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Russia eyes engines.(Brief article)

Flight International

| January 02, 2007 | COPYRIGHT 2003 Reed Business Information Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

After undertaking the consolidation of its airframe sector under the United Aircraft (OAK) umbrella, Russia has set out on a similar strategy to invigorate the country's engine-manufacturing industry. Several major financial organisations have agreed to form a non-profit partnership, which will lead the effort along the lines of the method used to set up OAK. Participants in the project include state arms trading agency Rosoboronexport, financial and industrial conglomerate AFK Sistema, run by Moscow city hall, and government-controlled foreign trade banks Vnesheconom and Vneshtorg. The partners aim to bring together leading engine manufacturers, such as NPO Saturn, Perm …

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