Russia: Mi-38 multirole choppers catch contractors’ eye at Farnborough

Russian-made Mi-38 multirole civil helicopters attracted the attention of foreign buyers at Farnborough Airshow in the United Kingdom, the manufacturer said. Farnborough International Airshow runs in Hampshire, England from Monday through Sunday. It is expected to draw thousands of trade visitors. In 2014, it brought $204 billion worth of confirmed orders. “The Mi-38 multirole helicopter…

Russia: widebody design center project moving forward

Russia’s United Aircraft Corp. (UAC) president Yury Slusar said at the Farnborough Airshow that the design center, which was developing new Russian-Chinese widebody aircraft, might be located in Zhukovskiy, Moscow Oblast. The final assembly will be in Shanghai, China. In June UAC and Commercial Aircraft Corp. of China (COMAC) entered into a joint venture agreement…

Ukraine: gas imports from Hungary up

Ukraine has increased gas imports from Hungary by 60%, to 1.6 million cubic meters per day, according to Ukraine’s gas transmission system operator Ukrtransgaz.

Ukraine will be able to use money allocated by the European Bank for Reconstruction and Development (EBRD) to purchase gas starting from July 20. (Ukrinform/Business World Magazine)

Ukraine: UkrOboronProm provides work for 300 enterprises

SC “UkrOboronProm” encourages development of engineering industry enterprises in Ukraine. In the first half of 2016, the number of working plants in this sector increased rapidly, as the State Concern attracted 296 domestic enterprises to import substitution program fulfillment. This is the result of the Memorandums of Cooperation signed by UkrOboronProm and Regional State Administrations.…

Ukraine and Azerbaijan agree to resume Odessa-Brody pipeline project

Presidents of Azerbaijan and Ukraine Ilkham Aliyev and Pyotr Poroshenko have discussed potential resumption of works within the Odessa-Brody pipeline project, Aliyev said at a joint press conference with Poroshenko. “We’ve discussed the Odessa-Brody project and gave instructions to resume the project”, he said, adding that the project “is creating good opportunities.” The Odessa-Brody pipeline…