UC Rusal invests almost $182 million into research and development

In 2013, UC Rusal invested about $14 million into research and technological development. On the whole, in 2003-2013, total costs for the research and technological development projects made up about $182 million. The total economic effect from the developments exceeded $1.4 billion.

UC Rusal’s engineering and technology center, which implements such projects, takes part in state co-financing programs of the Ministry of Education and Science, noncommercial fund Skolkovo, Ministry of Industry and Trade, Ministry of Natural Resources and Ecology, and regional co-financing programs of research and development. In general, the company attracted over $9 million for co-financing of its projects in this field.