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 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...
Global food and drink packaging company Huhtamaki is investing around $8 million in its fiber packaging operations in Russia to facilitate further growth, the company said in a press release.
In addition to the fast-growing Russian market the operations in Ivanteevka, near Moscow, the facility also serves the neighboring countries of Belarus...
Germany’s chemical giant BASF and Russian mining conglomerate Norilsk Nickel (Nornickel) have inked a new deal for nickel and cobalt supply, Reuters reported.
The deal will see BASF build a new factory to produce battery cathode materials in Harjavalta, Finland, adjacent to a Nornickel cobalt and nickel refinery.
The deal seeks to capitalize on...
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...
Overall industrial production growth in Russia softened in 2019, but some investment-driven sectors outperformed, including those focused on agriculture, oil downstream, chemicals, construction and transportation, Dmitry Dolgin, chief economist for Russia at ING in Moscow, writes in an article for bne Intellinews.
“For 2020 we continue to expect acceleration given...
A new "kamikaze" drone called KUB-BLA was unveiled by Russia's ZALA Aero Group, a division of defense concern Kalashnikov, at the International Defense Exhibition and Conference (IDEX) in Abu Dhabi, Defense News reported.
The small UAS is designed to have a maximum speed of about 80 miles per hour, an...
Russian industrial hemp producer, Smart Hemp, wants to expand production to a dozen regions at home as demand for textiles made from the plant grows in China and elsewhere, boosting prospects for a possible future listing, its founder said.
Hemp, part of the cannabis species and in the same family...
The Toyota Motor plant in St. Petersburg on Wednesday launched production of the fifth generation of RAV 4, one of the Japanese automotive giant’s most popular models, Abnews.ru reported.
The governor of St. Petersburg Alexander Beglov, the Consul General of Japan in St. Petersburg Yasumasa Iijima, and the Executive Vice President...
Russian concern Avtomatika (part of state-run tech conglomerate Rostec) has supplied the first batch of mobile systems providing protection from unmanned aerial vehicles (UAVs) to Russian oil and gas companies, CNews.ru reports.
"Some systems of identification of and resistance to drones have been provided for the fuel and energy complex....
