3 ms·
Victor Vekselberg is the individual that made this happen, he's very close with the PM. He's also the head of the Renova Group who are Russian government backed
by Mandatum 10y ago
Victor Vekselberg is the individual that made this happen, he's very close with the PM. He's also the head of the Renova Group who are Russian government backed who had the power to choose the supplier. Originally the plan was to develop this in-house.. Didn't turn out too well.
Medtronic is the US company (Ireland HQ of course..) partnered with them.
Sources (conveniently removed, Google cache version): http://webcache.googleusercontent.com/search?q=cache:YVnPx9aaAdYJ:sevendaynews.com/2016/06/01/global-manufacturer-of-medical-devices-has-become-a-partner-of-vekselberg/ http://webcache.googleusercontent.com/search?q=cache:YVnPx9a...
Victor's relationship with PM: http://uk.reuters.com/article/uk-russia-vekselberg-pm-idUKKCN11Q288 http://uk.reuters.com/article/uk-russia-vekselberg-pm-idUKKC...
- googamooga 10y agoYes, originally they (Vekselberg/Medtronic) wanted to get $200M loan from a Russian state bank (VEB) to launch the production in Russia, but due to all the mess we have now instead of economy here in Russia VEB went into almost bankrupt state and their plans have never realised. Though single-source decree is still active and will be enforced on Jan 1st, 2017.