Tag «russian»

Russian defense companies showcase over 700 newest high-precision weapon systems at IDEX 2015

Abu Dhabi, February 24, 2015   The 9th International Defense Exhibition (IDEX 2015), the region’s premier international defense event from (February 22, 2015) in Abu Dhabi. The Russian pavilion, which is organized by the State Corporation, Rostec, features more than 700 weapons systems and military equipment for the army, air force, naval forces and air …

Russian consumer markets face slowdown but not crisis in 2014 & 2015

Nuremberg, October 22, 2014  – According to GfK forecasts, the majority of Russian consumer market sectors will face slowdown, if not stagnation, in 2014 and 2015. Recent decrease in confidence due to international sanctions resulted in both business and consumers tightening their belts. However, some macro-economic indicators show that the situation is objectively far from …

worldsteel announces the 8th steelChallenge World Champions

Brussels, 21 February 2014 – The World Steel Association (worldsteel) today announces the new World Champions of the 8th steelChallenge. A team from Tata Steel in India won in the category for young steel industry employees, and a team from Universidad Nacional del Sur in Argentina won in the student category. The World Championship of …

Sales by largest arms companies fell again in 2012 but Russian firms’ sales increased sharply

(Munich, 31 January 2014) Sales of arms and military services by the largest arms-producing companies—the SIPRI Top 100—totalled $395 billion in 2012 according to new data on international arms production launched today by Stockholm International Peace Research Institute (SIPRI) at the Munich Security Conference. This result represents a 4.2 per cent decrease in real terms …

EVRAZ announces disposal of a heat and power generating station in Novokuznetsk

EVRAZ plc announces that it has signed an agreement for the sale of its Russian subsidiary, heat and power station Tsentralnaya TETs, located in Novokuznetsk, Kemerovo Region, to Russian Open Joint-Stock Company Optovaya Elektricheskaya Kompaniya for RUB 10,000 in cash, which the company will apply for general corporate purposes. Tsentralnaya TETs generates and sells electricity …