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VTB sponsors 2013 MAKS air show

27 August 2013

VTB sponsors 2013 MAKS air show

VTB Bank is acting as general sponsor of the MAKS 2013 International Aviation and Space Salon, which runs from 27 August to 1 September in the Moscow-region town of Zhukovsky.

The bank’s active involvement in the event reflects VTB’s dedication to supporting Russia’s aerospace industry and defence enterprises.   

Over 800 Russian and foreign companies, government officials and experts will participate in the show.

VTB Bank works with virtually all of Russia’s major companies in the sector, including United Aircraft Corporation, Sukhoi, United Engine Corporation and Russian Helicopters.

VTB has made more than RUB 120 billion of loans to aircraft manufacturers. Financing is provided for current operations, work under government and export contracts, upgrading facilities and retooling, and developing innovative products.

VTB Bank also works with aerospace companies including Information Satellite Systems — Reshetnev Company, Progress State Research and Production Space Centre (also known as TsSKB-Progress), Centre for the Operation of Ground-Based Space Infrastructure, Krasnoyarsk Engineering Plant, Berg Central Radio Engineering Research Institute, Space Monitoring Systems, Information & Control and Electromechanical Complexes (VNIIEM Corporation), Lavochkin Science & Production Association, Russian Space Systems, and Khrunichev State Research and Production Space Center.

Andrey Kostin, VTB President and Chairman of the Management Board
«For over a decade, VTB Bank has participated in organising the MAKS air show, and has acted as the general sponsor of the show on a number of occasions. This event’s importance for VTB cannot be overstated because it is here that we can demonstrate the advantages of our financial products and services to a wide range of companies.»
Andrey Kostin 
VTB President and Chairman of the Management Board

Valery Lukyanenko, member of VTB Bank Management Board
«Over the time that VTB has worked with the MAKS air show, we have significantly expanded cooperation with defence enterprises, aircraft manufacturers and the aerospace sector. This is highly beneficial for the Russian high-tech sector’s development and for the Russian Government’s space-related orders.»
Valery Lukyanenko 
member of VTB Bank Management Board

MAKS is one of the largest international aircraft events. Its chief goal is to showcase Russian high technology and to demonstrate that Russia is open to joint projects with foreign partners. The air show is organised with the support of the Russian president.

VTB Bank has been helping organise the event since 2003.

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