Background

IBEC supports economic cooperation between Slovakia and Russia

The International Bank for Economic Co-operation has increased funding for the Slovak technology company Incoff Aerospace. The financing is aimed at ensuring supplies of radio-electronic components to the Russian Federation for the production of satellite dishes. The agreement was signed by the Chairman of the Management Board Denis Ivanov during the visit of the IBEC delegation to Slovakia.

The Slovak company has many years of experience in cooperation in the Russian market, a stable base of partners and contractors. In September of this year, IBEC began cooperation with Incoff, securing trade contracts with one of the leading Russian innovative enterprises. The agreement signed now is related to supplies for the Russian company SATPRORUS.

The IBEC delegation also visited the production of a next generation ultralight aircraft Shark. The parties discussed the possibilities of financing technology transfer and localization of production on the territory of the Russian Federation with the participation of the International Fund for Technological Development.

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