Friday, 24.05.2019
Turkey has finished its special protecting probe on steel imports from Russia, without imposing restrictions, Russia’s Industry and Trade Ministry said in a statement on Tuesday, according to Mail.ru News. Turkey is the largest export market for Russian steelmakers. "As a result of an investigation, the Turkish side made a unanimous...
Rosoboronexport, Russia’s state intermediary agency for weapons trade, has signed contracts amounting to $5.2 billion since the beginning of 2019 and exported vehicles and weapons abroad for $4.9 billion, state-run news agency TASS reported. "Just in the first four months of 2019, Rosoboronexport exported Russian weapons and military vehicles amounting...
The Russian dealer of German carmaker Mercedes-Benz will recall 1,600 S-class sedans in Russia due to problems with the driver assistance package, the country’s Federal Agency for Technical Regulation and Metrology (Rosstandart) said on Monday, according to Kommersant. The recall will cover automobiles sold from March 2017 to June 2018,...
A project for the construction of the JSC Ivanovo Polyester Complex, reportedly suspended due to lack of state guarantees to the lender, could be revived in Russia’s Republic of Bashkiria, Innovation in Textiles reports. According to the news outlet, there is a possibility that the decision will be revised...
Russian aluminum major Rusal has reduced its sales of value added products (VAP) in the first quarter by 44 percent from a year ago and by 22 percent from the last quarter of 2018, due to sanctions by the United States, Reuters reported. Rusal was added to a U.S....
About 3,700 workers in Ford plants in Russia slated for closure are fighting to get a fair payout after the U.S. carmaker decided to dramatically cut its presence in the country, the Moscow Times reports. Ivan, a 50-year-old welder, has been producing the frames of Focus and Mondeo cars at...
Over 200 different weapon systems will be showcased by Russia’s state arms export company Rosoboronexport at the FAMEX-2019 international aerospace show in Santa Lucia, Mexico this week, TASS news agency reported. The company, part of state-run hi-tech corporation Rostec, said it will demonstrate Russian defense products which have the...
Workers at a Ford factory in Russia slated for closure in June could organize a partial shutdown of production this week to protest layoffs of over 1,000 employees, a local labor union leader said Friday, according to Car.ru. Ford Sollers, the American automotive giant’s joint venture in Russia, announced late...
Korean carmaker Hyundai is among the companies that seek to snap up Ford plants slated for closure in Russia and within a month or two the fate of these facilities will have to be decided on, Russia’s Minister of Industry and Trade Denis Manturov told reporters on Friday, according...
A proposed deal between Slovenian flag carrier Adria Airways and Russian aircraft manufacturer Sukhoi Civil Aircraft Company for the purchase of 15 SSJ100 planes has fallen through, with both companies citing different reasons for the development, Rusaviainsider.com reports. The carrier, owned by Germany-based private equity firm 4K Invest, issued a...