Russia to Increase Funds for State Defense Order ?

Financing of State Defense Order in 2012 can be increased up to RUR 1.769 trillions, in 2013 spendings nay grow up to RUR 2.236 trillions, and in 2014 – up to RUR 2.625 trillions, said Russian Deputy Prime Minister Sergei Ivanov.

The draft budget has been already formed; it meets parameters of federal budget and considers credit funds obtained by defense companies under governmental guarantee”, said Ivanov at the session of Military Industrial Committee. “Growth of defense spendings is quite considerable. Namely, in 2012 financing of state defense order is planned at the level of RUR 1.769 trillions, in 2013 – RUR 2.236 trillions, in 2014 – RUR 2.625 trillions”, he added.

According to Ivanov, the government’s draft resolution on State Defense Order 2012 must be submitted to approval of Prime Minister Vladimir Putin on Dec 4. As for Ivanov, it would mean that after approval of the document all contracts of 2012 could be signed in this year.

It was earlier reported that the government would appropriate RUR 1.5 trillions for defense order in 2011. Apart from Defense Ministry, FSB, and Ministry of Internal Affairs​, the state orderers of the program are EMERCOM, Federal Protection Service, Foreign Intelligence Service, Federal Drug Control Service, Federal Penal Enforcement Service, Federal Special Construction Agency, and Rosatom State Nuclear Energy Corporation.

(1.76900 trillion Russian rubles = 56.494784 billion U.S. dollars)

Shipbuilding Tribune Staff, November 28, 2011;


Share this article

Follow World Maritime News

Posted on November 28, 2011

In Depth>


<< Oct 2015 >>
28 29 30 1 2 3 4
5 6 7 8 9 10 11
12 13 14 15 16 17 18
19 20 21 22 23 24 25
26 27 28 29 30 31 1

Canada LNG Export Conference and Exhibition 2016

Following the tremendous success of DMG’s 3rd Annual Canada LNG Export Conference & Exhibition, those fundamental to the development of LNG…

read more >

Seatrade Offshore Marine & Workboats Middle East 2015

Middle East Workboats 2015 is firmly established as the definitive and leading industry event for the region. As a visitor you will be part…

read more >

Danish Maritime Technology Conference 7-8 October 2015

Danish Maritime Technology Conference is a summit for the maritime industry taking place during Danish Maritime Days 2015.

The conference gathers the newest, most innovative and sustainable technologies from the Danish Maritime industry.

The conference is held with support from The Danish Maritime Fond and in collaboration with members of Danish Maritime such as: MAN Diesel & Turbo, Wärtsilä Danmark, Emerson Process Management Marine Tank Management – Damcos A/S, Inrotech, VIKING Life Saving Equipment, Hempel, Alfa Laval Danmark, Force Technology and Søby Yard.

Danish Maritime Technology Conference is free of charge.

Read more about the conference here.

read more >

Marintec China 2015, Shanghai, China


Facts & Figures of Marintec China:
• The exhibition spread over 70,000 square metres in Shanghai New International Expo Centre
• Over 1,700 exhibiting companies were participating in the event
• 57,888 quality trade visitors from 88 countries/regions
• 16 national & regional pavilions from Austria, China, Denmark, Finland, France, Germany, Hong Kong SAR, Japan, Korea, the Netherlands, Norway, Singapore, Sweden, Taiwan region, the United States and the United Kingdom were organised

About Marintec China

Marintec China 2015 will be held on 1-4 December 2015 in Shanghai. With increasing worldwide recognition and reputation throughout the past three decades, the exhibition is attracting an increasing number of high-profile exhibitors and visitors from around the world.

Regarded as the only gateway to the Asian maritime market, Marinetech China has become larger than ever! Being the most recognized maritime trade show in Asia, Marintec China is definitely an international marketplace for buyers to source from international sellers showcasing their latest marine, ship design, offshore engineering and port technology.

Over the years, Marintec China has grown to reflect the size and importance of the Asian maritime market. Marintec China 2013 has broken all the previous records attracting more than 1,700 exhibiting companies from 32 countries /regions and 16 group pavilions, making it the most international and authorised industry event in Asia. Taking place once every two years, Marintec China 2015 edition is a unique opportunity for suppliers to connect with new customers and re-connect with existing contacts from the region, and final one to present new products and services to the trade visitors and experts from all parts of the world.

Visit Marintec China 2015 website for more details

read more >