Russia’s government is offering Ukraine the opportunity to create a joint venture to develop products supporting Russia’s Global Navigation Satellite System (GLONASS).
Alexander Gurko, the CEO of Russia’s Navigation and Information Systems (NIS), which is the federal operator of GLONASS reportedly made the offer this week.
GLONASS is Russia’s alternative to the US Global Positioning System (GPS) and the EU’s future Galileo positioning system.
“We offer our partners cooperation in all areas, including joint development of products, systems for Ukraine, Russia, as well as for export to other countries,” Gurko said at a Russian–Ukrainian economic forum attended by Russian and Ukrainian presidents Dmitry Medvedev and Viktor Yanukovich.
How well do you really know your competitors?
Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.
Thank you!
Your download email will arrive shortly
Not ready to buy yet? Download a free sample
We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form
By GlobalData