Free Republic
Browse · Search
News/Activism
Topics · Post Article

Skip to comments.

Russian State Bank Buys Stake in EADS
Reuters ^ | Sep 10, 2006

Posted on 09/10/2006 9:10:38 PM PDT by anymouse

Russian state bank Vneshtorgbank (VTB) has bought around 5 percent in European aerospace and defense giant EADS (EAD.PA: Quote, Profile, Research), an EADS spokesman said on Sunday.

"VTB has informed us that it has bought a stake of 5.02 percent in EADS," said the spokesman.


TOPICS: Business/Economy; Foreign Affairs; Germany; Russia; Technical
KEYWORDS: aerospace; airbus; eads; germany; irkut; russia; space; su27
I guess the Euro-weenies aren't worried about technology transfer.
1 posted on 09/10/2006 9:10:39 PM PDT by anymouse
[ Post Reply | Private Reply | View Replies]

To: KevinDavis; Shuttle Shucker

ping


2 posted on 09/10/2006 9:11:00 PM PDT by anymouse
[ Post Reply | Private Reply | To 1 | View Replies]

To: anymouse

Which is why BAE bailed out of EADS - BAE is going to be getting stuff from Lockheed that they wouldn't get as part of EADS.


3 posted on 09/10/2006 9:12:44 PM PDT by Spktyr (Overwhelmingly superior firepower and the willingness to use it is the only proven peace solution.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: anymouse

It's about a cooperation to build some single aile Airliners.

BTW who says russian engineers couldn't contribute to the benefit of Airbus ?


4 posted on 09/11/2006 12:51:54 AM PDT by Rummenigge (there's people willing to blow out the light because it casts a shadow)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Rummenigge
BTW who says russian engineers couldn't contribute to the benefit of Airbus?

These people.

Picture shows an aerial view of the Vladivostokavia Tu-154 plane crash site, near the village of Burdakovka, 30 km away from Irkutsk, on Wednesday.

5 posted on 09/11/2006 1:06:43 AM PDT by FreedomCalls (It's the "Statue of Liberty," not the "Statue of Security.")
[ Post Reply | Private Reply | To 4 | View Replies]

To: anymouse
I guess the Euro-weenies aren't worried about technology transfer.

Well, the dangers associated with a Russian bank buying a minority stake are limited compared to outsourcing the production of the wings to Japan, aren't they?
6 posted on 09/11/2006 1:12:58 AM PDT by wolf78
[ Post Reply | Private Reply | To 1 | View Replies]

To: anymouse
I guess the Euro-weenies aren't worried about technology transfer.

It appears you are not aware that large elements of the 787 and 747 Advanced are being designed in Boeing's Moscow Design Center. Likewise, elements of the 777 were designed there.

Boeing Design Center. This facility in Moscow is devoted to designing key parts and structures of commercial airplanes.
Boeing Technical Research Center. Also in Moscow, this site works with Russia's top aerospace research institutes on aerodynamics, computational fluid dynamics, prototyping, and other technologies.
7 posted on 09/11/2006 6:44:01 AM PDT by GarySpFc (Jesus on Immigration, John 10:1)
[ Post Reply | Private Reply | To 1 | View Replies]

To: anymouse; GarySpFc

Well, EADS owns 10% of Russian biggest military aircraft producer "Irkut" (producer of SU-27).


8 posted on 09/11/2006 9:45:10 PM PDT by vertolet
[ Post Reply | Private Reply | To 1 | View Replies]

Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.

Free Republic
Browse · Search
News/Activism
Topics · Post Article

FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson