Manufacturing

12.05.2012 19:22 1 comment Russian car shopping spree New car and light commercial vehicle sales in Russia rose 14% in April from that month last year to 266,267 units, says the Association of European Businesses (AEB). In 2012, Russians have bought 880,540 units - an 18% increase year-on-year.		09.05.2012 08:23 1 comment Making and selling to be the future of Russian economy Diversification of the economy is going to be the main challenge for the new Russian Government according to experts. Retail and manufacturing would have to become the main drivers of Russia’s economy in the near future.
03.05.2012 14:34 Nissan-Renault to take Avtovaz driving seat The Renault-Nissan Alliance is moving closer to gaining control of Russia's major car maker Avtovaz. It’s creating a joint venture with state corporation Russian Technologies and investment company Troika Dialog to take over the majority interest.		02.05.2012 13:02 2 comments PMI ups and downs: China and Russia on rise, Europe in doldrums Russia’s manufacturing showed a surprising growth in April signaling the best overall performance of the sector since March 2011, according to the report prepared by HSBC.
28.04.2012 15:22 3 comments Russian Antimonopoly service: iPad evades customs duty Two of Russia’s most powerful institutions are at loggerheads over the Apple iPad.		28.04.2012 14:15 2 comments Avtovaz recalls Lada cars for safety reasons Russia's biggest carmaker Avtovaz says it will recall nearly 100,000 new Ladas due to technical faults. The recalled vehicles were the Kalina and Granta models, two of the company's most recent designs.
27.04.2012 17:30 Avtovaz eyes foreign markets as domestic sales drop Russia's biggest carmaker Avtovaz is pinning its hopes on a surge in demand from CIS countries after exports jumped 50% in the first quarter, though its domestic sales saw a sharp decline.		09.04.2012 13:04 Sony: Slash more flesh Sony has joined the global list of firms trying return to profit by a massive downsizing. The electronics and software giant is expected to slash 10,000 jobs.
05.04.2012 16:36 3 comments German and UK manufacturing upsets markets Optimism in Europe is fading as manufacturing in Germany and in the UK showed weak results, failing to calm investors upset by poor performance of Italy and Spain. Eurozone crisis		02.04.2012 16:00 1 comment PMI mixed bag: China up, eurozone upsets The Purchasing Managers Indices around the globe show a mixed picture on global manufacturing activity. With euro zone results significantly down, and a mixed outlook for China and the UK investors are puzzled.
01.03.2012 17:59 Russian pipe maker is heading to Wild West Russia’s second largest pipe producer United Metallurgical Company (OMK) has purchased a pipe-making plant in Texas and plans to build another one in the US by 2013.		01.03.2012 13:08 4 comments Russian Manufacturing in the doldrums Russian manufacturing remained flat and weak in February, as demand from abroad continued to ease. “Politicians call this stability, but economists are tempted to call this stagnation,” said Alexander Morozov from HSBC.
29.02.2012 15:27 2 comments Russian elections: The fight for the regions Russia's presidential campaign is into its home stretch, with just a few days to go before Sunday’s ballot. To have a chance at the top job, candidates will have to win over voters in Russia’s regions. Election 2012		15.02.2012 16:36 22 comments Chinese company may take iPad core out of Apple A Chinese company seeks to ban iPad exports from China, accusing Apple Inc. of violating its rights to the iPad name. This action enables local authorities to seize the gadgets.
01.02.2012 16:00 1 comment Russia’s manufacturing: ‘And yet it moves!’ Russia´s manufacturing started 2012 on “weak footing”, as the sector continued to weaken in January and performed the worst since October 2011. A negative start left no room for optimism, with the outlook for the year also being gloomy.		30.01.2012 19:13 NLMK shows good resuts despite tough market Russian major metal producer Novolipetsk Steel or NLMK boasts pushing steel production to the record level of 3.2 mln tones in the fourth quarter of 2011.
30.01.2012 16:48 8 comments Putin: We need a new economy Russia’s Prime Minister Vladimir Putin speaks on the country’s role in the global division of labor, overcoming technological inferiority and the role of the state in modernizing the economy. Election 2012		27.01.2012 18:38 Renault-Nissan's electrifying future in Russia. When French car maker Renault spent $1 billion on a 25% stake in Lada maker Avtovaz in 2008 they soon thought they'd made a disastrous mistake as car sales plunged and forcing Avtovaz close to bankruptcy. Not any more.
26.01.2012 14:52 1 comment Russian metals on the move Russian metal producers are grabbing the moment to increase sales as global demand slowly recovers from the economic crisis.		24.01.2012 20:06 3 comments Whisky vs Vodka: Scottish drink grabs bigger portion of Russian market Russians are known for their love of vodka, but it’s Scottish whisky that’s raising more and more spirits in the country. Imports are expected to grow as the country enters WTO and companies are rushing to sign deals with producers.

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