Tuesday, June 17, 2025
Russia’s aluminum giant Rusal may be forced to close its Kubal aluminum smelter in Sweden if the U.S. sanctions are not lifted, a Kubal representative who declined to be named told TASS news agency on Friday. The U.S. Treasury Department in April imposed sanctions against Russian billionaire Oleg Deripaska and...
The U.S. military has supplied hundreds of thousands of Soviet-style assault rifles and machine guns to allies and partners over the years and acquired some of its own for special operations and other training purposes, but it has had to largely source those weapons from friendly third-party countries that...
Mexico plans to assemble Russian helicopters, the director general of the Mexican investment and international cooperation agency Promexico, Paulo Carreno, confirmed on Tuesday, according to RIA news agency. "Soon Mexico can start assembling Russian helicopters here," Carreno said during the visit of a Russian business mission to Mexico organized by...
Egypt’s Assistant Transport Minister Amr Shaat has suggested that Russian-Hungarian consortium Transmashholding-Hungary, a Russian-Hungarian building consortium, should construct of a railcar manufacturing plant in Egypt, according to Sputnik news agency. In late September, the consortium and Egyptian National Railways (ENR) won a state tender and signed a five-year contract on the delivery of...
French oil and lubricants giant Total has inaugurated its new state-of-the-art blending plant, located in Russia’s Kaluga region of the Russian Federation, Prime news agency reported. The grand opening ceremony on Monday was attended by Anatoly Artamonov, Governor of the Kaluga Region, and Patrick Pouyanné, Chairman and CEO of Total. According to...
Japan’s Suntory intends to resume the production of its brand of soda Orangina in Russia after the company terminated the license agreement with the Moscow brewing company that produced the drink and is looking for a new partner, RBC reports. Representatives of the Japanese Suntory Holdings came to Russia...
The Moscow Exchange will begin trading of deliverable gold futures on its Derivatives Market. The new contract will link Moscow Exchange’s Precious Metals and Derivatives markets as gold will be delivered via the Precious Metals Market spot section. The contract will be quoted in rubles per gram and will expire...
India will finally acquire the S-400 Triumf, the world's most lethal surface-to-air missile system, from Russia in spite of a threat of sanctions from the U.S., CNN reports. The deal was signed between Prime Minister Narendra Modi and Russian President Vladimir Putin on Friday. Putin arrived in India on...
South Africa-based mining equipment supplier Weba Chute Systems has appointed Russian polyurethane producer Somex as its licensee in Russia, the company said on Tuesday. Weba Chute’s managing director Mark Baller says the selection of Somex as its partner in Russia is in line with the company’s long-term goal of...
As the number of internet users in Russia continues to grow, the trend is driving the country’s used car market forward, according to a report by Ken Research. The report explains that used cars in Russia are mostly sold through online platforms which directly connects customer to customer, meaning that...