[citation needed] In 1894 the majority of its shares were sold to investors in Riga and St. Petersburg, among them local Baltic German merchants F. Meyer, K. Amelung, and Chr.

[2][3] In 1915 the Riga factory was evacuated, with the equipment being transferred to St. Petersburg, Fili (Moscow) and Tver.

[6] In early 1912 company director M. V. Shidlovsky hired 22-year-old Igor Sikorsky as the chief engineer for RBVZ's new aircraft division in St. Petersburg.

Among these were the S-5, S-7, S-9, S-10 (1913), S-11, S-12, S-16 (1915), S-20 (1916), Russky Vityaz (The Grand) (1913), a series named Il'ya Muromets starting in 1913,[7] and its planned successor, the Alexander Nevsky (1916).

[citation needed] Relatedly, in 1914, Shidlovsky was appointed commander of the newly formed EVK (Eskadra vozdushnykh korablei, Squadron of Flying Ships).

[9] After the 1917 revolution a second factory was opened in St. Petersburg, where they built armoured cars on chassis produced in Riga.

[10] The brand "Руссо-Балт" was resurrected in 2006 by a group of German and Russian investors to propose a luxury concept car, the Russo-Baltique Impression, billed as a coupé with strong hints of European styling of the early 1930s.