Spetstechnoexport Explained

The State Foreign Trade Enterprise "SpetsTechnoExport"
Logo Alt:SpetsTechnoExport_logo.jpg
Type:State Enterprise
Industry:Defense Industry
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Hq Location City:Kyiv
Hq Location Country:Ukraine
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Owner:Government of Ukraine
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Parent:Ukroboronprom
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State Foreign Trade Enterprise ”SpetsTechnoExport” (STE), based in Kyiv (Ukraine), is the second-largest Ukrainian state-owned foreign trade enterprise by turnover, which specializes in export and import of military and dual-purpose products and services globally, as well as on promoting innovations and military-technical cooperation.

Overview

The company was founded by the Government of Ukraine in July 1998.[1] In 2010 it was incorporated to the State Concern Ukroboronprom.[2]

The company specializes on export and import of weapons, military products and technologies as well as special purpose equipment.[3] Estimating the gross income and foreign exchange flow in the country, SpetsTechnoExport is the second largest special exporter in Ukraine.[4]

The company represents Ukrainian military manufacturers abroad (around 100 state-owned enterprises and 70 private producers). 35 research centers and design bureaus, public and private companies from more than 30 countries are among the partners of the company. The company's permanent partners are the Republic of India,[5] Algeria, Indonesia, Malaysia, Bangladesh, Poland and Turkey.

One of its most important contracts was a $400 million deal with the Indian Ministry of Defense to provide 40 Ukrainian AN-32RE aircraft. In November 2015 it handed over the final batch to Indian Air Force.[6]

New dimensions

Since 2014 the company has been supplying the spare parts to Ukrainian factories outside Ukraine. It has also been modernizing Soviet-style armored vehicles.

SpetsTechnoExport has produced Ukrainian military drones. In 2015 “SpetsTechnoExport” presented 5 domestically produced models of drones systems to the President of Ukraine - «Patriot RV010», «Observer-S», «A1 With Fury», «Columba» and «Sparrow».[7] The company also became the first to obtain the license to import US military equipment to Ukraine.

Heads

Directors of the company since 2015:

Mission

External links

Notes and References

  1. Web site: Про нас. 2021-12-06. spetstechnoexport.com. en-US.
  2. Web site: 2019-03-31. Electromagnetic Weapons Created In Ukraine - Spetstechnoexport. 2021-12-06. ukranews_com. en.
  3. Web site: Defense Express News - MODERNIZATION OF THE UKRAINIAN MILITARY AND TECHNICAL COOPERATION SYSTEM. www.defense-ua.com. 2015-12-30.
  4. Web site: SpetsTechnoExport Won the UAH 11 Million Case in Swiss Court Ilyashev & Partners. 2021-12-06. attorneys.ua. en.
  5. News: Correspondenthyderabad. Special. 2021-02-06. BDL launches new products at Aero India-2021. en-IN. The Hindu. 2021-12-06. 0971-751X.
  6. News: Ukraine delivers final batch of upgraded and overhauled An-32RE to India. 30 December 2015. SP's Aviation. 30 November 2015.
  7. Web site: September 2015 Archives Compass Blog RealClearWorld. www.realclearworld.com. 2015-12-30.