Rapid Trident-2016 military exercises are being held from June 27 to July 8 in the territory of Yavorov training area in Lvov region. They has been held since 2006 as part of the Partnership for Peace military cooperation program. Rapid Trident-2016 exercises are aimed at introducing and sharing best practice of the armies of advanced…
In 2016 “Kyiv Automatics Plant named after G. Petrovsky” – SE “UkrOboronProm” owns government’s stake in registered capital of the given enterprise – increased sales 2.4 times YoY. “In six months of this year the company sold products for a total of 38.6 million UAH. Last year this index amounted to 16.3 million UAH”, said…
Continuing trucks market decline in Ukraine that has almost brought domestic production to a halt affects negatively “AutoKrAZ”. The only Ukrainian manufacturer of heavy-duty trucks, Kremenchug Automobile Plant, finds it difficult to withstand crisis but progress made shows that the situation stabilizes gradually and production rate tends to increase. Within the second quarter of this…
One of the largest corporations in Japan, Mitsubishi Corporation, and NIKO Group have created a joint venture MMC Ukraine LLC (Kyiv) with 60% and 40% shares respectively. The company is a new Mitsubishi car distributor in Ukraine. MMC Ukraine has been a representative of Mitsubishi Motors Corporation in Ukraine and Moldova since May 10, 2016.…
According to the Sukhoi aircraft manufacturer, flight tests of Russia’s Sukhoi T-50 (PAK FA) fifth-generation fighter aircraft are at the final stage. “Prospective aviation complex of fifth generation (PAK FA) is at the final stage of its tests… More than 700 flights have been conducted. Which has allowed us to work out and prove sustainable…