Rolls-Royce jets into Russia

Rolls-Royce has set up a 50:50 joint-venture company with Russian aero-engine design bureau, Lyulka Saturn, to develop industrial gas turbines from military jet engines in an effort to exploit the potential of the Russian oil and gas markets. The deal has taken three years to put together.

Rolls-Royce has set up a 50:50 joint-venture company with Russian aero-engine design bureau, Lyulka Saturn, to develop industrial gas turbines from military jet engines in an effort to exploit the potential of the Russian oil and gas markets. The deal has taken three years to put together.