The volume of mortgage loans which were provided in Russia in July fell by 17% YoY to 54.8 billion rubles, the United Credit Bureau said in a statement. The number of mortgage loans also fell by 17% to 34,700 and the average loan size was flat at 1.58 million rubles. (Prime/Business World Magazine)
The Russian Helicopters holding is intensively working up an issue to establish an authorized technical maintenance center in Iran with the Iran Helicopter Support and Renewal Company (IHSRC), according to the holding’s Deputy Director General Alexander Shcherbinin. “The Russian Helicopters company is discussing the potential supply of Ka-226T and Ansat light utility helicopters to Iran’s…
On August 25, Federal Government-Financed Institution “Center of Fishery Monitoring and Communications” (CFMC) of the Federal Fishery Agency in cooperation with Gonets Sattelite System OJSC, operator of State Space Corporation Roscosmos on communication systems, launched yet another vessel within the framework of the pilot development of electronic ship’s fishing log, says CFMC. The vessel will…
The Russian Aerospace Defense Forces (VKO) plans to order the new Kh-32 (also named X-32) cruise missiles to arm its Tupolev Tu-22M3 “Backfire” bombers. The VKO has successfully conducted Operational Evaluation trials of the Kh-32 air-launched stand-off cruise missile. The Kh-32 can use a combination of GLONASS and GPS and radar terrain mapping to achieve…
Agrarians of the Southern and North Caucasian Federal Districts of Russia started harvesting corn. The first results demonstrated that the average yield exceeded the last year results almost 4 times to 5.98 ton/ha, against 1.63 ton/ha on the same date in 2015, the Ministry of Agriculture declared. In particular, to date the North Caucasian District…
As of August 25, Russian agrarians continued harvesting grains and pulses. Agrarians harvested grain crops throughout the areas of 28.5 million ha (on the same date in 2015 – 24 million ha), or 60% of the planned areas (47.3 million ha). The produced volumes reached 85 million tons of grains, with the average yield of…
Russian state space corporation Roscosmos is allocating over 1.9 billion rubles ($29 million) to upgrading carrier rocket engines, rocket boosters and spacecraft, according to materials published on Russia’s official public procurement website. The contracted upgrades include replacing engine parts and materials, increasing engine reliability and reducing defects and failures during test flights. Roscosmos also plans…