"We are planning to buy an initial 10% of shares," said Sergei Lykov, deputy chairman of VEB, adding that the deal could be concluded as soon as Russia creates the Development Bank after a merger between VEB, Eximbank and the Russian Bank for Development.
The new bank will become the main financial tool of state support for exports and borrowing in non-mineral sectors, with charter capital of over $2 billion, the Russian economics minister said in December last year.
Sukhoi Civil Aircraft Vice-President Maxim Grishanin said the company is holding talks with Italy's Alenia Aeronautica on the purchase of 25% plus one share in the Russian plane manufacturer.
"We hope the deal will be concluded this year," Grishanin said.
If all deals go through, the current shareholders will secure a 51% stake in the company, while Alenia Aeronautica will hold 25% plus one share and VEB will control 10%, leaving about 15% of the stake to other investors.
He also said Vnesheconombank could increase its equity in the company by buying out the remaining stock.
VEB also said Tuesday it had secured a $33.2-million loan from Deutsche Bank to finance Sukhoi's SuperJet-100 project in Russia.
The SuperJet-100 project is a family of medium-range passenger aircraft developed by Sukhoi in cooperation with Russia's Ilyushin planemaker and major American and European aviation corporations, including Boeing, Snecma, Thales, Messier Dowty, Liebherr Aerospace, and Honeywell.
Serial production of the SuperJet-100, with an average flight range of 1,750 kilometers (1,088 miles), will begin in 2008, with at least 700 aircraft expected to come off the assembly line in the coming years. Some 35% of the jets will be sold to North America, 25% to Europe, 10% to Latin America, and 7% to Russia and China.
