As the process of transforming Soviet-era retail stores in Russia comes to an end, most Russian cities and larger towns are now serviced by supermarkets and the companies are already starting to focus on new formats to boost sales and better meet the changing demands of the population, Intellinews...
Contracts for the construction of 12 Angara A5 heavy lift launch vehicles were signed by the Khrunichev State Research and Production Space Center, a Moscow-based company, the spacecraft maker’s Chairman of the Board of Directors Nikolai Sevastyanov said in an interview with business newspaper Kommersant.
"Currently, 12 contracts for the construction...
The most famous product for which Russia’s Kalashnikov Concern is known around the world is the AK-47 assault rifle. But now the arms maker wants to spread its wings, unveiling an electric car concept this week at an expo in Moscow that the company says will hopefully make it...
A plant in Venezuela will start producing Kalashnikov assault rifles under a Russian license next year, Alexander Mikheev, CEO of Russia's state-owned arms supplier Rosoboronexport said this week, according to Exame.
"The small arms plant will be put into operation in 2019. We are working to speed up the timing...
The Russian Ministry of Defense concluded agreements with enterprises to the tune of over 135 bln rubles ($1.98 bln), and they will be extended over the coming eight years (2018-2026), Russian media report.
During this period, the military plans to receive two Sukhoi Su-57 jet fighters, six Mikoyan-Gurevich MiG-2 fighters,...
Germany’s industrial manufacturing conglomerate Siemens has filed a writ of appeal to Russia’s Supreme Court challenging the lower court’s decision to deny its lawsuit to two subsidiaries of Russia’s state-owned corporation Rostec, Vedomosti reports.
According to the court’s register, the writ of appeal was filed by Siemens and Siemens Gas Turbines...
Russian mining and metals concern Mechel said on Wednesday its coal output in the second quarter fell 5 percent compared with the first quarter to 4.726 million tons, according to Finanz.ru.
Coking coal concentrate sales amounted to 1.911 million tonnes in the second quarter, up 19 percent quarter-on-quarter, the company’s...
Kalashnikov, the most famous arms developer in Russia, has launched a 13-foot tall walking robot that is operated by soldiers that sit inside it with the machine acting as a bulletproof military suit for them, Gizmodo reports.
Kalashnikov Group showcased the invention at the Army 2018 Fair, the International Military-Tech...
Turkey said on Tuesday it will receive the first S-400 missiles from Russia in 2019, a year earlier than previously announced, NTV reported citing Interfax news agency.
"The contract on the S-400 to Turkey is being executed within the agreed timeline," said Alexander Mikheyev, chief of Rosoboronexport, Russia's state...
A Russian company is among three foreign firms which have placed bids for a strategic partnership in RTB Bor, Serbia's only copper mine and smelter, the Economy Ministry said, according to SeeNews.
The ministry’s statement did not name the companies, but according to Russian media, the firm in question is...
