The authorities allocated for engine-building of 33 billion rubles
The prime minister of the Russian Federation Dmitry Medvedev declared granting "The incorporated dvigatelestroitelny corporation" state guarantees in volume more than 33 billion roubles.
Allocation of state guarantees on the credits for ODK it was declared within meeting with Deputy Prime Ministers on Monday, August 31. Dmitry Medvedev, in particular, noted:
"One more document concerns support of the Russian aircraft industry, it is a question of the order about granting state guarantees on bonded loans of the Incorporated impellent corporation for total amount over 33 billion rubles.
The considerable part of these means, more than 6,5 billion rubles, is intended for support of works on creation of perspective aviation engines, without them development of aviation industry will be very problematic, especially taking into account that negative influence which render on the international any cooperation of the sanction.
We do not presume to lag behind to ourselves in this branch. It valid one of our priorities, that we created for many years and that at us, in general, works. Our planes should be modern, reliable. There are plans to use new engines on several updatings of the perspective MS-21 plane and in new updating of Superjet. And just it is guarantees to provide corporation obligations on earlier involved bonded loans".
The government order about granting state guarantees on the bonded loans involved by JSC Objedinennaya dvigatelestroitelnaya korporatsiya, is published on a government site.
As it is noted, state guarantees for the sum of 6,6 billion roubles were provided on a bonded loan which is involved for financing of works on creation of perspective engines for civil aviation PD-14, PD-14A, PD-14M and PD-10.
The PD-14 engine is created by draft of 14 tons for medium-range passenger aircraft MS-21-300 which is developed by PAO "Irkut Corporation.