VTB has opened a credit line of $98 million dollars for Sukhoi Civil Aircraft - RUSSIAN AVIATION

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VTB has opened a credit line of $98 million dollars for Sukhoi Civil Aircraft

Russian Aviaton » Thursday January 12, 2012 20:52 MSK

Sukhoi Superjet 100 | © Alexey Kondratov

VTB bank has opened a credit line of $98 million dollars (3,1 billion rubles) for Sukhoi Civil Aircraft (SCA), subsidiary of Sukhoi Company. The credit will be supplied for implementation of Sukhoi Super Jet 100 program, the bank’s press-service reports. AEX.ru

The bank director, Valery Lukyanenko, said that «VTB is intentionally supporting the initiatives of its strategic partners aimed at modernization of manufacturing and improvement of technologies. The financing of this project of SCA has a great social significance and it will help increase the competitive ability of national aircraft industry and develop the whole Russian economy».

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