In the first half of 2019, Russian steel giant Severstal shipped 2.9 million tons of metal products to Russian builders, 16% more than in the same time last year, the company said, according to Steel Guru.
The steelmaker attributed the increase in supplies to the expansion of the geography of...
The price of gold is set to skyrocket in the next months amid an escalating U.S.-China trade war, and Russia, which has been stockpiling the precious metal, is set to profit, RFE/RL reports.
While upgrading Russia’s debt rating, credit rating agency Fitch said last week that the country “will continue...
Economic growth in Russia picked up to 0.9% in the second quarter of 2019 in year-on-year terms from 0.5% in the first three months of the year, preliminary data by the Federal Statistics Service (Rosstat) revealed on Monday, according to Reuters.
The Russian central bank said in late July it...
The biggest energy companies in Russia are interested in developing oil and gas fields in Turkmenistan, a government official has said, according to TASS.
"Interest in developing oil and gas fields in Turkmenistan was shown by Rosneft, Lukoil, and Gazprom," Sergey Prikhodko, the government’s deputy chief of staff said in...
A lack of frequencies is forcing the Russian government to go with 4.4-4.99 GHz as the key range for creating 5G networks, a frequency range unpopular in most countries except for China and Japan, Kommersant wrote. According to experts, the authorities expect the move to boost the domestic industry,...
Changan, the third-largest automobile maker in China, has abandoned car production at a plant in Lipetsk Region, Izvestia writes citing sources.
According to them, the company’s move might have been influenced by the recent litigation troubles of another Chinese car manufacturer in Russia, Great Wall Motors.
At the same time, experts...
The air will be 20% cleaner in 12 Russian industrial cities as a result of the implementation of the ecology national project. This was announced on Saturday by the Minister of Natural Resources and Ecology of the Russian Federation Dmitry Kobylkin at a meeting with participants of the North-Caucasian...
Russia’s Kalashnikov Group has presented the UV-4 electric car for the taxi market at the 7th International Eurasian Taxi Forum (MEFT) staged in Moscow, the company said on Friday, according to TASS.
"The Kalashnikov Group of Companies has presented the UV-4 electric car for the taxi transportation market. The electric...
As Russia’s state nuclear corporation Rosatom is preparing to launch the world’s first floating nuclear plant in the Arctic Ocean, activists warn that the project is risky and could turn to “Chernobyl on ice”, Euronews writes.
The ship, Akademik Lomonosov plant, is anchored in Murmansk, a Russian town only 200km...
Sheremetyevo International Airport (SVO) celebrates its 60th anniversary on Sunday. Built as the main airdrome of the Soviet Air Force, it was later transformed into a civil airport, and handled its first commercial flight – a Tupolev 104 service from Leningrad – on August 11, 1959.
Today, the airport handles...
