The head of Rostec, Sergey Chemezov, last week asked Vladimir Putin for 300 billion rubles. Such a significant amount, according to Chemezov, is needed for the development of the United Aircraft Building Corporation (UAC), which since last year began the process of integration into Rostec. Like, give money - and fly on domestic aircraft!
First of all, as noted by Chemezov, money is necessary for the implementation of the program for the creation of medium-range civilian aircraft MS-21 and other projects. But as recently as last October, the speeches of the head of Rostec were completely different. In particular, they talked about the magical "synergistic" effect of the merger of the KLA and Rostec, about the reduction of administrative costs and - most importantly! - that the revenue of the resulting giant aviation cluster will exceed 1 trillion rubles.
Moreover, no significant financial participation of the state in KLA projects was assumed at all. The main idea was that, thanks to integration with Rostec, the KLA would be easier to attract money from private investors, including foreign ones. For example, in the case of the construction of civil aircraft, it was a joint Russian-Chinese project to create a CR929.
But it seems that optimistic plans are not destined to come true. In February of this year, Rostec tried to attract funds from Russian large banks. In particular, among possible investors were called VTB, Sberbank and VEB. However, the matter did not go further than loud statements. Bankers today already lend to the KLA, and therefore, they probably don’t want to get into investments either. Especially when you consider that there seems to be no clear plan for future expenses at Rostec.
Take at least a project to create an MS-21. At first, Rostec intended to spend no more than 30–40 billion rubles on it. But then the amount began to grow by leaps and bounds, first increasing to 125 billion, and later the Accounting Chamber found out during the audit that the MS-21 would now cost as much as 438 billion rubles. In this case, about any revolutionary advances in the creation of the liner something is not heard at all. So Rostec is left to try to bite off the budget.
First of all, as noted by Chemezov, money is necessary for the implementation of the program for the creation of medium-range civilian aircraft MS-21 and other projects. But as recently as last October, the speeches of the head of Rostec were completely different. In particular, they talked about the magical "synergistic" effect of the merger of the KLA and Rostec, about the reduction of administrative costs and - most importantly! - that the revenue of the resulting giant aviation cluster will exceed 1 trillion rubles.
Moreover, no significant financial participation of the state in KLA projects was assumed at all. The main idea was that, thanks to integration with Rostec, the KLA would be easier to attract money from private investors, including foreign ones. For example, in the case of the construction of civil aircraft, it was a joint Russian-Chinese project to create a CR929.
But it seems that optimistic plans are not destined to come true. In February of this year, Rostec tried to attract funds from Russian large banks. In particular, among possible investors were called VTB, Sberbank and VEB. However, the matter did not go further than loud statements. Bankers today already lend to the KLA, and therefore, they probably don’t want to get into investments either. Especially when you consider that there seems to be no clear plan for future expenses at Rostec.
Take at least a project to create an MS-21. At first, Rostec intended to spend no more than 30–40 billion rubles on it. But then the amount began to grow by leaps and bounds, first increasing to 125 billion, and later the Accounting Chamber found out during the audit that the MS-21 would now cost as much as 438 billion rubles. In this case, about any revolutionary advances in the creation of the liner something is not heard at all. So Rostec is left to try to bite off the budget.
Business
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