A Russian company, NEBO, successfully copied a U.S. inflatable antenna prototype for use in military satellite communication, after photographs of the American device was posted on the internet, Rossiyskaya Gazeta reports.
”The U.S. Department of Defense placed an order for 36 inflatable antennas and posted photos of the device on...
Russian aircraft manufacturer Ilyushin Design Bureau is in talks with Uzbekistan Airways for the purchase of IL 114-100 planes decommissioned in May this year, Uzbek news website Podrobno.uz reported.
“The Uzbekistan Airways completely stopped the operation of six IL 114-100 planes in May,” said the report. “All these planes were used...
Production at Russian miner Polymetal International’s new Kyzyl mine in Kazakhstan has started after the completion of all construction and commissioning activities, Mining Technology reports.
The first gold concentrate from Kyzyl was supposed to leave the mine next month, as per the company’s January 2018 updated plan.
The capital expenditure for...
Russia’s government-owned United Aircraft Corporation (UAC) plans to continue increasing output of not very profitable military equipment, leaving its plans for civil aircraft manufacturing very modest, Kommersant reports.
The move comes after Western sanctions against the company and Russia’s defense industry as a whole, dramatically changed UAC’s development strategy, the report...
Russia will pay compensation to Angola after the African country's first geostationary satellite Angosat-1 became inoperative, the Angolan Minister of Telecommunications and Information Technologies, Jose Carvalho da Rocha said at a press conference in Luanda on Tuesday.
According to Xinhua, the minister said that since April 23, when the satellite was declared...
Russia's federal statistics office Rosstat has significantly revised its previous industrial output data, with the growth rate increasing by a strong 1.4% year-on-year on average in the period of January 2017 and April 2018, the agency reported.
According to Lenta, the result seemed to catch many analysts by surprise.
“Revisions are normal,...
The U.S. Senate has passed a major defense bill that would block the sale of U.S. F-35 fighter jets to Turkey unless it abandons a deal to buy S-400 missile-defense systems from Russia.
The legislation, passed by 85-to-10 late on Monday, also contains a provision to block President Donald Trump's...
IKEA is ready to open up to seven small-sized shops in Russia in a matter of months in case a pilot outlet in Moscow proves successful, the Swedish company’s Deputy Director General in Russia, Gerhard Moritz has said.
On Friday, IKEA launched its first small-format shop in Russia, which is...
TV-salesmen, hoteliers and takeaway meals are already banking on a World Cup bonanza while bosses strive to avert a four-yearly wave of worker absenteeism, recent surveys reveal. As football's number one tournament kicks off in Russia, companies around the world are looking either to cash in or try and...
Shares of Russia’s steel manufacturer Evraz went up by 7.05% in London trading on Monday to $535.8 after Fitch Ratings upgraded the company’s ratings to 'BB' from 'BB-', TASS reported.
The rating agency said on Monday that the upgrade reflects Evraz's successful reduction of its net debt to $4 billion....
