RUSSIA: KAMAZ’S LOSS SOARED BY 11 TIMES

The largest Russian truck manufacturer, KAMAZ, recorded a sharp deterioration in financial indicators at the end of 2025. As reported by “Vedomosti”, the company’s net loss according to Russian Accounting Standards (RAS) increased by 11 times and reached 37 billion rubles. The loss from sales amounted to 22.9 billion rubles compared to a profit of…

Ukraine: Ukroboronprom begins work at World Defense Show 2026 in Riyadh

The team of JSC Ukrainian Defense Industry held a meeting with His Excellency Dr. Faleh bin Abdullah Al-Saleh Al-Sulaiman, Governor of Saudi Arabia’s General Authority for Defense Development (GADD), to discuss prospects for cooperation, production, and industrial development in the field of defense technologies. Ukroboronprom Director General Herman Smetanin posted on Telegram that the company…