The Russian dealer of Audi, Volkswagen Group Rus, has announced it will recall 9,469 Audi Q5 model crossovers sold in Russia from 2017, the Federal Agency for Technical Regulation and Metrology (Rosstandart) said on Friday, according to Xinhua.
"The reason for the recall of vehicles is that due to the...
Russia and Turkey are in negotiations for the delivery of Russian-made passenger aircraft, the president of Russia's United Aircraft Corporation (UAC) Yuriy Slyusar have said, according to the Daily Sabah.
The two countries are discussing issues related to the delivery of the MC-21 passenger plane and the SSJ100, a regional...
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...
In a reported breach of U.S. sanctions against Russia, Swedish bank Swedbank helped major shareholders in Russian arms manufacturer Kalashnikov send almost $1.1 million to the company’s American subsidiary, Swedish public broadcaster STV reported.
Small arms producer Kalashnikov is one of the most recognized brands of the Russian arms industry.
After Russia annexed...
Delance Limited, the controlling company of troubled Russian car dealership Rolf, plans to sell the company to a single buyer, a company’s spokesperson said on Monday, according to state-run news agency TASS.
"The decision was made to sell the whole group to a single buyer. The deal covers all group companies...
The United Arab Emirates has shown interest in the Russian Mi-38 multi-role helicopter, which was showcased last week for the first time at the Dubai Airshow, the Russian Minister of Industry and Trade Denis Manturov told TASS on Sunday.
According to Manturov, the rotorcraft has “good chances” in the UAE...
The head of state-run company Russian Helicopters (RH), Andrey Boginsky, said on Sunday that India was delaying the signing of a firm agreement for purchasing 200 helicopters despite providing all information, Reuters reports.
The company’s CEO also said it would benefit India if the planned order for over 100 rotorcraft for...
The biggest manufacturer of construction materials in Russia and Eastern Europe, Technonicol, has completed a $47.8 million investment in its factory in Scotland, a move hailed as a major vote of confidence in the Scottish manufacturing sector, The Scotsman reported.
Technonicol, which acquired the business in 2016, has doubled the...
German sportswear maker Adidas has tried to explain the latest blunder with the shirts for the Russian national soccer team, which featured an upside-down Russian flag, leading the country’s soccer association to ditch the new shirts this week.
Adidas representatives said they had intentionally designed the uniform such that the...
Russian gold producer Nordgold, which has mining operations in Africa, Eurasia and the Americas, produced 288 900 oz in the third quarter, while the average realized gold price was $1 474/oz, the company said, according to Mining.com.
Production was 27% higher year-on-year and 12% higher quarter-on-quarter.
The company attributed the higher...
