ANNOUNCED AS TEMPORARYNo
As documented by the IDF press-release on 20 November 2017, the Expert Council of the Industrial Development Fund agreed to provide the loan in the amount of 738 million rubles (approximately USD 12.4 million) to the state-owned Joint Stock Company "Chernyshev Moscow machine-building enterprise". The loan is provided under the "conversion" programme.
With the help of the IDF loan, the company modernizes the existing production capacities, which will allow the two-fold volume increase of serial production of the axial compressor for the VK-2500 engine (segment 2000-2,500 hp for the Mi and Ka helicopters) in 2018.
The engines of the company are operated in 23 countries of the world.
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