Thursday, December 12, 2019
Turkey is not willing to sacrifice its security and drop its plans to purchase and operate Russia’s S-400 anti-missile system, despite the threat of U.S. sanctions, Yunus Emre, a member of the Turkish Grand National Assembly’s Committee on Foreign Affairs, told Izvestia. The lawmaker noted that Turkey could not sacrifice...
Russia’s first domestically made electric car Zetta (Zero Emission Terra Transport Asset) will be launched in 2020 as its certification is in the final stages, the Minister of Industry and Trade Denis Manturov has said, according to Regnum news agency. Zetta, made by the Russian Engineering and Manufacturing Company, will be the...
The Russian dealer of Audi, Volkswagen Group Rus, has announced it will recall 9,469 Audi Q5 model crossovers sold in Russia from 2017, the Federal Agency for Technical Regulation and Metrology (Rosstandart) said on Friday, according to Xinhua. "The reason for the recall of vehicles is that due to the...
Russia and Turkey are in negotiations for the delivery of Russian-made passenger aircraft, the president of Russia's United Aircraft Corporation (UAC) Yuriy Slyusar have said, according to the Daily Sabah. The two countries are discussing issues related to the delivery of the MC-21 passenger plane and the SSJ100, a regional...
Swedish retailer IKEA is going to open several thousand pickup points in Russia in the midterm, the head of the company’s customer order support Norbert Stepnowski told TASS on Wednesday. "We intend to develop a network of pickup points and we want to go in to thousands in medium term. We have...
In a reported breach of U.S. sanctions against Russia, Swedish bank Swedbank helped major shareholders in Russian arms manufacturer Kalashnikov send almost $1.1 million to the company’s American subsidiary, Swedish public broadcaster STV reported. Small arms producer Kalashnikov is one of the most recognized brands of the Russian arms industry. After Russia annexed...
Delance Limited, the controlling company of troubled Russian car dealership Rolf, plans to sell the company to a single buyer, a company’s spokesperson said on Monday, according to state-run news agency TASS. "The decision was made to sell the whole group to a single buyer. The deal covers all group companies...
The head of state-run company Russian Helicopters (RH), Andrey Boginsky, said on Sunday that India was delaying the signing of a firm agreement for purchasing 200 helicopters despite providing all information, Reuters reports. The company’s CEO also said it would benefit India if the planned order for over 100 rotorcraft for...
U.S. automotive giant General Motors (GM) said it has appointed Ciprian Suta as the company’s new Managing Director in Russia and the CIS (Commonwealth of Independent States), Global Fleet reports. Suta was formally appointed on October 1st. He succeeded the previous GM Russia Managing Director Hector Villarreal, who has been appointed...
A 5.2% decline in sales of new passenger cars and light commercial vehicles (LCVs) was recorded in Russia in October 2019, according to the report by the Association of European Businesses (AEB) Automobile Manufacturers Committee overseeing the industry, Izvestia reports. The Russian car market has been struggling to recover this year,...