Don't miss

Replay


LATEST SHOWS

FOCUS

Taiwan's nuclear dumping ground

Read more

ENCORE!

Greece: Creativity in a time of crisis

Read more

BUSINESS DAILY

French growth grinds to a halt over strikes

Read more

IN THE PAPERS

Norway will 'move mountains' for Nordic neighbour Finland

Read more

IN THE PAPERS

French media ban on naming jihadists: 'Good intention, bad result'

Read more

EYE ON AFRICA

Gigantic snails are a delicacy in Ivory Coast

Read more

MEDIAWATCH

Hollande and Valls tell Trump: 'France is still France!'

Read more

THE DEBATE

It's all about Trump: How effective will the Democratic Party campaign be?

Read more

FOCUS

Indian women on frontline of battle against alcohol

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)