Far East | Industry, manufacturing | Finance, business

AAK Progress’ $265m shares announced

30 Nov '09
Primorsky-based military aircraft maker AAK Progress in the town of Arsenyev has announced plans to float $265m shares to increase its authorized capital.

Under plans, the firm will issue stock by private subscription to be bought out by its base military-industrial corporation, OPK Oboronprom.

The company’s authorized capital will reportedly increase by 20,000 times as a result of the issuance.

AAK Progress is Primorsky Region’s largest producer of military choppers; it is part of the Russian Helicopters holding.
Publish in Twitter
Write to Facebook
Google Buzz
Write to LiveJournal
Show in MM
Share MK
Find Related Content

Locations: Primorsky krai

Latest News: Far East
8 Jun '22 | Technology & innovation | Industry, manufacturing
14 Feb '22 | Technology & innovation
27 Oct '21 | Technology & innovation

Feature stories

25 May '22
From enhancing the properties of existing materials...
29 Apr '22
Scientists in St. Petersburg have come up with a new...
2 Mar '22
Scientists in Dubna have developed what they refer to...
Search (News archive - 22987)
Technology Scouting Solutions For Industry
Marchmont News

Latest News

24 Jun '22
A new device, developed by a Russian start-up and...
22 Jun '22
Russian researchers have come up with a new Si...
21 Jun '22
Engineers at Moscow-based MPEI University have...

Most read stories from last week

24 Jun '22
A new device, developed by a Russian start-up and...