South Africa-based mining equipment supplier Weba Chute Systems has appointed Russian polyurethane producer Somex as its licensee in Russia, the company said on Tuesday.
Weba Chute’s managing director Mark Baller says the selection of Somex as its partner in Russia is in line with the company’s long-term goal of...
Russian companies are building a fleet of five LK-60 icebreakers to keep waters open for the quickly growing Russian Arctic shipping, Port News reported.
A fourth and fifth vessel of the powerful LK60 class (project 22220) are needed for support of vessels shuttling to the major coal project in Taymyr...
Turkey is not willing to sacrifice its security and drop its plans to purchase and operate Russia’s S-400 anti-missile system, despite the threat of U.S. sanctions, Yunus Emre, a member of the Turkish Grand National Assembly’s Committee on Foreign Affairs, told Izvestia.
The lawmaker noted that Turkey could not sacrifice...
The introduction of U.S. sanctions against GAZ, combined with the continued downturn in the Russian light commercial vehicle market, is forcing the Russian vehicle maker to consider introducing a four-day working week, Automotive Logistics reports.
Gaz is looking to move to a shorter working week from October 21 until April...
A decision by the U.S. Treasury Department to change its Russian sanctions program may greatly reduce the restrictions on aluminum giant Rusal, Rio Tinto Chief Executive Jean Sebastien Jacques said on Wednesday, according to Reuters.
On April 6, Washington imposed sanctions against Russian billionaire Oleg Deripaska and several companies in...
State-owned company Russian Helicopters is negotiating the delivery of 10 medium twin-turbine transport Mil Mi-171 helicopters equipped with VK-2500 Russian engines to China at the beginning of 2020, Kommersant reports.
The deal may be financed by the State Transport Leasing Company (GTLK), which the sides view as the potential leasing...
The Russian Navy will have a nuclear-powered aircraft carrier in its structure, although this will not happen in the immediate future, the commander-in-chief of the Russian Navy Nikolai Yevmenov told reporters at the St. Petersburg International Maritime Defense Show (IMDS) on Wednesday.
"There will be, of course, a nuclear-powered aircraft...
Drive Electro is going to present Russia’s first medium-duty electric truck in the autumn of 2021, based on the chassis of the Japanese vehicle Isuzu ELF. According to the company, the production of the truck will be done at Drive Electro’s plant, which will open next year.
The truck will...
Swedish retailer IKEA is going to open several thousand pickup points in Russia in the midterm, the head of the company’s customer order support Norbert Stepnowski told TASS on Wednesday.
"We intend to develop a network of pickup points and we want to go in to thousands in medium term. We have...
Russia’s government and representatives of Russian companies will discuss measures to respond to new U.S. trade tariffs on steel and aluminium in the coming days, Deputy Prime Minister Arkady Dvorkovich said on Friday, according to Reuters.
Russia said in March it will likely prepare a list of restrictions on...
