An Aircraft Repair Plant No. 405 JSC has passed examination procedure by the Helicopters of Russia joint stock company and is currently recognized as an authorized aircraft repair enterprise in Kazakhstan, according to the Defense Ministry’s Press Service. In the course of the Army 2016 international military-technical forum in Russia, leadership of the Kazakhstan’s plant…
Negotiations on setting up a Belarusian-Chinese joint venture to make tractors at premises of ZAO Amkodor Baltic in Vilnius took place on September 1-2. Director General of the Chinese company Zoomlion Wang Jinfu, Director General of the Belarusian mechanical engineering company Minsk Tractor Works (MTZ trademark) Fyodor Domotenko, Chairman of the Board of Directors of…
An out-of-court settlement of a gas price revision dispute between Poland’s oil and gas company PGNIG and Russian gas giant Gazprom is improbable, CEO Piotr Wozniak said. “Like us, Gazprom is waiting for an arbitration ruling, which will be made in July or August next year in accordance with the procedures, this is why the…
The Russian government has not made a short list of contenders in privatization of oil major Rosneft so far, Deputy Prime Minister Arkady Dvorkovich reported. “You know, there has been an order to consider all privatization issues additionally, there have been no shortlists so far”, Dvorkovich said. First Deputy Prime Minister Igor Shuvalov said earlier…
A new member has joined the liquefied natural gas (LNG) cluster – the Emerson (USA) company became the first international partner of the cluster, Klaipedos Nafta says in a press release. By attracting the international partner, Klaipedos Nafta AB aims to develop cluster competencies and promote the emergence of the small-scale LNG terminals’ management systems…
Kaliningrad region is looking into a possibility of compensating shipping costs when it comes to cargoes delivered by sea to the region from the mainland Russia and back, Vladimir Zhovtun, head of the Transport Development Department at the regional Ministry of Infrastructure Development, said. According to him, this mechanism is already applied to railway transportations…
Swedish furniture maker Ikea plans to invest 100 billion rubles in Russia over the next five to seven years, CEO of the Russian division Milen Genchev said. “This amount includes extension of the malls, construction of new stores, and also extension of a distribution center in Yesipovo”, Genchev noted. The official said that Ikea did…