Russian mining and steel company Evraz has reached an agreement to sell its wholly-owned subsidiary Evraz Stratcor Inc., based in Arkansas, to a third party in July 2019, TASS reported citing the company’s 1H financial report released on Thursday.
"The group expects that the sale of this subsidiary will not...
Russia's Foreign Minister Sergei Lavrov on Thursday met with Zimbabwe's new President Emmerson Mnangagwa and discussed possible military co-operation as well as plans to boost economic ties, Xinhua reported.
Lavrov has been to Namibia, Angola, and Mozambique and is expected in Ethiopia Friday for talks with that country's leadership and AU...
According to the firm, Alrosa diamond manufacturer in Russia boosted its revenues 14-fold in July 2021 compared to the same month last year. According to Vedomosti, Alrosa's rough diamond sales hit $2.55 billion in the first seven months of the year, which is 2.6 times more than in the...
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,...
A surge in production of Russia’s Sputnik V coronavirus vaccine combined with domestic distrust of the jab could lead to a boom in exports, pharmaceutical executives and industry specialists in the country told The Moscow Times.
After big promises and a shaky start to production ahead of a wide-scale rollout...
Russia’s Gazprom Neft has opened an office in Singapore to oversee international sales and logistics network of its marine lubricants, Port News writes.
A newly-founded subsidiary, Gazpromneft Marine Lubricants, will focus on markets in Southeast Asia and Europe, the company said.
“We are planning a significant increase in the production and...
A draft bill allowing Russian companies to produce crops used in medicinal narcotics was approved by the Russian government on Wednesday, with officials saying this would reduce the country’s dependence on imports from states that have imposed sanctions against it, Reuters reports.
Most of the substances used by Russia in domestically...
A Russian chemist and entrepreneur who reportedly supplied a key component for amphetamine production throughout Europe has landed new gigs as a research CEO and journal editor in Israel, Kommersant wrote in a recent report on Pavel Kudryavtsev’s family.
The chemist and his relatives are known for significantly improving the...
The potential failure of the Chinese property giant Evergrande may impact Russia's stainless steel and mining businesses as a result of a decrease in demand for building raw materials, specialists told Izvestia. But for the global financial system, it won't become a "black swan," although China's economic development will...
The head of Russia’s Audit Chamber Alexey Kudrin has accused the management of the country ’s space agency, Roscosmos, of financial irregularities including "stolen" billions, RBC reports.
"We have serious problems with Roskosmos," Kudrin said in an interview for Russia 24 TV on Sunday.
"Procurement procedures are bad, prices...
