Latest News Industry
Business |  Industry |  07.06.22

Russia Changed Car Parts Supplier for LADA

Russian cars, UAZ and Lada, which, after the introduction of anti-Russian sanctions, stopped receiving an anti-lock braking system (ABS) from the ‘Bosch’ German company, will begin to receive deliveries from China.    Due to the acute shortage of automotive components, the production lines at AVTOVAZ went idle from time to time, starting at the beginning

Business |  Industry |  17.05.22

Russia First Time Showed New Domestic Aircraft Engine

The Ministry of Industry and Trade of Russia for the first time showed the Russian PD-8 aircraft engine, which will replace foreign engines on SSJ-100 and Be-200 aircraft. Work on the creation of a Russian engine with a thrust of 8 tonnes has been underway since 2019 and has been intensified taking into account the

Business |  Industry |  16.05.22

Renault Group Assets in Russia Went Under Full Russian Control

The Russian assets of the Renault Group, including the French concern’s stake in AvtoVAZ and the Moscow automobile plant of Renault Russia CJSC, are being transferred to state ownership. This was reported by the press service of the Ministry of Industry and Trade of the country.  It is reported that agreements have already been signed

Business |  Industry |  25.04.22

Russia Launched S-500 Air Defense Systems Mass Production

Serial production of the latest Russian S-500 missile defense system (“Prometheus”) has begun, as announced by the CEO of the Almaz-Antey aerospace defense concern Yan Novikov.   “Serial production of the S-500 system has been organized using the latest achievements of domestic science and technology. The combat capabilities of this system significantly exceed the capabilities of

Business |  Technology |  01.04.22

Russia Modernized Oldest Operating Power Reactor

Specialists of the Russian Research Institute of Nuclear Reactors have successfully completed a large-scale repair and modernization of the VK-50 multipurpose research reactor facility in Dimitrovgrad, Ulyanovsk region.  For the first time in the last 20 years, the installation has supplied 50 MW of electrical power to the network. VK-50 is Russia’s first and only

Business |  Industry |  31.03.22

Forbes Published Rating of Russia’s Largest Landowners

According to the Fobes rating, “Agrocomplex” named after N. I. Tkachev took the first place in the ranking of the largest landowners in Russia, as well as last year.  It is noted that the value of land owned by the largest landowners increased over the year from 617.3 billion rubles to 933 billion rubles, their

Business |  Industry |  02.03.22

AvtoVAZ Stopped Assembling LADA in Ukraine

The Russian company AvtoVAZ has stopped the production and supply of car kits for the Zaporozhye Automobile Plant (ZAZ). This was reported today, on March 2.  It is noted that the main obstacle to the further presence of Lada in the Ukrainian market may be political reasons. As of mid-2021, there were 39 LADA dealerships

Videos |  Industry |  22.02.22

AvtoVAZ Showed New Lada Vesta [Video]

AvtoVAZ has officially launched mass production of the updated Lada Vesta at the plant’s facilities in Izhevsk. Contrary to expectations, the model received the NG prefix to the name, which stands for a “new generation” title, because in AvtoVAZ itself, the new model is positioned not as restyling but as the next generation of Vesta. 

Business |  Industry |  13.12.21

Russian Restaurants to Process Waste Into Fertilizers

The Ministry of Agriculture and the Ministry of Industry and Trade of the Russian Federation will submit proposals to the government on the use of organic waste in the agro-industrial complex. This includes food from restaurants and expired products from stores to create secondary resources (fertilizers).  According to UN experts, 17 per cent of food

Business |  Industry |  03.12.21

OPEC+ Decided to Save Current Level of Oil Production Growth Rate

The OPEC+ alliance members did not change the conditions for oil production growth for January 2022, despite the decline in barrel quotations from $85 to below $70 per barrel due to the appearance of a new strain of the omicron coronavirus.  “There are a lot of uncertainties around the new COVID-19 strain, so OPEC+ will

Business |  Industry |  23.11.21

Russia to Launch World’s Heaviest Transport Helicopter Mass Production

The permission for the mass production of the world’s heaviest Mi-26T2V military transport helicopter will be obtained by the yearend, according to the CEO of the Russian Helicopters manufacturing company Andrei Boginsky.   “We are now at the final stage of getting the O1 designation for the helicopter’s baseline configuration and there are a few flights

Business |  Industry |  18.11.21

Russian Nuclear Icebreaker ‘Siberia’ Went on Sea Trials

The new universal nuclear icebreaker “Siberia” went on sea trials, according to the press service of the Baltic Shipyard in St. Petersburg where the vessel was built.   Первый серийный универсальный атомный ледокол проекта 22220 «Сибирь» покинул достроечную набережную Балтийского завода и взял курс на Финский залив, где приступит к выполнению программы заводских ходовых испытаний pic.twitter.com/oXpC4SFjjU