Acron sold its subsidiary holding 50.5% shares in China’s Hongri-Acron, the Russian fertilizers company said. An investment and industrial company from Hong Kong acted as a buyer. “In line with Acron Group’s long-term development strategy, we decided to sell our stake in Hongri Acron plant in China and focus on further development of our Russian…
The Izhneftemash engineers developed a new sucker-rod tubing pump, to execute the contract and meet the requirements of the client and API Spec Q1 and API Spec 11€• international standards. A new design of standing valve catcher makes this tubing pump distinct from other models. Another novelty is a custom-built valve assembly with a titanium…
The financing of the Ilyushin Il-114 aircraft development program shall start in the fourth quarter of this year, Russian Deputy Industry and Trade Minister Andrei Boginsky said. “The funds will be furnished for the program in the fourth quarter of this year. The decision has been made, and a request has been submitted by the…
Russia’s International Uranium Enrichment Center and Ukraine’s Nuclear Fuel state company have signed a new contract on the deliveries of uranium raw materials from Ukraine to Russia in 2016, Enrichment Center Commercial Director Gleb Yefremov has said. Ukraine delivers its uranium to Russia for enrichment and the subsequent fabrication of nuclear fuel for its nuclear…
Analysts of Rusagrotrans CJSC increased their estimations of the general grain harvest in Russia in the current year to 115.8 million tons, as opposed to 113 million tons of the previous forecast, the Deputy Director of the strategic management department at Rusagrotrans CJSC Igor Pavensky declared. Rusagrotrans increased the forecast due to significantly improved estimations…
In the beginning of 2016/2017 MY, the export rates of Russian grains will be slightly lower compared with the same period last season, the Deputy Director of the strategic management department at Rusagrotrans CJSC Igor Pavensky has said. In July the volumes of grain exports will total nearly 2 million tons (the forecast remained unchanged),…
Revenue management systems, a Mercator Company (RMS), a global leader in revenue management solutions, has been selected by Ural Airlines, one of Russia’s fastest growing airlines, to provide state-of-the-art revenue management, inventory control, and reporting tools to the airline. Leveraging the robust capabilities of airRM, the innovative revenue management software developed by RMS, the airline…