The missile ships Tatarstan and Dagestan and the small missile vessels Grad Sviyazsk and Veliky Ustyug will hold missile and artillery live-firing drills in the south-western part of the Caspian Sea on August 15-20, Russia’s Defense Ministry said. “The planned tactical exercise test envisages checking the Caspian flotilla’s ability to carry out operations for resolving…Details
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The Russian Natural Resources and Environment Ministry plans to auction the Erginskoye oilfield in the Khanty-Mansi Autonomous District until the end of 2016, an official said. Media reported earlier that the auction had been suspended as foreign investors had not decided on their participation in the auction. The ministry earlier offered to set a requirement…Details
The leasing company “Ilyushin Finance Co”. (IFC) has reduced the number of ordered Bombardier CS300 from 32 to 20 aircrafts. The delivery is expected in late 2018. The parties explain this adjustments differently. According to Bombardier’s opinion Russian customers consider new market’s demands, but IFC refers to the Canadian export agency, which hasn’t provided cheap…Details
The Russian Direct Investment Fund (RDIF) plans to sign a memorandum on cooperation in the agriculture sector with a Turkish company, CEO Kirill Dmitriev said. “We’re in talks with a company that is willing to jointly invest in Russia’s agricultural sector, and we’re also planning to sign a memorandum”, he said, adding that the two…Details
Russia’s Aerospace Force will soon receive new-generation air bombs equipped with proximity fuzes, CEO of Tecmash engineering group Sergei Rusakov said. The tests of the fuze that has been developed by Tecmash’s Electronic Instruments R&D Institute in Novosibirsk have passed successfully, he said. “Now the institute is preparing to launch the product into serial production.…Details
As of August 8, Russian agrarians continued harvesting grains and pulses. Agrarians harvested grain crops throughout the areas of 17.7 million ha (15.6 million ha on the same date in 2015), or 37.4% of the planned areas (47.3 million ha). The produced volumes reached 62.5 million tons of grains, with the average yield of 3.54…Details
VIM Airlines is set to add a maiden A330-200 to its fleet. Formerly in service with EVA Air it was ferried from Lourdes/Tarbes to Dublin Int’l earlier this month for painting and maintenance ahead of its delivery to Russia. The aircraft is owned and managed by SMBC Aviation Capital. VIM Airlines operational fleet currently entails…Details