Aviadvigatel can be traced back to the engine design and manufacturing factory (Plant No.19) founded in Perm Krai, Russian Soviet Republic, on 1 June 1934, to produce the Wright Cyclone-derived Shvetsov M-25.

[citation needed] Aleksandr Mikulin's and Vladimir Klimov's separate OKB design bureaus were assigned for the creation of inline engines.

During World War II the plant exceeded its original design capacity by a factor of 12, producing more than 32,000 engines for Lavochkin La-5, Sukhoi Su-2 and Tupolev Tu-2s.

The plant has consolidated its position and has become a regular partner and supplier of products for Tupolev, Ilyushin, Mikoyan, Mil, and Myasishchev.

In June 2001 Alexander A. Inozemtsev, the chief designer, became the general director of Aviadvigatel Open Joint Stock Company (OJSC).