Russian industry

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 …

Rogozin: Russia's industry needs patriots

Rogozin: Russia's industry needs patriots

Russia needs to upgrade the industry, that is, first of all, the country needs people aspiring to that goal and ready for everything to achieve it, because the industrial development will help to diversify the economy and get off the ‘oil …

Aksenov: Crimean chemical giant to expand production

Aksenov: Crimean chemical giant to expand production

The head of Crimea, Sergey Aksenov, said that the largest plant on the peninsula, ‘Titan’, owned by the Ukrainian businessman Dmitry Firtash, plans to expand its production, building a new shop by raising funds from …

Armenia plans to integrate into the EAEU services market

Armenia plans to integrate into the EAEU services market

Armenia may occupy positions in the growing market of the EAEU, the Minister of Eurasian Economic Commission Karine Minasyan stated in Yerevan today during a discussion titled 'Single services market of the EAEU. …