Computer vision startup NtechLab has raised USD15 million from two international funds to develop
Rostelecom PJSC, the largest integrated provider of digital services in Russia, announced the ope
PAO Severstal, one of the world’s leading vertically integrated steel and steelmaking companies,
The Russian Ministry of Economic Development predicts a decline in coal production in 2020 by 10.
Mechel PAO, one of Russia’s leading mining and metals companies, reported on September 17, 2020 t
The revenue from sales of rough diamonds and polished diamonds totaled USD336.0 million in Septem
Russian precious metal miner Polymetal announced on October 7, 2020 it would continue its USD80 m
One of the important areas of scientific and technical activity at Magnitogorsk Iron and Steel Wo
On September 23, 2020, PJSC Polyus (PLZL) (Polyus), the largest gold producer in Russia, announce
On September 21, 2020, ALROSA commissioned a thickening complex for remediating tailings at the p
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Aviation
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In a dramatic turn of events, the Russian new car market faced a sharp decline of 62.6% in 2022, plummeting to a market value of $21.9 billion and
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The Russian automotive manufacturing industry faced a significant downturn in 2022, with market values plummeting by 52.4% to $13.1 billion and pro
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The Russian airline industry experienced a significant downturn in 2022, with a market value decrease of 56.7% to $10,547 million, attributed to th
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TSAT Rostec announced on March 4, 2024, the impending deployment of a cutting-edge domestic 3D printer designed to manufacture heat-resistant compo
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The Salyut production complex of the Rostec United Engine Corporation in Moscow is set to double its training intake in 2024, welcoming over 1,000
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The United Engine Corporation’s UEC-Saturn on February 26, 2024, initiated a new application round for the Wings of Rostec, aiming to nurture futur
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Despite Western automakers exiting Russia due to economic sanctions related to the 2022 invasion of Ukraine, a ‘parallel import’ scheme initiated b
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Mercedes-Benz Group has completed the sale of its shares in Kamaz, the leading Russian truck manufacturer based in Naberezhnye Chelny, known for pr
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Rostec’s Obninsk Research and Production Enterprise “Technology” has initiated the serial production of domestically produced cockpit glazing for t
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In a significant shift in the automotive market, Chinese brands emerged as leaders in new car sales in Russia throughout 2023, according to data fr