VLADIMIR PUTIN
ARCHIVE OF THE OFFICIAL SITE
OF THE 2008-2012 PRIME MINISTER
OF THE RUSSIAN FEDERATION
VLADIMIR PUTIN
ARCHIVE OF THE OFFICIAL SITE
OF THE 2008-2012 PRIME MINISTER
OF THE RUSSIAN FEDERATION
VLADIMIR PUTIN
"At this stage, I think it is extremely important to create and stimulate domestic demand, an approach that involves, among other things, the Government procuring nanotechnology products for Government needs and for the needs of companies in which the Government holds stakes, such as healthcare, educational, research and housing and utilities companies. And if we are discussing the allocation of federal resources, investing in innovative technologies is certainly the best decision we could make."
"Judging by the available data, which is quite abundant, we have established a good foundation for the development of technologies connected with medicine, diagnostics equipment, environmental protection, saving energy and the production of innovative composite materials. Almost a thousand enterprises of the real sector of the economy are working in the area of nanotechnology industry."
"Let me repeat that we intend to invest in aircraft construction, and will do so, but we need real results. I would like to emphasize that the industry must function in market conditions. We realize full well that the situation is difficult, and that your rivals in the world markets are enjoying direct support from their governments. However, to start with, we should not repeat the stupid mistakes of others, and we should work effectively. And, second, we cannot resort to this practice all the time. We can work effectively in this country, and we should achieve this by all means."
"At the same time, the aviation industry is going through uneasy times, to put it mildly.<...> I mean inadequate quality of corporate management, high costs, and low economic efficiency of labour productivity. There are many examples.<...> It may seem strange, but a whole series of United Aircraft-Building Corporation (UABC) contracts for the delivery of aircraft both at home and abroad have brought only losses instead of profits.I would like to ask UABC and relevant departments to analyse this situation in detail, and to submit proposals that would prevent such setbacks in the future."
"Furthermore, aircraft construction has found itself in an extremely difficult financial predicament. Before coming here, we held two other meetings, trying to carefully analyse the financial situation. The total debt of UABC and its subsidiaries is more than 119-120 billion roubles. Moreover, there is a deficit of 64 billion, which is not guaranteed by their revenues or profits."
"At the same time, it goes without saying that in light of this force majeure, it is necessary to draft a programme for financial stabilisation, and help aircraft builders to get rid of the so-called "toxic" debts. This programme of financial recovery should be submitted to the Government during the next month, or, at most, in a month and a half."
"Now, before our meeting, record contracts were signed here at MAKS for the purchase of 48 SU-35Ss, 12 SU-27SMs, and four SU-30M2s, for the total sum of over 80 billion roubles. The aircraft will be delivered until 2015. Obviously, this will allow us to equip our Air Force with the latest technology, and to keep our aircraft companies busy, which is always important, especially during the crisis."
"I want to add that literally over the last few days, the Government has made a similar decision: 3.2 billion roubles from the state budget will be allocated for additional capitalization of the Sukhoi holding company. Today, we will also discuss the possibility - and I want to emphasize this - we will discuss the possibility of adding another 15 billion roubles to the capital of RSK Mig. We already gave 15 billion, and today we met with Mikhail Pogosyan and discussed this issue. He is in constant contact with Sberbank. We had already discussed this issue previously, when we gave 15 billion roubles, and we will discuss giving another 15 billion."
"Starting in 2004, state financing for aviation increased 20-fold, I want to emphasize this and draw your attention to this, ladies and gentlemen. Not by a percentage, but 20 times over! Just this year, taking into account anti-crisis measures, we allocated another 80 billion roubles for these purposes. The funds were spent on the purchase of Russian airplanes and subsidizing the expenses of technical upgrades for our companies. Around 35 billion roubles from the budget were allocated for increasing the authorized capital of key companies in the industry. These are the RSK Mig company, which received 15 billion roubles, the Chernyshev MMP company, which received 2.9 billion rubles, the Kazan Gorbunov Aircraft Production Association, which got 4.1 billion roubles; and Motopostroitel in Samara, which received 1.4 billion roubles. The annual allotment in authorized capital for UABC to build civilian aircraft is another 6 billion roubles."
“We have singled out development of aircraft engineering, along with the space industry, shipbuilding and nuclear energy, as key priorities in Russia’s industrial policy. Due to these specific industries, we expect a significant increase in the share of high-tech production in the Russian economy, thereby increasing the economy’s sustainability and diversifying its exports.”
