Thursday, January 23, 2020
Depressed consumer incomes will lead the Russian car market to more contraction this year, an executive of Russia’s largest carmaker Avtovaz has said, according to Rossiyskaya Gazeta. Avtovaz’s Executive Vice President of Sales and Marketing Oliver Morne said on Monday that his company estimates Russia’s total sales of passenger and...
The second Project 885-M Yasen M-class multipurpose nuclear-powered attack/cruise missile submarine was floated out at the Sevmash shipyards in Severodvinsk, RT reported late last month. A short video clip released by the Russian Ministry of Defense’s (MoD’s) Zvezda television network, shows the “Novosibirsk” lowered into the water by a submarine...
Exports of the wholly Russian-made MC-21 jetliner to Malaysia, which has signed a “soft” agreement to buy the airplane, may start in 2023, Industry and Trade minister Denis Manturov said on Monday in an interview for TV channel Rossiya-24. "Commercial deliveries will start in 2021. We will start deliveries to...
Challenging demand conditions led Russian manufacturing activity to decline in December for the eighth straight month, the Markit purchasing managers’ index (PMI) showed on Monday. The index’s headline reading rose to 47.5 from 45.6 the previous month, which was its lowest level in over a decade. Values over 50 represent expansion,...
The civil aircraft division of Russian producer Sukhoi has delivered its first Superjet 100 (SSJ-100) with the “sabrelet” winglet modification to Russian carrier Severstal-Avia, RIA Novosti reports. Sukhoi Civil Aircraft says it has obtained major change approval from air transport regulator Rosaviatsia following a series of flight tests. The aircraft (RA-89135) features a new...
A Russian version of America’s AR-15-style rifle has been created by Russian arms maker Promtekhnologiya, News.ru reported this month. The company, which produces ORSIS-brand rifles and carbines, has redid the AR-15 (known as the M16 in the U.S. military) with a 7.62-mm round used by Russian weapons such as the AK-47 rifle...
Russia’s enormous natural resources should serve as a guarantee of high-quality food production, President Vladimir Putin said on Wednesday during his annual year-end address at the country’s Federal Assembly, according to Interfax. Russia’s advantage is in its huge natural resources, the president noted, adding that these resources should be used...
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...
The Russian market is crucial for Croatian pharmaceutical company Jadran Galenski Laboratorij (JGL), as it earns 40% of its revenue in the country, the chairman of the company’s board Ivo Usmiani said during a visit by Russian Ambassador Anvar Azimov to that Rijeka-based firm, Total Croatia News reports. At the...
American carmaker General Motors has left its joint venture with Russian producer AvtoVaz, and will no longer have an assembly operation in the country, Automotive News Europe reports.  The two companies previously assembled Chevrolet-branded automobiles for the local market, but GM lost interest after the market took a turn for...