Negotiations between state officials over Ankara’s possible purchase of Russian-made Su-35 warplanes are in an advanced stage, Defense News reported this week citing Turkish officials.
President Recep Erdogan expressed interest in the jets following Turkey’s acquisition of Russian S-400 missile defense systems in July, which riled long-time NATO allies and...
Activity in Russia’s manufacturing sector contracted again in October as weaker client demand took its toll, the monthly PMI survey by IHS Markit showed on Friday.
The Markit Purchasing Managers' Index (PMI) rose to 47.2 in October from 46.3 in September, which was its lowest reading since May 2009, but...
The biggest steel plant in Nigera could be revived with Russian help after decades of inactivity, Nigeria’s mining minister has said, according to Bloomberg.
Construction of Ajaokuta Steel began in 1979 with assistance from the then-Soviet Union, but the facility never started production and has sucked up $8 billion of...
Russia and the African state of Niger have inked a contract for the supply of 12 Mi-35 attack helicopters at the Russia-Africa Summit in Sochi, Izvestia reports.
Niger's Foreign Minister Kalla Ankourao said the aircraft will be used to fight the Boko Haram terrorist organization in the country.
According to the...
Russia’s Gazprom Neft has opened an office in Singapore to oversee international sales and logistics network of its marine lubricants, Port News writes.
A newly-founded subsidiary, Gazpromneft Marine Lubricants, will focus on markets in Southeast Asia and Europe, the company said.
“We are planning a significant increase in the production and...
Russian steel giant Severstal has announced strong operational results for the third quarter of this year, showing steadily good steel sales against the backdrop of a good product mix and geographic sales structure, S&P Global Platts reports.
Hot metal output increased 7% quarter-on-quarter (qoq) to 2.46 million tons (Q2 2019:...
Starting from next April, ferrous and non-ferrous scrap exports from Russia will be allowed only for traders who buy the scrap through an exchange, S&P Global Platts reported.
The country will not renew its ferrous scrap export quota, a spokesman for the deputy prime minister told the news outlet...
A Russian chemist and entrepreneur who reportedly supplied a key component for amphetamine production throughout Europe has landed new gigs as a research CEO and journal editor in Israel, Kommersant wrote in a recent report on Pavel Kudryavtsev’s family.
The chemist and his relatives are known for significantly improving the...
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...
Russia’s Federal Customs Service said on Tuesday that exports of cars from the country from January to August this year increased by 27.8% compared to the same period in 2018 to 73,400 cars, Prime news agency reports.
Exports of trucks remained almost at the same level and amounted to 8,400...
