Latest News Industry
Business |  Industry |  13.01.23

Chinese Cars to Be Produced in Russia Under Lada Brand

The Head of AVTOVAZ, Maksim Sokolov, in a conversation with journalists, said that the production of Chinese cars under the Lada brand will be organized at the former Nissan plant in St. Petersburg. At the same time, it was previously known that companies from “friendly countries”, including China and Iran, will act as partners in

Business |  Industry |  04.01.23

Russia to Limit Disclosure of Oil Exports Information

The Federal Antimonopoly Service (FAS) of Russia has developed a draft government decree on the specifics of disclosure of information by natural monopolies providing services for the transportation of oil and petroleum products through trunk pipelines.  The FAS proposed to temporarily change the procedure and timing of disclosure of information by Transneft. According to the

Business |  Industry |  22.12.22

Russia Became One of Largest Steel Suppliers to India

In autumn, Russia became one of the largest steel suppliers to the Indian market, although exports were minimal before the sanctions and the European embargo, the Argus agency calculated, based on data from the Indian Ministry of Steel.  In November, Russian companies accounted for more than 10 per cent of Indian imports — 62.7 thousand

Business |  Industry |  21.12.22

Vladimir Putin Launched Work in Kovyktinskoye Field

Russia’s President, Vladimir Putin, launched the operation of the Kovyktinskoye field, the gas from which will flow to the Power of Siberia. According to him, the launch of the field will give a serious impetus to the development of the eastern regions of the country.  “A powerful strategically important production complex is being created in

Business |  Industry |  23.11.22

Moskvich Plant Starts Large Serial Assembly of Cars

The “Moskvich” Moscow Automobile Plant has restarted production, starting serial large-node assembly of the “Moskvich 3” crossover with a gasoline engine. The restart of the enterprise was held with the participation of Deputy Prime Minister, Head of the Ministry of Industry and Trade Denis Manturov, and Mayor of the capital Sergei Sobyanin. The first model

Business |  Technology |  18.11.22

First Test Lada Vesta NG Assembled at AvtoVAZ

A test assembly of the first Lada Vesta NG car was carried out at the first assembly line of the AvtoVAZ car manufacturer. This was announced on Friday, November 18, by the company’s press service.  It is clarified that the correctness of the transferred equipment, technologies, as well as the readiness of the necessary processes

Business |  Industry |  02.11.22

Russia Increased Production of These Items 200 Times

For two consecutive quarters of the year, the volume of industrial production in Russia is falling, according to the Federal Statistics Service (Rosstat). However, the output of some goods has increased sharply against the background of sanctions and import substitution. For example, the production of domestic umbrellas in January-September soared 223 times.  It is not

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