VLADIMIR PUTIN
ARCHIVE OF THE OFFICIAL SITE
OF THE 2008-2012 PRIME MINISTER
OF THE RUSSIAN FEDERATION
VLADIMIR PUTIN

Point of View

10 december
2009
Targeted Support for the Economy 197

"We should consider security. The programme [a Russian Railways investment programme for 2010] provides 450 million roubles for counterterror measures and 426.5 million roubles for fire prevention. Traffic safety will claim another 2.5 billion roubles. I think this proportion should be kept. At any rate, we must plan for such expenses today."

Vladimir Putin
At a meeting of the Government Presidium, Moscow, December 10, 2009
8 december
2009
Targeted Support for the Economy 197

“Quite recently we decided to contribute 4.4 billion roubles to the company's registered capital so that it could reach settlements with suppliers and solve other problems. The money has been received. Early next year, Uralvagonzavod will receive 10 billion roubles in the first quarter, also for its registered capital. This is direct aid to the company for its financial recovery and servicing its debt, which is being acquired so that the company can be modernised, even in these difficult conditions.”

Vladimir Putin
At a meeting at the Uralvagonzavod research and production company on supplying the Russian Armed Forces with modern armour and automotive equipment, Sverdlovsk Region, December 8, 2009
3 december
2009
Targeted Support for the Economy 197

"In this case, I am speaking as the company's ardent advocate. <…> We are trying to encourage innovation-based development. Engineering is the sector of the economy where innovations should be introduced. Our policy should not be to shut down all our companies and import everything from now on. Our policy should be to move our industry to a higher technologic level through evolution and not revolution. I am confident that we will be able to do that."

Vladimir Putin
At a programme “Conversation with Vladimir Putin: To Be Continued", Moscow, December 3, 2009
3 december
2009
Targeted Support for the Economy 197

"We will make a considerably larger investment - I mean the state - 50 billion roubles, and Renault has undertaken to invest the necessary amount of 300 million euros in the form of technology, in the form of equipment, and in the form of its know-how, in order for AvtoVAZ products to reach global standards in the passenger car sector. Indeed, the new platform should be able to launch an absolutely new car under the Lada brand. A considerably larger number of cars will be released under this brand."

Vladimir Putin
At a programme “Conversation with Vladimir Putin: To Be Continued", Moscow, December 3, 2009
3 december
2009
Targeted Support for the Economy 197

"And now let us move on social issues. Renault itself has good experience in reorganising its companies without mass layoffs. Small and mid-sized subsidiaries are set up around these companies that work with the head firm. People that are made redundant because of new technology go to work for these companies. Pouring in money for no particular reason and generating losses is pointless."

Vladimir Putin
At a programme “Conversation with Vladimir Putin: To Be Continued", Moscow, December 3, 2009
3 december
2009
Targeted Support for the Economy 197

"I have also recently signed documents stipulating additional support for the Sukhoi Corporation itself. As you know, we capitalised the company some time ago, and have made yet another similar decision recently. I am confident that the national aircraft industry, primarily the civilian segment, has a good future despite all problems, and that the industry will be operating to capacity in the next few years."

Vladimir Putin
At a programme “Conversation with Vladimir Putin: To Be Continued", Moscow, December 3, 2009
3 december
2009
Targeted Support for the Economy 197

"This decision has been made, and the Government's executive order on allocating an additional 17 billion roubles to the Amur Shipbuilding Plant in several instalments signed. The first 1.9 billion roubles will be allocated by late December 2009. Another 1.6 billion will be allocated next year. The enterprise will receive 3.2 billion roubles in 2011, 2012 and 2013, respectively, as well as another 3.4 billion roubles in 2014. We hope very much that the funding, as well as current efforts to place orders at the enterprise, will facilitate its recovery and stable performance."

Vladimir Putin
At a programme “Conversation with Vladimir Putin: To Be Continued”, Moscow, December 3, 2009
3 december
2009
Targeted Support for the Economy 197

"As far as the aircraft industry is concerned, we have established the sizable United Aircraft Corporation (UAC). You probably know this. Unfortunately, the UAC has inherited all problems from previous years, including massive debt. We have just adopted a decision to provide additional support to the UAC. We will allocate several billion roubles for its authorised capital and will start restructuring its debt worth another 46 billion roubles in the next few years."

Vladimir Putin
At a programme “Conversation with Vladimir Putin: To Be Continued", Moscow, December 3, 2009
17 november
2009
Targeted Support for the Economy 197

"Support must be provided primarily to well established and competitive companies as a part of anti-recessionary measures and other government support programmes. We should avoid keeping inefficient production facilities afloat at all costs. It is necessary to prevent companies in this industry from taking advantage of their position as a monopoly as early as possible. This applies mainly to production facilities that became infrastructure monopolies back in the Soviet times and then developing as integrated production facilities."

Vladimir Putin
At a meeting on developing the Russian gas and petrochemical industry, Tatarstan, November 17, 2009
25 october
2009
Targeted Support for the Economy 197

"Understand that businesspeople expect me to tell them what we are going to do in the immediate future, and I will do so. But at this point I am speaking about our development strategy. We have always behaved honestly with regard to our partners. I would like to say for everyone to hear: we will not change our strategy. Any other approach would run counter to the logic of our strategic course for rebuilding our economy and - this is also very important - would undermine Russia's reputation as a reliable partner."

Vladimir Putin
At a working visit in the Third Russian-Finnish Forestry Summit, St.Petersburg, October 25, 2009
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