Russian car producer AvtoVAZ has partially reintroduced a four-day workweek on its facilities because of a continuing decline of the car market, a spokesman for the company reported. “AvtoVAZ has again shifted to a four-day workweek. The B0 platform assembling Lada Largus, XRay and the Renault-Nissan class cars still works under a five-day schedule. The…
Manned US missions to the International Space Station (ISS) aboard the Atlas V launch system and Boeing’s newly developing capsule will be carried out using Russia’s RD-180 engines, the Energomash space and rocket engine director Igor Arbuzov said. The first unmanned test launch of the heavy-lift Atlas V vehicle with Boeing’s Crew Transportation System (CTS)…
Kazakhstan’s car market is gradually recovering after the crisis of 2014 -2016, Association of Kazakhstan Auto Business reports. The demand for new cars has increased slightly and the official dealers sold 3,356 new cars in September and 32,581 cars since the beginning of 2016, according to the association. The top 20 best sellers brands in…
The owner and president of DCH Group Oleksandr Yaroslavsky, who holds a controlling stake in Kharkiv Tractor Plant, intends to buy 29% of shares in the plant belonging to Austrian investor Siegfried Wolf, DCH has said in a press release. “DCH Group of Oleksandr Yaroslavsky officially informs about the start of the process to acquire…
The Belarusian Industry Ministry and the Chinese company Zoomlion intend to implement a number of joint projects in the area of mechanical engineering. Belarusian Industry Minister Vitaly Vovk made the statement at a press conference on October 12, as he commented on results of the recent visit of the Belarusian delegation led by the Belarus…
Belarus’ Industry Ministry and China’s Weichai Power Co. Ltd have signed a memorandum, which says that the parties plan to set up a joint venture to produce up to 20,000 diesel engines a year. The project is supposed to have two stages, Belarus’ Industry Minister Vitaly Vovk reported. In 2016-2018 the parties will set up…
The Belarusian mechanical engineering company Amkodor has plans to launch three large contracts with the Chinese corporations CITIC Group and Sinomach by the end of 2016, Igor Kayuda, Director for Innovations and Investment Projects at Amkodor, said. “We hope to start working on the implementation of the contracts in late December”, Igor Kayuda said. He…