Voronezh Aircraft Production Association

Voronezh Aircraft Production Association[lower-alpha 1] (VASO) is one of the largest aircraft production plants in Russia.

Voronezh aircraft production association
TypeOpen joint-stock company
IndustryAircraft
FoundedMarch 1, 1932 (1932-03-01) Voronezh, Soviet Union
Headquarters
Tsiolkovsky 27, Voronezh
,
Russia
Key people
General manager: Dmitry Prishvin
ProductsAirplanes
Revenue$114 million[1] (2017)
-$4.22 million[1] (2017)
-$25.2 million[1] (2017)
Total assets$630 million[1] (2017)
Total equity$165 million[1] (2017)
Number of employees
5,853 (June 2013)
ParentUAC[2]
Websitevaso.ru

History

Founded in 1932 in Voronezh (as Voronezh Aviation Plant, branch registry number 18). In 2007, VASO became part of the state-owned United Aircraft Corporation (UAC). Notable planes built here are the An-148, Tu-28, Tu-144, Il-86, Il-96, Il-28, ANT-25, TB-3, Il-2, Tu-16 and others.

In July 2009, UAC said it will invest 5 billion rubles ($162 mln) in the modernization of VASO's facilities. According to UAC, VASO will build 5 An-148 passenger aircraft in 2009, 18 in 2010, 36 in 2011, and 50 planes would be made annually from 2013 onwards.[3]

Between 2008 and 2015, it produced some parts for an Airbus A320 and the A380.

Currently, the aircraft plant is developing two new aircraft, Wide-body aircraft Il-96-400M and Il-112V.

Ownership structure
  • JSC “Ilyushin Interstate Aircraft-Building Company” (30,0% of the shares)
  • JSC “Ilyushin Aviation Complex” (27,1% of the shares)
  • Private shareholders (42,9% of the shares)[4]

Notes
  1. Russian: ПАО «Воронежское акционерное самолётостроительное общество», romanized: PAO «Voronežskoje akcionernoje samoljotostroiteljnoje obšcestvo»

References
  1. "Бухгалтерская отчётность". financial statement. Retrieved 24 October 2018.
  2. "Список аффилированных лиц". e-disclosure.ru. Retrieved 26 August 2017.
  3. "Russia's UAC to invest $160 mln in An-148 manufacturer". RIA Novosti. 2009-07-28. Retrieved 2009-07-28.
  4. "JSC "Voronezh Aircraft Manufacturing Company"". United Aircraft Corporation. Retrieved 2009-07-28.
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