Tuesday, 19.02.2019
The world’s second-biggest aluminum producer, Rusal, said on Thursday that its production grew by 1.3 percent in 2018 year-on-year to 3.753 million tons, Investing.com Russia reported. In the fourth quarter of 2018, the company's aluminum production increased in comparison with the third quarter by 0.4 percent to 943,000 tons, Rusal...
The front-end engineering design of the domestic supersonic passenger jet can take anywhere from 2022 to 2026, followed by its detail design. The United Aviation Corporation (UAC) will deal with these activities, the Russian Ministry of Industry said on Thursday, according to Interfax. The terms of reference for the demonstrator...
Russia and Algeria have discussed the possibility of starting production of the Russian Lada car in that African country, Russia’s energy minister Alexander Novak, who also serves as co-chairman of the intergovernmental commission with Algeria, told reporters, according to Rossiyskaya Gazeta. "We also discussed the possibility of setting local production...
The Russian State Institute of Drugs and Good Practices, part of the Ministry of Industry and Trade, plans to inspect five British pharmaceutical manufacturers for compliance with good manufacturing practice (GMP) in 2019, the institute’s director Vladislav Shestakov has said, according to RIA. On Tuesday, the institution signed a cooperation...
U.S. carmaker Jeep is growing in Russia, although the numbers are still modest, Clubalfa.it reports. Jeep is a division of FCA US LLC (formerly Chrysler Group, LLC), a wholly owned subsidiary of the Italian-American corporation Fiat Chrysler Automobiles. Sales of all Jeep models totaled 1,773 units in 2018 in the...
Russian largest steel company Severstal increased its crude steel output by 3% in 2018 compared with 2017, to 12.04 million mt, the company said in its statement on operational results last week. Higher crude steel production was explained by better production efficiency following the launch of ladle furnace no. 2...
One of the biggest diamond miners in the world, Russia’s Alrosa and China’s Anjin Investments, have been selected by Zimbabwe’s government to partner with the state diamond company, a state-run newspaper reported on Thursday, according to Mining.com. Zimbabwe announced in December that it would allow two private companies to explore...
Russia’s leading producer of tubular products for the oil and gas industry, TMK Group, has announced its operational results for the fourth quarter and twelve months of 2018, Finam.ru reports. Total pipe shipments grew 6% year-on-year, to 4 010 000 tons (t), mainly driven by higher seamless OCTG shipments...
The world’s largest diamond company, Russia’s Alrosa, has appointed Rebecca Foerster as president of its U.S. operations, a role in which she will work on developing the miner’s polished sales in the country, the company said, according to Diamond World. Foerster, who was previously executive vice president of strategic planning...
The fleet and lease sector in Russia over the past few years has experienced exhilarating highs and depressing lows, like the Russian economy in general and the automotive industry in particular, and the stage is set for renewed growth, says Sergey Zykov, general manager at Fifth Wheel Management, in...