The Ministry of Agriculture of Russia has made changes to the structure of its central administration unit, abolishing the agricultural and food market regulation, food and processing industry and creating two separate divisions. The Department of Agro-Industrial Market Regulation will be headed by Vladimir Volik and will focus on the strategic planning and management of…
Russia’s Yandex and Kamaz have signed a framework agreement on cooperation to adapt certain services of the Internet company to trucks, Yandex said in a statement. “In teamwork with Kamaz specialists, Yandex will work on several directions. They include adaptation of Yandex services for automobiles, taking into account specific features of trucks, implementation of voice…
The management of the Russian car seat producer AvtoVAZagregat, one of the largest suppliers to carmaker AvtoVAZ, has pledged to fully repay wage arrears by September, a spokesperson for the Samara region government reported. The company has transferred a total of 156.6 million rubles of liabilities to dismissed employees. AvtoVAZagregat has been idle since July…
Russia has increased grain output by one third, or around 30 million tons, over the last 10 years, Agriculture Minister Alexander Tkachyov said. “Grain production in Russia increased by one third over the last 10 years. In absolute figures, this is around 30 million tons, which is comparable with annual volume of Russian grain exports”,…
Modern samples of armament and military hardware of the Russian Aerospace Forces will be demonstrated during stationary exposition and dynamic programs of the International military and technical forum “Army 2016”. The Forum will take place in the Patriot park on September 6-11. Visitors of the Forum will see Su-34 multidimensional bombers, Su-35S and Su-30Sm fighters,…
In January-August the network of Russian Railways loaded 809.6 million tons, up by 168%, the company’s press center says. In the reported period the railways shipped the following goods: 214 million tons of coal (up by 3.2% YoY); 7.7 million tons of coke (+2.75%); 156.6 million tons of crude and oil products (-7.5%); 73.2 million…
Russia does not see a necessity to limit oil production at current prices, but is open for discussion, Energy Minister Alexander Novak said. “We are always open for discussion, for monitoring the situation, everything will depend on whether there is feasibility”, he said. “In my opinion, now prices are at around $50 (per barrel) –…