For the Record

Danfoss, Skolkovo Sign R&D Deal

Energy-efficient equipment maker Danfoss and the Skolkovo innovation hub have signed a deal to create a Danfoss research and development center at Skolkovo, Danfoss said in a press release. (MT)

Medvedev Sees $14Bln Spent on Science, Technology

Russia will spend some 440 billion rubles (around $14 billion) on federal programs to develop its scientific and technological complex in 2014-2020, with most of the funding coming from the federal budget, Prime Minister Dmitry Medvedev said on Thursday at a government meeting. (RIA Novosti)