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Power Machines demands 7.5 billion for gas turbine launch

19 May 2018 15:18by Редакция

Power Machines head Alexey Mordashov has requested 7.5 billion rubles from the Russian government. The funds are required to launch a Russian gas turbine.

The previous turbine was destroyed during testing.

The former head of Power Machines, Roman Filippov, is currently under investigation on charges of disclosing state secrets.

It is worth noting that the conglomerate's operations depend directly on supplies from countries that recently introduced sanctions against Russia. Without state subsidies, the company is unlikely to survive for long.

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Power Machines demands 7.5 billion for gas turbine launch

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