On April 19, 2018, Dmitry Medvedev held a meeting on creating a digital network in Russia by the year 2030. Launched in pursuance of the Russian President Vladimir Putin’s initiative to have the country’s power industry transition to digital operations, the network is expected to function with the use of domestically-produced equipment and technologies. In order to implement this initiative, the government envisions establishing joint ventures between the Rostec state corporation and Rosseti with the goal of developing a smart power grid complex. Dmitry Medvedev instructed the relevant ministries and departments, as well as the appropriate stakeholders, to work out the details regarding the size of Rostec’s investment in Rosseti for implementing this project.
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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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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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
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