Rostec Says Close To Joint Venture With Bombardier Inc-Reuters

Wednesday, 14 Aug 2013 12:26pm EDT 

Reuters reported that Russian industrial and defence conglomerate Rostec is close to signing an agreement with Bombardier Inc to assemble the Canadian plane maker's Q400 aircraft in Russia, Rostec said. A Bombardier spokesman declined to comment on discussions the Company may be having with foreign companies, but he reiterated Bombardier's previous statement that it had no plans to move Q400 production out of Toronto. 

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