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Rostec to finance civil aviation projects

For over USD 600 million for airplanes, helicopters, engines, components and other

Novikombank, part of Russia’s State Corporation Rostec, concluded a number of agreements during the "XXIII St. Petersburg International Economic Forum" ("SPIEF-2019") to finance the holdings of the Corporation's aviation cluster, namely United Engine Corporation (UEC) and Russian Helicopters to different projects. Among key ones were the modern PD-14 and VK-2500 aircraft engines and a number of civilian h...

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