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Moscow to house nanotechnology operations

      RBC, 07.11.2008, Moscow 15:56:05.In 2009, production of unique nanomaterials for the aviation industry will be launched in Moscow, said Alexander Yuzvik, general director of the Moscow-based state-owned company Stroyexprom. The decision to set up the operations on the territory of the now closed AZLK car factory was made by the city's authorities and the Russian Corporation of Nanotechnology.

      Moscow has allotted some RUB 1.7bn (approx. USD 63.17m) from its budget to revamp the factory's facilities. According to Yuzvik, some Austrian and French companies have already been given the green light to run their operations in the area. Apart from them, a Russian firm based with the Moscow State University's chemical faculty will set up its production there as well, and Stroyexprom is in talks to attract more partners.

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