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originally posted by: Velatropa24
I am dosappointed that you people turned a positive event into a thread of negativity.
originally posted by: paraphi
originally posted by: Velatropa24
I am dosappointed that you people turned a positive event into a thread of negativity.
The negative is that for Russia to actually produce anything aimed at commercial customers, it needs to sort out how to conduct business with the West and others.
Buying commercial airliners is massively expensive with long return on investment. Russia has not demonstrated that it is able to work with customers without political interference, corruption and other complications.
It's easier and less risky to buy from anyone but Russia.
Edit to add that it looks like a nice airliner, so that's a positive.
In addition, the number of Russian companies that offer bribes in exchange for contracts has fallen dramatically. Compared with last year, the figure has dropped threefold, from 24 down to 8 percent (with the global average at 11 percent).
These findings were reported by Ernst & Young, which polled representatives of 50 large Russian companies.
Similar findings were reported by PricewaterhouseCoopers, whose survey covered a larger number of companies: 120. Bribes and corruption were reported by 30 percent of those polled, marking a nearly twofold drop against 2014, when 58 percent of respondents complained of corruption.
Furthermore, the number of those who had first-hand experience of bribe extortion has halved (to 21 percent).
originally posted by: Velatropa24
Are you going to back up your rant with some facts or just display how brainwashed you are?
originally posted by: Zaphod58
a reply to: Velatropa24
In April of 2016, Russian corporate corruption dropped to being on par with Western levels. In 2015, companies offering bribes for contracts were at 24%, compared to the global average of 11%, that's down to 8% this year.
In addition, the number of Russian companies that offer bribes in exchange for contracts has fallen dramatically. Compared with last year, the figure has dropped threefold, from 24 down to 8 percent (with the global average at 11 percent).
These findings were reported by Ernst & Young, which polled representatives of 50 large Russian companies.
Similar findings were reported by PricewaterhouseCoopers, whose survey covered a larger number of companies: 120. Bribes and corruption were reported by 30 percent of those polled, marking a nearly twofold drop against 2014, when 58 percent of respondents complained of corruption.
Furthermore, the number of those who had first-hand experience of bribe extortion has halved (to 21 percent).
rbth.com...
originally posted by: paraphi
originally posted by: Velatropa24
Are you going to back up your rant with some facts or just display how brainwashed you are?
Ah, that's not very nice. I am not ranting. I think I am being factual. Please go ahead and prove me wrong.
To summarise. Russia's commercial aircraft industry is hobbled by a poor business environment. No Western company is going to risk their business by attempting to purchase these aircraft in in todays environment.
Russia's Audit Chamber has discovered $1.8 billion of financial violations in the Roscosmos space agency. According to Chamber head Tatyana Golikova, this included accounting violations, misuse of budget funds and inefficient spending on construction.
Tags
Crime, Space, Russia, Corruption, Finance
"At first I didn't believe the inspectors," Golikova said, Interfax reported.
The Audit Chamber has observed a sharp rise in violations at Roscosmos since last year, she said. "It was an absolute surprise for me. I conducted a budget inspection last year, and now in 2014, the number of violations has grown sharply."
Earlier, Russia's Deputy Prime Minister Dmitry Rogozin blamed corruption in the space industry for the recent high accident rate of Russian spacecraft. Speaking in the State Duma on Tuesday, he said Roscosmos' partner, the state company producing Proton rockets, is facing eight criminal cases.
MOSCOW, September 18 (RIA Novosti) - Criminal charges have been laid against the top management of a company accused of providing low-quality equipment for MiG-29 fighters later rejected by Algeria, Russia's business daily Kommersant said on Friday.
Musail Ismailov, chief of the Aviaremsnab company, and his deputy Alexander Kutumov are currently serving jail terms for similar offences. They were convicted for fraud in May after investigators determined the company used forged certificates and tags on old aviation equipment and sold it as new to the MiG company.
Under the $14.3 million contract, Aviaremsnab was to supply MiG with new spare parts and equipment. The company received $1.7 million in advance payments for components made in 2005-2006, but received products manufactured between 1982 and 1996, with forged certificates.
Some of the parts were to be shipped to the Polish air force, and others were to be used in the 24 MiG fighters that Algeria later refused to accept due to their "inferior quality."
The fraud, however, had been uncovered before the components were installed.
originally posted by: Velatropa24
Russian b
For example US is buying Russian rocket engines, because they are efficient, powerful, cheap and reliable.
originally posted by: paraphi
originally posted by: Velatropa24
I am dosappointed that you people turned a positive event into a thread of negativity.
The negative is that for Russia to actually produce anything aimed at commercial customers, it needs to sort out how to conduct business with the West and others.
Buying commercial airliners is massively expensive with long return on investment. Russia has not demonstrated that it is able to work with customers without political interference, corruption and other complications.
It's easier and less risky to buy from anyone but Russia.