Monday, April 29, 2024
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...
U.S. carmaker Ford Motor Co could close two plants in Russia as part of its global plan to restructure operations in unprofitable regions, Reuters reported citing three industry sources. In case the company decides to close the plants, Ford would probably produce only light commercial vehicles in Russia, two of...
One of Russia’s leading independent maintenance, repair and overhaul (MRO) providers for both Russian and foreign aircraft in Russia, Volga-Dnepr Technics Moscow, has been successfully certified for compliance with the ISO 9001-2015 international standard, Rusaviainsider.com reports. The company successfully implemented a quality management system (QMS) that has improved the...
Russian Helicopters, a subsidiary of state-run corporation Rostec, demonstrated the capabilities of its light multi-purpose Ansat helicopter equipped with the new Mku30 satellite communication system at the International Paris Air Show last month, RIA Novosti reported. “The company actively develops the introduction of modern satellite communication systems for helicopters. We...
Russia’s Irkut Corporation, the maker of the new MC-21 narrow-body passenger plane, has signed an agreement of intent for the supply of the aircraft with Russian airline Yakutia and Kazakhstan's Bek Air, RBC reported citing the general director of Irkut and the president of Sukhoi Civil Aircraft, Ravil Khakimov. According...
Negotiations between state officials over Ankara’s possible purchase of Russian-made Su-35 warplanes are in an advanced stage, Defense News reported this week citing Turkish officials. President Recep Erdogan expressed interest in the jets following Turkey’s acquisition of Russian S-400 missile defense systems in July, which riled long-time NATO allies and...
Russian President Vladimir Putin compared Russia’s renowned truck maker Kamaz with a phoenix, saying that the enterprise arose from the ashes after a troubled period in the 1990s. "I remember very well the state in which the plant was in the late 1990s and early 2000s. The fire dealt...
Manufacturing activity in Russia in March decreased at its sharpest pace since November as the coronavirus outbreak and falling client demand affected production IHS Markit’s Markit Purchasing Managers’ Index (PMI) showed on Wednesday. This marks the 11th straight monthly decline in the sector. The index measuring factory activity fell to...
The Rostselmash group, a Russian manufacturer of agricultural equipment, intends to launch the production of Versatile tractors currently assembled on the company’s site in Canada within the framework of building a new tractor plant in Rostov-on-Don, the press service of the Russian agricultural machinery producer told TASS on Monday. "The...
Russia’s RDIF sovereign wealth fund said on Monday it had reached an agreement with India’s Virchow Biotech to produce up to 200 million doses a year of the Sputnik V vaccine in India. RDIF said full-scale commercial production would start after completing the transfer of technology in the second quarter,...