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30-Dec-2010 8:53 AM

Vnesheconombank to support innovation projects in aircraft construction

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]