Wednesday, June 18, 2025
Russia’s production and exports of coal in 2018 hit their highest levels since 2013, estimates by S&P Global Platts of data from Russia’s Energy Ministry show. Russian coal exports increased last year by 3.4 percent compared to 2017, to reach 191 million metric tons (mt) —the highest level since S&P Global...
American defense companies ruled the nearly $400 billion global arms sales industry in 2017, according to a new report published by the Stockholm International Peace Research Institute (SIPRI), CNBC reports. In total, sales of arms and military services by U.S. companies totaled more than $226 billion in 2017, accounting for...
Russian state development lender Vnesheconombank (VEB) has taken over Angstrem-T's semiconductors plant, the lender said on its website, after the company was hit by U.S. sanctions and crippled by debts, Reuters reports. In October, it became known that Angstrem-T had accumulated significant debts and was set to be taken over...
Washington’s sanctions against Aerocomposit (part of Russian state-run conglomerate United Aircraft Corporation) and ONPP Technologia (part of Rostec) have jeopardized the creation of what the company calls a "black wing" made of composite material for Russia’s key project in civilian aviation sector - the MC-21 jet, Kommersant reports citing...
Kreol Travel Retail, a subsidiary of Dubai-based Kreol Group, has agreed to a distribution contract with Imperial Collection OG Austria for select countries, including the Indian subcontinent and the Middle East, TRBusiness reports. Imperial is a joint venture of the Saint Petersburg-based Ladoga Group, one of the top ten...
U.S. trade restrictions against Iran may cancel Tehran’s plans to buy SukhoiSuperJet 100 airliners from Russia to boost its ageing air fleet, Defense World reported. The jets reportedly have more U.S.-made parts than are allowed for export without Washington’s approval, the report said. Russia and Iran sealed a deal for the...
GM Uzbekistan, а joint venture between U.S. automaker General Motors and local company Uzavtosanoat, continues negotiations on the creation of an assembly plant in Russia, Trend news agency reports. Jahongir Tillaev, director of sales and service for GM-Uzbekistan, was quoted as saying the move would benefit both the company and...
South Korea-based carmaker Hyundai Motor Co. sees growth in the Russian auto market slowing sharply next year, the head of the company’s Russian branch said recently, according to Reuters. Automobile manufacturers have warned Russia's plan to raise value added tax (VAT) in 2019 would hit car sales, which...
Coal production in Russia in 2018 increased by 5.9% year-on-year to 433.4 million tons, according to the Central Dispatching Department of Fuel Energy Complex (CDU TEK). Coal exports rose by 2.6% to 191 million tons in the reporting period, Newsnn.ru reported citing official data. Deliveries of Russian coal to the domestic market rose...
Players in the Russian market began negotiations over January shipments of suspension polyvinyl chloride (SPVC) early this week, with producers announcing an increase in prices for supplies to the domestic market, according to a price report by ICIS-MRC. SPVC prices in the Russian market are seen to have reached their...