Friday, July 30, 2021
According to General Director Sergey Kogogin, Kamaz anticipates the worldwide crisis in the electrical components business to last until 2023. "The problem cannot be rectified until the end of 2022," he added, referring to chip supply issues. Previously, Kogogin stated that the availability of components, particularly car chips, remains an issue...
The Aurora-CoV trademark will be used to market the Epivakkorona-N coronavirus vaccine, which is presently in clinical testing. This is noted in a joint statement released by Rospatent and Rospotrebnadzor's State Scientific Center for Virology and Biotechnology Vector, TASS reports. The Aurora-CoV trademark has been registered by Rospatent. According to...
Within five years, AvtoVAZ aims to introduce new Lada models, with their support, bringing the brand to a higher price category "far more than a million rubles," according to Nicolas Maure, the company's president. Mauve said that the company will begin the cycle of upgrading the model range in 2023...
Hungary and Russia have been negotiating the production of Sputnik V and other Russian coronavirus vaccines at an upcoming plant for vaccines in Hungary, Reuters reported citing Foreign Minister Peter Szijjarto. According to Szijjarto, who posted his statement on his Facebook page, both countries are looking at the possibility to produce vaccines...
According to Kalashnikov Group CEO Dmitry Tarasov, the Russian National Guard has placed into operation the new Lebedev modular pistol, which was built by the Kalashnikov Group (part of the Rostec state-owned engineering company). The Kalashnikov company told TASS two months ago that the Kalashnikov design and technical parts of...
Tesla CEO Elon Musk said on Friday that the company was close to building a foothold in Russia and was considering opening factories there, Reuters reports. Tesla CEO Elon Musk, speaking via video connection to an event in Russia, said the firm already had manufacturing facilities in China and the...
The headline seasonally adjusted IHS Markit Russia Manufacturing PMI recovery slowed in March, but still registered 51.1, down slightly from 51.5 in February, but still above the 50 no-change mark, bne IntelliNews reported. “The March PMI data signaled another marginal improvement in operating conditions across the Russian manufacturing sector. The...
In March, factory activity in the euro area reached a record 24-year high, according to a business survey carried out by the research firm IHS Markit, RT reported. IHS Markit’s final Manufacturing Purchasing Managers’ Index (PMI), which is considered a good gauge of economic health, showed it had jumped to...
Russia’s manufacturing sector in February saw its fastest growth since April 2019. The expansion was underpinned by robust output and new order growth, according to survey data published by IHS Markit on Monday, RT writes. The Purchasing Managers’ Index (PMI) for the sector grew to 51.5 in February against January’s...
The IHS Markit Russia Manufacturing Purchasing Managers Index (PMI) - a composite single-figure snapshot of the performance of the country's manufacturing economy rose to 51.5 points in February 2021 from 50.9 points in January 2020, TASS reports citing IHS Markit analytical agency. "Contributing to the overall expansion was a faster...

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