Publication: Monitor Volume: 2 Issue: 88

The de Volkskrant newspaper reported May 3 that the Russian government has earmarked funds for a Russian aerospace consortium to take control of the aircraft assembly, service, and maintenance units of Fokker NV. The Dutch aircraft assembler went bankrupt March 15. A Swiss bank advising the Russian group–dubbed Russian Aircraft Manufacturing–told the newspaper that a financing package for the deal was close to being completed. (Reuter, May 3)

Daiwoo Ponders Russian Auto Ventures.