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Ilyushin Finance Company Raises 315 Mln Roubles Credit from Sberbank

Sberbank and Ilyushin Finance Company (IFC) signed an agreement to open a credit line worth 315 mln roubles. The funds will be spent on financing the project to establish a training center for the aircraft personnel to An-148.

The simulators will be installed on the basis of the training center of S7 Training near Domodedovo International Airport.
Source:
Total cost of the An-148 training center exceeds 600 mln roubles. IFC has already invested 300 mln roubles of internal funds into the project. The credit is needed to finalize the work on An-148 simulator manufacturing. The training center will be launched in the first quarter of 2011. (USD1 = RUB30.8001)

Source: Russian Transport Daily Report
3.09.2010 00:00