Indian commercial vehicle major Ashok Leyland will enter the Russian market with a local partner in a year's time, a top company official has said, according to Outlook India. He also said the company plans to enter the top 10 global commercial vehicle manufacturer`s club soon.
"We have identified a local...
The Okhotnik (“Hunter”) heavy attack drone will become a prototype of Russia’s sixth-generation fighter jet, a defense industry source has told TASS news agency.
Although the sixth generation fighter jet project “has not yet taken full shape, its main features are already known," the source said.
"First of all, it should...
According to General Director Sergey Kogogin, Kamaz anticipates the worldwide crisis in the electrical components business to last until 2023.
"The problem cannot be rectified until the end of 2022," he added, referring to chip supply issues.
Previously, Kogogin stated that the availability of components, particularly car chips, remains an issue...
A Russian company, NEBO, successfully copied a U.S. inflatable antenna prototype for use in military satellite communication, after photographs of the American device was posted on the internet, Rossiyskaya Gazeta reports.
”The U.S. Department of Defense placed an order for 36 inflatable antennas and posted photos of the device on...
Steel volumes increased on Europe’s steel market after the United States imposed import tariffs, as some manufacturers diverted their product to the European Union, the head of Germany’s steel association said, according to Reuters.
“In the first three months (of 2018), imports from Russia rose by 139 percent from a...
A Russian company is among three foreign firms which have placed bids for a strategic partnership in RTB Bor, Serbia's only copper mine and smelter, the Economy Ministry said, according to SeeNews.
The ministry’s statement did not name the companies, but according to Russian media, the firm in question is...
As the process of transforming Soviet-era retail stores in Russia comes to an end, most Russian cities and larger towns are now serviced by supermarkets and the companies are already starting to focus on new formats to boost sales and better meet the changing demands of the population, Intellinews...
According to RIA novosti, Prime Minister Mikhail Mishustin has directed the Cabinet to draft and submit to the government papers for the imposition of temporary export tariffs on metal goods as soon as possible.
At a Cabinet of Ministers meeting on Thursday, the director of the Ministry of Economic Development,...
The State Duma will work out proposals aimed at solving the problem of rising prices for metals on the domestic market, the Chairman of the State Duma Viacheslav Volodin said.
"The State Duma will work out proposals within a week. It is unacceptable when prices for products rise unreasonably on...
Russia’s largest carmaker AvtoVAZ has delivered more than 300 of its Lada cars to Cuba, in the first shipment of Russian cars to the Latin American country in more than a decade.
A cargo vessel with 320 Lada Vesta and 24 Lada Largus Cross cars docked at the port of...
