Rostelecom, on March 7, 2024, unveiled plans to spin off and list its data center division later this year, according to CEO Mikhail Oseevsky. This move is part of Rostelecom’s broader strategy to capitalize on its infrastructure assets, enhancing shareholder value and positioning itself competitively in the global data center market.
Aviation
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Mar 12, 2024
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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Mar 12, 2024
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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Mar 12, 2024
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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Mar 04, 2024
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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Feb 26, 2024
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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Feb 26, 2024
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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Feb 22, 2024
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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Feb 19, 2024
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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Feb 19, 2024
Rostec’s Obninsk Research and Production Enterprise “Technology” has initiated the serial production of domestically produced cockpit glazing for t
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Feb 16, 2024
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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