Wednesday, April 14, 2021
Russia is unlikely to construct a new aircraft carrier in the next ten years, the scientific director of the Krylov State Scientific Research Center Valery Polovinkin has said, adding that this class of ship is unlikely to appear before 2030-2035. “The manufacturing capability of Russian plants make it possible...
Russian steel producer Evraz declared a second interim dividend after a half-year where earnings and free cash flow surged, Finam.ru reports. The FTSE 100 group increased revenue 24.2% to $6.3 billion in the first six months of the year. Revenues were up 12% from Russia to $2.3 billion, 29% in...
China sees big economic opportunities in Syria and will be Russia’s main competitor for the upcoming reconstruction of the war-torn country, Alexei Maslov, Head of the School of Oriental Studies at the Higher School of Economics, told Nezavisimaya Gazeta. According to the expert, statements on Beijing’s willingness to step up...
Cuba and Russia created in Havana the first joint venture to produce construction materials, between the two countries, Granma reported. The communist country’s official daily newspaper called the move a sign that “nothing stops the alliance” between Russia and Cuba. Teccomp Caribe S.A., formed between the Cuban trading company Siment Aut...
Russian Helicopters, a subsidiary of state-owned corporation Rostec, will cash in $120 million for the direct sale of 20 multi-purpose light Ansat aircraft to the Chinese Association of Emergency Medicine, the company told Kommersant. The company is negotiating a deal for the supply of another 50 helicopters to state and...
Works on a cutting-edge Lider-class destroyer for the Russian Navy may begin in 2020, Navy Deputy Commander-in-Chief for Armament Viktor Bursuk said on Wednesday, according to Zvezda TV. "A preliminary design has been made. Following its results, we are now making the necessary decision and work on its technical...
Russia has demanded compensation from the United States through the World trade Organization (WTO) for Washington’s decision to impose global tariffs on steel and aluminium, Reuters reported. A WTO statement, circulated at the request of Moscow, describes Donald Trump administration's decision as a "safeguard measure" that under WTO rules should...
An ongoing dispute between two Azerbaijan-born real estate tycoons could become a new source of contention in the up-and-down relations between Moscow and Berlin, the International Policy Digest writes. German-based businessman Ilgar Hajiyev alleges that his former partner, Moscow-based billionaire God Nisanov, illegally seized hundreds of millions of dollars in...
The modernization of an airport in the contested region of Crimea, which Russia annexed from Ukraine in 2014, is nearing completion, Izvestya reports. The revamped airfield can, if necessary, become a permanent base for strategic missile carriers and long-range bombers, the newspaper writes. Belbek, located close to the Black City...
The construction of a controversial waste dump that has catalyzed protests in Russia’s Arkhangelsk region for over a year is still opposed by an overwhelming majority of residents in northern Russia, an independent survey shows, according to Pravda.ru. Plans to ship over 2 million tons of garbage a year from...

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