Don't miss

Replay


LATEST SHOWS

MEDIAWATCH

A tiger in Paris

Read more

FOCUS

French women speak out about sexual harassment, but what happens next?

Read more

EYE ON AFRICA

Zimbabwe: Emmerson Mnangagwa pledges to revive failing economy

Read more

FOCUS

Video: FRANCE 24 meets foreigners fighting with Kurds in Syria

Read more

#TECH 24

Energy Observer: The world's first hydrogen-powered boat

Read more

ENCORE!

The best winter exhibitions

Read more

#THE 51%

Shortage of male heirs leads many Japanese families to adopt adult men

Read more

FASHION

Death of an icon: Remembering fashion designer Azzedine Alaïa

Read more

BUSINESS DAILY

Black Friday deals: Are they really worth it?

Read more

Business

Russia signs a massive contract with Airbus

Latest update : 2009-04-20

Airbus has signed a four billion dollar deal that makes Russia the titanium provider of the European aircraft manufacturer until 2020, according to Russia's Prime Minister Vladimir Putin.

AFP - Russia on Monday signed a contract worth four billion dollars with European aircraft manufacturer Airbus to supply the company with titanium up until 2020, an AFP correspondent reported.
  
The contract was signed in Moscow by the head of state industrial holding Russian Technologies Sergei Chemezov and Airbus chief executive Thomas Enders, in a ceremony attended by Prime Minister Vladimir Putin.
  
"We started with small steps but this is a great step forward," Enders said. "This is an important strategic deal."
  
Putin declared that the total value of the contract with Airbus was four billion dollars and said that Moscow intended to further develop its cooperation with the European aerospace group EADS, Airbus' parent firm.

Date created : 2009-04-20

COMMENT(S)