One of Russia’s leading automotive companies, Sollers Auto Group, has appointed Sergey Dianin, a veteran of the Russian vehicle leasing industry, to head the holding’s leasing subsidiary, Fleet Europe reports.
“My role as CEO of Sollers Transport Solutions is to start up the business of mid- and long-term leasing of...
South Korean automotive giant Hyundai has started resuming operations at its Russian plant that was closed for weeks as a precaution against the spread of the novel coronavirus, Yonhap reports.
The company restarted its assembly plant in St. Petersburg on Monday, followed by Tuesday's reboot of the factory in the Czech Republic, it...
Danish renewable energy giant Vestas has exported the first batch of turbine blades from its new manufacturing facility in Russia, Recharge News reports.
The 48 components were shipped from the plant in Ulyanovsk, jointly set up by Russian entities Rusnano and the Ulnanotech center, to Denmark.
Russia’s Deputy Prime Minister Yuri...
The two Russian plants of Croatian car parts maker AD Plastik have restarted production to meet the needs of its Russian client AvtoVAZ, the company said on Wednesday, according to SeeBiz.
Earlier this month, AD Plastik, which produces plastic components for the automotive industry, announced that its Russian plants will...
Russia’s biggest exhibition of the helicopter industry, HeliRussia, has postponed its 2020 edition slated for May until this fall due to the coronavirus pandemic, the event’s organizers said, according to Aviation Explorer.
"Considering the unfavorable epidemiological situation and the April 2, 2020 decree of the Russian president, which introduced the...
Russian carmakers are worried that prolonged suspension of production amid a mandatory shutdown until the end of April would increase their problems, TASS reports.
Kaliningrad-based Avtotor said it will extend the production break according to the government’s efforts to stop the spread of the coronavirus.
"The non-working period at Avtotor enterprises...
Manufacturing activity in Russia in March decreased at its sharpest pace since November as the coronavirus outbreak and falling client demand affected production IHS Markit’s Markit Purchasing Managers’ Index (PMI) showed on Wednesday.
This marks the 11th straight monthly decline in the sector. The index measuring factory activity fell to...
The coronavirus pandemic’s impact on Russia’s coal industry has been mixed so far and possible negative consequences for production are likely to have a delayed effect, Kommersant reports.
As of early March, coal shipments from the Kuznetsk Basin in southwestern Siberia, one of the largest coal mining areas in Russia,...
Russian steel company Severstal said on Friday one of its employees was suspected of having coronavirus after travelling from Moscow to the city of Cherepovets on a business trip with his wife.
Severstal said the employee and those he came into contact with had been isolated and that he did...
Swedish truck maker Volvo Trucks said on Thursday it will cease production in its plant in Russia’s Kaluga from April 13 to 30 due to the situation related to the coronavirus spread, Lenta.ru reports.
"Taking into consideration the adverse epidemiological situation with the novel coronavirus infection (COVID-19) spread, the need...
