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Vnesheconombank to support innovation projects in aircraft construction

30-Dec-2010 8:53 AM

Russia's State Corporation Bank for Development and Foreign Economic Affairs (Vnesheconombank), the Federal State Unitary Enterprise the Zhukovsky Central Aerohydrodynamic Institute and the Russian Development Bank (OJSC) entered (28-Dec-2010) into an agreement on cooperation aiming to establish strategic partnership and promote long-term and effective cooperation between the parties in supporting innovation and modernisation projects of small and medium-sized enterprises (SMEs). The agreement’s implementation would make it possible to use the Institute’s innovation developments in the aircraft construction industry and involve SMEs in implementing promising innovation projects. [more]