Sunday, June 15, 2025
GAZ, the biggest commercial vehicle manufacturer in Russia, will establish a joint venture to distribute its products in the Vietnamese market after it received good feedback at the Vietnam AutoExpo 2018 held in Hanoi last week, Vietnam News reports. The company presented a wide range of its commercial vehicles at the specialized...
A final investment decision on Sukhoi Log, one of the world's largest untapped gold deposits, is expected by 2020-2021, Russian gold miner Polyus said on Thursday, adding that capital spending on construction will begin at around the same time. In case a positive investment decision is made, production would start around 2026,...
Three U.S. mills, Nucor, US Steel and AK Steel, are objecting to a request made by Russia’s Evraz to exempt Russian steel slab imports from the United States' Section 232 tariffs, filings with the U.S. Bureau of Industry and Security (BIS) reveal. According to Platts, if successful, these objections could...
Russia’s government is considering the re-registration of Rusal company in one of the country’s offshore zones, which are to be established on the Oktyabrsky and Russky islands, a source in the financial and economic bloc of the Russian government told reporters. "In particular talks on Rusal are underway," the source...
“Burlak” - Russia’s new 6x6 all-terrain vehicle (ATV) for operation in the Far North passed trials in Chukotka, test-driver Alexander Lysenko told TASS on Thursday. The heavy-duty vehicle is expected to enter serial production this year, will be used to transport passengers and cargo, according to officials. The Burlak was developed by...
India has asked the Russian government to grant Delhi rights to mine for gold and diamonds in Russia's resource-rich Far East, Trade Minister Suresh Prabhu told Reuters on Tuesday. Prabhu last week led an Indian delegation to attend the St. Petersburg International Economic Forum. The country seeks to import gold and...
Russia’s United Aircraft Corporation (UAC) is developing а supersonic business jet intended for the world market, UAC President Yuri Slyusar told TASS news agency at the St. Petersburg International Economic Forum (SPIEF) on Thursday. "Of course," he said in reply to a question about whether the supersonic aircraft the UAC...
U.S. customers of Russian van manufacturer GAZ were given more time to wind down business with the company, the U.S. Treasury Department said, marking the latest softening of sanctions against GAZ owner Oleg Deripaska. The sanctions on GAZ are expected to affect its contracts with U.S. firm Cummins Inc. as...
Greece is ready to take part in joint ventures for the construction and servicing of Russian ships in Greek shipyards, according to Dimitrios Velanis, an advisor to the Greek Prime Minister. Velanis, who advises Prime Minister Alexis Tsipras on cooperation with Russia, spoke to RIA news agency ahead of this year’s edition of the...
Sanctions worth almost $1 billion could be the result of Russia and Japan’s retaliation against U.S. tariffs on steel and aluminum, Reuters reported on Tuesday citing documents published by the World Trade Organization. The filings from Russia and Japan, following similar documents last week by the European Union and China, notified...