Mil Mi-38 transport helicopter modification will be created by 2018, the Russian Helicopters company said. “The technical shape of the helicopter has been approved by the Defense Ministry and the holding’s experts, and all work on additionally equipping the vehicle will be completed by 2018”, Russian Helicopters said in a statement. The firm said flight…
The Russian Finance Ministry is yet to decide on the placement of $1.25 billion more sovereign Eurobonds in 2016, Deputy Minister Sergei Storchak said. “No decision has been made”, Storchak noted. Finance Minister Anton Siluanov said that the government was considering placement of more sovereign Eurobonds because it had a budgetary gap to close after…
Serial production of the Russian Korsar (Corsair) surveillance unmanned aerial vehicles (UAVs) will start in 2017, a manufacturing firm United Instrument Manufacturing Corporation (UIMC) spokesperson reported. “Russia’s newest tactical surveillance UAVs of the Korsar tactical family will go into production in 2017”, the spokesperson said. The spokesperson added that in the long term the Korsar…
In June Russia produced 321.7 KMT of sunflower oil against 300 KMT in May and 222 KMT in June 2015. Over the whole season (September-June) sunflower oil production reached the level of 2014/2015 MY and equaled 3426 KMT. Sunflower oil has the share of 80% in the total vegoil production (4264 KMT). In June soybean…
As of September 8, Russian agrarians continued harvesting grains and pulses. Agrarians harvested grain crops throughout the general areas of 36.1 million ha (on the same date in 2015 – 30.8 million ha), or 76.3% of the planned areas (47.3 million ha). The produced volumes reached 98.6 million tons of grains, with the average yield…
Russia is currently developing a plane with a new-generation laser weapon, a source in the Russian defense and industrial sector reported. “Work on a new-generation airborne laser weapon is currently under way”, the source said. According to the source, the talk is about a plane called A-60 by open sources. Media outlets reported earlier that…
The Russian government is planning to reinstate import duties on select foreign-built passenger aircraft. Russia originally suspended duties on foreign-built 50- to 300-seater aircraft back in 2010 so as to allow Russian carriers to accelerate their fleet expansion rates. The current measure, rolled over in 2013, is due to expire on December 31, and while…