Date: 5 months ago   Category: Industry

Rostec plans to finish integration of OAK in 1,5 years — Rambler News Service


Rostec plans to finish integration of "United Aircraft-building Company" (UABC) in 1,5 years. "The new structure of interaction will allow the Russian aviation industry to work in uniform logic. Completion of all procedures connected with integration is expected within 18 months" — it is said in the statement. The state company has specified that as a result of integration of OAK with the enterprises of an aviation cluster of Rostec the largest aircraft manufacturing association in Russia is created. "With arrival of OAK to Rostec we undertake the serious obligations connected with financing and successful implementation of state programs and projects in the field of aircraft industry. First of all, it is the project of the MS-21 medium-range aircraft in which we are ready to invest more than 50 billion rubles in the long term till 2025" — the head of Rostec Sergey Chemezov has told, his words are cited by the company. Earlier the President of Russia Vladimir Putin has signed the decree on transfer of 92,31% of stocks OAK to Rostec.

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