Russia to give 48 bln rbl guarantees to military companies in 2016

MOSCOW, Aug 19 (PRIME) -- The Russian government will grant 48 billion rubles of guarantees to the military companies, which are fulfilling a state order, in 2016, according to a ruling published at the government’s Web site for disclosure of legal information on Friday.

The guarantees will be granted against loans raised by the Khrunichev State Research and Production Space Center, air defense system servicing company Granit, helicopter manufacturer Rosvertol, United Aircraft Corporation, aircraft producer Irkut, and Tactical Missiles Corporation.

(63.5487 rubles – U.S. $1)

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