Search This Blog

Friday, May 30, 2008

Russia's MiG aircraft maker to join UAC by yearend - official

Russia's recently incorporated MiG aircraft manufacturer may become part of the state-owned United Aircraft Corporation (UAC) by the end of 2008, the head of the company said on Thursday.

UAC was formed last year from leading domestic plane producers to streamline the country's aircraft building industry, and includes Ilyushin, Tupolev, Sukhoi, Antonov and Mikoyan, as well as companies involved in distribution.

"I think we will join UAC this year," MiG's new general director, Anatoly Belov, said in an interview with the Kommersant business daily. "We are expecting Ernst & Young to complete the audit of our corporation in June, and then the usual integration process will begin."

Read more
om

No comments:

Post a Comment

Note: only a member of this blog may post a comment.

Subscribe to: Post Comments (Atom)

Fair Use Notice

This site contains copyrighted material the use of which has not always been specifically authorized by the copyright owner.

The material is being made available in an effort to advance understanding arms trade activities, for non-profit research and educational purposes only.

I believe this constitutes a 'fair use' of any such copyrighted material as provided for in section 107 of the US Copyright Law.

If you wish to use this copyrighted material for purposes of your own that go beyond 'fair use,' you must obtain permission from the copyright owner.

This is a completely non-commercial site for private personal use. No fee is charged, and no money is made off of the operation of this site.