Russia’s Rostec, United Aircraft Corp. merger to take 18 months

Polina Montag-Girmes October 25, 2018
The Russian government will transfer 92.31% of its shares in United Aircraft Corp. (UAC) to Rostec, according to a decree signed by President Vladimir Putin signed Oct. 24. The merger should take 18 months, according to the document. In March 2017, Rostec CEO Sergey Chemezov had said a merger...
Polina Montag-Girmes

Polina joined the Air Transport World team in 2011, covering Russian and the Commonwealth of Independent States. She studied journalism at Moscow State University and worked as a journalist for Russian business and airline publications since 2000.

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Russia’s Rostec, United Aircraft Corp. to merge
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