Russia and Azerbaijan to produce cars together
The Sollers company and the AzerMash plant will launch joint production of cars. The parties signed a contract for the assembly of cars at the end of May, the launch dates were not announced.
production in Russia
Two new models of "Moskvich" to be released in 2024
In 2024, Moskvich 5 and Moskvich 8 cars will see the light. There is no detailed information about new models of Russian cars yet.
Former IKEA factories resume furniture production
Russian furniture enterprises, that previously produced IKEA furniture, are restarting production
LG may move Russian production to Uzbekistan or Kazakhstan
The South Korean company LG is considering closing a plant in the Moscow region and moving production to Uzbekistan or Kazakhstan, a source in the household appliances market told Kommersant. In Uzbekistan, the manufacturer is …
Famous Sevastopol winery to be modernized
The famous winery of sparkling wines ‘Zolotaya Balka’ in Sevastopol might be upgraded. It is reported that the Governor of Sevastopol, Sergey Menyailo, met today with the proposed SEZ participants who intend to invest in the plant. In …
Russia and Iran may start joint production of oil rigs
Iran and Moscow plan to sign a memorandum of joint production of oil rigs at the Russian industrial exhibition in Iran. The director of the Astrakhan shipyard 'Red Barricades', Alexander Ilyichev, expressed hope that "an …