Production of ships at Russia’s Far Eastern shipyard Zvezda will start this year and the pilot order will be delivered in 2019, oil major Rosneft CEO Igor Sechin said at a ceremony to launch the shipyard’s first stage. “A project to create a modern shipyard complex Zvezda, which moved under a full control of Rosneft…Details
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Russian car producer Sollers has started UAZ exports to China and Vietnam and plans to enter the market of Chile as well, CEO Vadim Shvetsov reported. Asia, Middle East and Africa are the main markets for the company’s exports, he said. “We supply some cars to Latin America. We’ve started supplies to China. The volumes…Details
Russia’s State Space Corporation, Roscosmos, has announced a tender to create space robots (Kosmorobot) that will assist cosmonauts during their extravehicular activities. The project’s contract price tag comes to 2.4 billion rubles ($36.78 million). This information has been published on the public procurement website. According to the technical design assignment, the robots will have to…Details
In June Romanian wheat exports were an absolute record for the month – 415 KMT. Previous record was set in June 2015 (86.8 KMT) and in the last 5 seasons average wheat volume exported from Romania in June was 52 KMT. High export pace in June was observed due to the high demand from Sudan,…Details
In January-June net profit of Tuapse Commercial Seaport totaled RUB 1.67 billion, up by 1.5%, YoY, the company says. The company’s revenue increased by 24.4% to RUB 3 billion. OJSC Tuapse Commercial Seaport (TCSP) is the major operator at the port of Tuapse, one of Russia’s largest ports. TCSP is part of UCL Port, a…Details
Maritime transport and tourism should be developed in the Arctic, press center of the Russian Security Council cites its Secretary Nikolai Patrushev as saying at the VI International Meeting of the Arctic Council member states, observer states and scientific community representatives. “Arctic pioneers of the present day should not only develop it for economic purposes…Details
At the beginning of last week weather conditions were favorable for completion of winter wheat harvesting in the South and South East. Crops condition is mainly good and stage of development is full ripeness. In the reporting period conditions were also favorable for growth and development of spring grain crops and grain filling, though short-term…Details