Saturday, June 6, 2020
Advance government procurements of motor vehicles will total 33,500 units in May - July, Russian Minister of Industry and Trade Denis Manturov said on Sunday in an interview with the Rossiya-24 TV Channel. "We provisionally worked out this program related to the automotive industry support in the government. This pertains to...
The pharmaceutical company Evalar, which produced ten coronaviruses in Biysk in the Altai Territory, halted all production except the release of antiseptics, antiviral drugs, and vitamins, TASS reported. According to TASS in the Altai Territory Administration for Food, Processing, Pharmaceutical Industry, and Biotechnology, ten people were detected at the Evalara...
A gauge of Russian manufacturing slumped to the lowest level since records began in 1997 as coronavirus lockdowns across Europe choked demand. The Manufacturing Purchasing Managers’ Index fell to 31.3 in April, down from 47.5 in March, IHS Markit said on Thursday. The median estimate of eight economists surveyed...
Two of the biggest metal trade events in Russia this year, the Metallurgy Russia and Litmash Russia trade fairs, originally scheduled for 9 to 11 June 2020, will be postponed to June 2021, Foundry Planet reported. The two events have been successfully organised by Metal Expo/Russia in cooperation with Messe...
Falling demand amid the COVID-19 crisis has taken a hit on car sales in Russia, which may drop up to 50% due to the pandemic, and the risks of massive layoffs at assembly and auxiliary enterprises is growing, Nezavisimaya Gazeta writes. According to data provided by Boston Consulting Group, the...
Finnish industrial machinery company Metso has won a contract for the supply of SAG and ball mill linings for the upcoming facilities of Russian Copper Company’s (RCC) Tominsky Processing Plant, IM-Mining reports. The deal complements two earlier mill lining contracts for RCC’s Mikheevsky Processing Plant, signed in December 2019. With a...
Russian enterprises are ahead of the plan of the Ministry of Industry and Trade and are already producing over 8 million masks per day, said the head of the department Denis Manturov, as reported by RIA Novosti. "Masks alone now produce more than 8 million per day. This is already...
Russian metals and mining giant Norilsk Nickel (Nornickel) said on Thursday it had designated 10.5billion rubles ($143million) to the fight against the spread of coronavirus and to increasing protection measures for its workers, bneIntelliNews reports. “The money will be used to purchase medical equipment, medicines and personal protective gear for...
One of Russia’s leading automotive companies, Sollers Auto Group, has appointed Sergey Dianin, a veteran of the Russian vehicle leasing industry, to head the holding’s leasing subsidiary, Fleet Europe reports. “My role as CEO of Sollers Transport Solutions is to start up the business of mid- and long-term leasing of...
The two Russian plants of Croatian car parts maker AD Plastik have restarted production to meet the needs of its Russian client AvtoVAZ, the company said on Wednesday, according to SeeBiz. Earlier this month, AD Plastik, which produces plastic components for the automotive industry, announced that its Russian plants will...