A new report says the Russian narrow body Irkut MC-21 “appears to be an excellent aircraft” that can compete with similar models from Airbus and Boeing, but sales outside Russia will be hampered by concerns over maintenance and geopolitics.
Trade turnover between Russia and the UK may reach $14 billion by the end of 2018, according to Boris Abramov, a Russian trade representative in the UK. Businesses are clearly shrugging off the singularly fraught relationship.
The volume of trade between Russia and Austria has been steadily growing, reaching $4.2 billion since January year-on-year, said Russia’s trade representative in Austria Aleksandr Potemkin.
Multisectoral blockchain company Bitfury has partnered with the Plekhanov Russian University of Economics to create an accelerator for blockchain projects, Russian crypto news outlet Forklog reports
Geropharm, one of Russia’s leading drugmakers, has officially commissioned a new plant for the production of insulin substances in St Petersburg, according to the company.
The Russian stock market demonstrates record-breaking performance in 2018 and operations in the first three quarters are almost equal to the figure for the whole last year, Managing Director of the Money and Derivatives Market at the Moscow Exchange (MOEX) Igor Marich told reporters.
Enel Russia announced today that its wholly-owned unit Enel Rus Wind Azov LLC signed the loan agreement on November 8. The funds this deal provides will be used to finance the construction of the 90-MW Azovskaya wind farm, which is expected to enter into service in late 2020.
Russia’s Lada cars, which are manufactured by AvtoVAZ, came 48th in the rankings of the best-selling brands. It has improved its performance by three positions. In the first nine months of 2018, AvtoVAZ sold almost 286,000 Lada cars, boosting sales by 21 percent
Gross domestic product expanded by 2.5 percent in October compared with a year ago, up from 1.1 percent in September, the monthly data showed.
Yaroslav Kuzminov, a dean at the Higher School of Economics (HSE), one of Russia’s most innovative universities, announced plans to move classes completely online.