Support The Moscow Times!

Siemens Gets Skolkovo Grant

The Skolkovo Fund investment committee approved a 20 million euro ($27.2 million) grant to Siemens Research Center, the committee said Thursday.

Total investment will be about 60 million euros, with the remainder coming from Siemens. The center will employ about 150 people by 2015, with the support of Siemens and the Skolkovo clinical center.

The Siemens Research Center was established in an agreement signed at this year's St. Petersburg International Economic Forum. Siemens is also providing transportation between downtown Moscow and Skolkovo and organizing the public transportation system within the innovation city. It also supports the project through construction, information technology, telecommunications and medical equipment.

(MT)

… we have a small favor to ask. As you may have heard, The Moscow Times, an independent news source for over 30 years, has been unjustly branded as a "foreign agent" by the Russian government. This blatant attempt to silence our voice is a direct assault on the integrity of journalism and the values we hold dear.

We, the journalists of The Moscow Times, refuse to be silenced. Our commitment to providing accurate and unbiased reporting on Russia remains unshaken. But we need your help to continue our critical mission.

Your support, no matter how small, makes a world of difference. If you can, please support us monthly starting from just $2. It's quick to set up, and you can be confident that you're making a significant impact every month by supporting open, independent journalism. Thank you.

Once
Monthly
Annual
Continue
paiment methods
Not ready to support today?
Remind me later.

Read more