Head of Russian Vneshtorgbank Suggests Wider Cooperation with EADS

Russian and European aerospace businesses could co-operate in asset swaps, joint production facilities and even the creation of a pan-European holding company, according to the head of a Russian state-owned Vneshtorgbank, which recently snapped up a 5.4 percent stake in EADS, the European defense and aerospace group.

Moscow News // Nov. 01, 2006 - 10:37 GMT