be 15.4%, and Sistema - 84.6%. For this transaction, Sistema's share in the concern was estimated at about 14 billion rubles, the assessment was carried out by Ernst & Young. The rest of the shares of the concern belong to individuals, they will not be included in the new company, adds Belous.

AFK and the Bank of Moscow intend to ensure the implementation of the investment program of the RTI Group System Concern, including in the field of large-scale state projects, such as geoinformatics and Glonass, says the vice president of Sistema and chairman of the board of directors of the Sergei Boev concern. The strategy of the RTI Group System concern is aimed at creating a leader in the Russian industry in the field of innovative radio technologies, including in the defense sector, and the Bank of Moscow has been working with many defense enterprises for 12 years, a bank representative adds. According to him, the financial capabilities of the bank will allow diversifying the activities of RTI Group and commercializing its developments.

The revenue of RTI Group Systems for the first nine months of 2010 amounted to $336 million, OIBDA - $56 million, and debt - $82 million. Thus, the concern was estimated for the transaction at 5.5-8 OIBDA indicators (depending on the indicators of the last quarter of 2010), said Uralsib analyst Konstantin Belov. Strategically, it can be considered as a continuation of the restructuring of the asset portfolio and the search for partners to participate in secondary businesses, he continues. He recalls that in November 2010, Sistema agreed to create a similar partnership with the British holding Thomas Cook in the field of travel business (AFK contributed a controlling stake in Intourist, and the British - $45 million), and in December, Sberbank acquired a block stake in Detsky Mir from AFK for 3.4 billion rubles.

2000: Creation of the "RTI System Concern" on the basis of two institutes

Concern RTI Group Systems OJSC was created in 2000 by the financial corporation AFK Sistema on the basis of two leading Russian radio engineering institutes - RTI Group and NIIDAR - with the aim of "building a business out of the institute."

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