Russia: Balakin appointed Managing Director of port Posiet

Mechel says Anatoly Balakin has been appointed Managing Director of commercial port Posiet (part of Mechel Groip’s transport division administered by Mecheltrans Management Company LLC). The company says Anatoly Balakin will lead the work on further implementation of the program on retrofitting and upgrading the port facilities and adjoining infrastructure facilities so that loading/unloading complex…

Ukraine: government seeks to sell Artyomsol, Ukrspyrt and Bilshovyk R&D companies in 2017

Ukraine’s Cabinet of Ministers has expanded the list of facilities to be put up for sale in 2016-2017 after they have been removed by the Verkhovna Rada from the list of companies ineligible for privatization. The list includes Artyomsol, Ukrspyrt state-run enterprises, Bilshovyk research and development (R&D) enterprise and Lviv state-run jewelry factory. The amendments…

Russia: Micran sees no problem with US sanctions

Russian radio electronics producer Micran sees no problems in its addition to the U.S. sanction list, Director Vladimir Dotsenko said. “I don’t expect any serious difficulties. Restrictive measures have been in effect for a long time. We live under these conditions. On the other hand, we supply products mainly to the internal market, not to…

Russia: Aerospace forces to start receiving Mi-26T2 helicopters in 2018

The Russian Aerospace Forces will start receiving the upgraded Mi-26T2 heavy-lift transport helicopters in 2018, a spokesman for the manufacturing firm Russian Helicopters said. “Deliveries of Mi-26T2 to the Russian Defense Ministry are planned for 2018, but this deadline depends not only on the Russian Helicopters holding’s enterprises”, Director of Public Procurement and Military-Technical Cooperation…