production in Russia

Russia and Azerbaijan to produce cars together

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.

LG may move Russian production to Uzbekistan or Kazakhstan

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

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

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 …