Russian industry

Confectionery processing plant to be modernised in Dagestan

Confectionery processing plant to be modernised in Dagestan

An enterprise for the production of lollipops and sweets, located in one of the Dagestani villages, will be expanded. After the renovation work, the annual production will amount to 8,000 tons of confectionery. An …

Largest polypropylene sheet plant to be built in Ingushetia

Largest polypropylene sheet plant to be built in Ingushetia

In 2024, the largest in the North Caucasus Federal District and the second largest in Russia PP sheet production line for the local wastewater treatment plant will start operating in Ingushetia, director of production in Ingushetia Amir Esmurziev …

Russia plans to occupy 25% of global coal market by 2050

Russia plans to occupy 25% of global coal market by 2050

Russia expects to remain among the top-three coal exporters, and plans to occupy a quarter of the global market by 2050, Deputy Energy Minister and director of Russia's coal industry department Pyotr Bobylev said at a round table …

Iveco stops sales in Russia

Iveco stops sales in Russia

The Italian vehicle manufacturing company Iveco has decided to stop selling its products in Russia due to the actions of the Russian Federation in Ukraine. This was announced by Iveco CEO Gerrit Marx in an interview with Bloomberg. …

KAMAZ to invest in  Kazakhstan auto industry

KAMAZ to invest in Kazakhstan auto industry

The Government of Kazakhstan has concluded an agreement with the Russian company KAMAZ on investments in the auto industry of Kazakhstan. The corresponding deal was completed as part of a visit to Tatarstan by the Vice Prime Minister of …

Russia to send Kazakhstan 17 helicopters for assembly

Russia to send Kazakhstan 17 helicopters for assembly

Russia has signed a contract with Kazakhstan for the supply of 17 sets of Mi-8/17 helicopters for assembly, the Russian Helicopters press service said. According to the CEO of the holding, Andrey Boginsky, today, the practical …

Russia intends to build F1 race car in 10 years

Russia intends to build F1 race car in 10 years

Russia will need at least 10 years to build its own F 1 race car, Deputy Prime Minister Dmitry Kozak said today after the meeting with car-makers in Sochi. "The result of our meeting with car-makers should become a creation of the …

Russia to supply U.S. with new rocket engines

Russia to supply U.S. with new rocket engines

Russian engine maker Energomash has signed a new contract to supply four RD-181 rocket engines to U.S. aerospace firm Orbital ATK by 2021 for its Antares rocket, the Kommersant newspaper wrote on Tuesday, Reuters reports. The new …

US sanctions help Russia?

US sanctions help Russia?

Russian Energy Minister Alexander Novak, commenting on the new US sanctions against Russian citizens and companies, stressed that they are not only harmless to Russian industry but also help its development and growth.   …

Russian industrialists want strong ruble

Russian industrialists want strong ruble

Most (66%) of the Russian industry sector believes that strengthening of the ruble will have a positive impact on their work, annual study of the international consulting company Deloitte shows. According to vice-president of the …