SCO stands for coordination of efforts in fight against terrorist threatWorld October 29, 0:42
Russia does not plan to ratify Paris Agreement on climate earlier than 2020 — ministerRussian Politics & Diplomacy October 28, 21:48
Russian Foreign Ministry: Pictures of attacked school in Idlib are 'computer graphics'World October 28, 21:21
Kissinger becomes Russian Academy of Sciences memberWorld October 28, 21:12
Kremlin gives no comment on reports that Russian, US jets flew dangerously close in SyriaRussian Politics & Diplomacy October 28, 20:13
Two of four Soyuz crews to fly to ISS in 2017 will be smaller than usualScience & Space October 28, 20:05
Foreign Ministry: Two mortar shells fired on Russian embassy in SyriaRussian Politics & Diplomacy October 28, 19:52
Kremlin: Russia may use all available means against terrorists in AleppoRussian Politics & Diplomacy October 28, 19:26
Russian Foreign Ministry refutes reports about alleged deportation of Russians from SerbiaRussian Politics & Diplomacy October 28, 19:07
MOSCOW, August 29. /ITAR-TASS/. Russian state-owned Vnesheconombank (VEB) has purchased over 10.23 million shares of Sukhoi Company for about 25 billion rubles, VEB said in a statement Friday.
“The size of the deal is about 25 billion rubles. Sukhoi Company has consequently increased its stake in the Sukhoi Civil Aircraft company,” VEB said, adding that the deal will allow Sukhoi Civil Aircraft to produce up to 60 new SSJ-100 planes per year and it will cut the company’s debt burden.
VEB has an option of selling the shares back to UAC in 10 years.
The deal is fulfilled on President Vladimir Putin’s orders to stabilize Sukhoi Civil Aircraft’s finances, signed in July, 2013. The company’s net loss amounted to 4.5 billion rubles in 2012 and 5.8 billion rubles in January-June, 2013.