The Russian Direct Investment Fund (RDIF) plans to sign a memorandum on cooperation in the agriculture sector with a Turkish company, CEO Kirill Dmitriev said. “We’re in talks with a company that is willing to jointly invest in Russia’s agricultural sector, and we’re also planning to sign a memorandum”, he said, adding that the two…
Russia’s Aerospace Force will soon receive new-generation air bombs equipped with proximity fuzes, CEO of Tecmash engineering group Sergei Rusakov said. The tests of the fuze that has been developed by Tecmash’s Electronic Instruments R&D Institute in Novosibirsk have passed successfully, he said. “Now the institute is preparing to launch the product into serial production.…
As of August 8, Russian agrarians continued harvesting grains and pulses. Agrarians harvested grain crops throughout the areas of 17.7 million ha (15.6 million ha on the same date in 2015), or 37.4% of the planned areas (47.3 million ha). The produced volumes reached 62.5 million tons of grains, with the average yield of 3.54…
VIM Airlines is set to add a maiden A330-200 to its fleet. Formerly in service with EVA Air it was ferried from Lourdes/Tarbes to Dublin Int’l earlier this month for painting and maintenance ahead of its delivery to Russia. The aircraft is owned and managed by SMBC Aviation Capital. VIM Airlines operational fleet currently entails…
Russia’s Imperial Porcelain Factory (IPF) will open an outlet in Bahrain this October to reach the Middle East market, Chief Executive Officer of the company Tatiana Tylevich said. “We will sign a contract in September and our products will appear there in October. It will be an outlet in a department store in Manama”, Tylevich…
Russian Helicopters Group is planning to sign a contract with India before the yearend to overhaul three Mil Mi-26 (NATO reporting name: Halo) heavy military transport rotorcraft, Group Deputy CEO for After-Sale Maintenance Igor Chechikov said. “India is a key strategic partner for Russian Helicopters Group and a major operator of Russian-made rotorcraft”, he added.…
Federal State Statistic Service has changed its estimate of oilseeds acreage for the 2016/2017 crop. Correction was made for all oil crops to a greater or lesser degree. In this regard, production estimates were also revised. Some analysts give bold projections and work with close to record productivity, while others are more modest in their…