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...
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,...
The Russian Direct Investment Fund (RDIF) announced on Monday that it had reached an agreement with China's Hualan Biological Bacterin to produce over 100 million doses of Russia's Sputnik V vaccine against COVID-19 per year in China.
"RDIF ... and Hualan Biological Bacterin Inc. (a subsidiary company of one of...
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...
Washington’s sanctions against Aerocomposit (part of Russian state-run conglomerate United Aircraft Corporation) and ONPP Technologia (part of Rostec) have jeopardized the creation of what the company calls a "black wing" made of composite material for Russia’s key project in civilian aviation sector - the MC-21 jet, Kommersant reports citing...
Russia’s biggest lender, state-run Sberbank, is expanding its Irish aviation leasing business even as losses stack up and as the U.S. prepares new sanctions which may curtail its activities and ground Russian aircraft, The Irish Times reports.
U.S. policymakers are now threatening Sberbank and other Russian banks with further prohibitions...
Turkey’s Tersan Shipyard has signed a contract to build a new 108-meter freezer stern trawler for one of Russia's leading fishing companies. Okeanrybflot’s new vessel is slated for delivery in mid-2022 and will be the sister vessel to newbuild no. 1096 planned to be launched in June this year,...
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...
