Major Russian automaker planning to launch production in African nation – envoy — RT Africa

Major Russian automaker planning to launch production in African nation – envoy — RT Africa

Source link Ethiopia and Russian carmaker Lada are working on plans to set up a production facility in the country, Moscow’s ambassador to Addis Ababa, Evgeny Terekhin, told RIA Novosti on Monday. According to the diplomat, Lada already has a foothold in the east African country and has established a reputation for reliability, making Ethiopia […]

China betting on next-generation chip production despite US curbs – FT — RT Business News

China betting on next-generation chip production despite US curbs – FT — RT Business News

Source link Washington has introduced a slew of export restrictions aimed at stalling advances in China’s semiconductor industry Chinese chipmakers expect to make next-generation smartphone processors as early as this year despite US attempts to hinder the Asian nation’s technological advancement, the Financial Times reported this week. According to the report, citing people familiar with […]

Russian defense chief inspects drone production facilities (VIDEO) — RT Russia & Former Soviet Union

Russian defense chief inspects drone production facilities (VIDEO) — RT Russia & Former Soviet Union

Source link Defense Minister Sergey Shoigu ordered an increase in aircraft output and quality based on experience in the Ukraine conflict Russian Defense Minister Sergey Shoigu has inspected drone production facilities in the central part of the country, where he was shown new types of unmanned aircraft and new materials that make them more resilient […]

Russian gasoline production fell in January – Kommersant — RT Business News

Russian gasoline production fell in January – Kommersant — RT Business News

Source link Gasoline production in Russia saw a year-on-year decrease of nearly 2% last month due to an accident at one of Russia’s major processing plants and to Ukrainian drone attacks targeting several other refineries, Kommersant reported on Monday. Production of all types of fuels declined by 1.8% to 3.49 million tons last month, the […]

Russian car production surged in 2023 – data — RT Business News

Russian car production surged in 2023 – data — RT Business News

Source link Russian factories produced more than 700,000 vehicles last year in what has been a rapid recovery from Western sanctions, Russian Deputy Prime Minister Denis Manturov announced on Monday. Car production in Russia rose by 16% in 2023, with over 720,000 automobiles rolled off the assembly line, according to Manturov, whose remit includes industry […]

Russia’s new gliding bomb to go into serial production – media — RT Russia & Former Soviet Union

Russia’s new gliding bomb to go into serial production – media — RT Russia & Former Soviet Union

Source link The PKB-500U Drel has reportedly completed all trials amid the conflict with Ukraine This year, Russia will reportedly start mass-producing a new gliding aerial bomb which has been in development for years. The weapon has proven highly successful in the Ukraine conflict, for which the Russian military retrofitted older bombs with upgrade kits. […]

Production halted at Libya’s biggest oilfield — RT Business News

Production halted at Libya’s biggest oilfield — RT Business News

Source link The country’s state oil giant says negotiations with protesters to resume operations are ongoing Force majeure has been declared at Libya’s largest oilfield, Sharara, after protesters shut down the field, according to a statement released by the National Oil Company (NOC) on Sunday. The company added that negotiations are ongoing to resume production […]

US to ‘quadruple’ shells production – Pentagon chief — RT World News

US to ‘quadruple’ shells production – Pentagon chief — RT World News

Source link Among the reasons for the move is “Ukraine’s high burn rate for artillery,” according to Lloyd Austin Spending on the production of artillery shells by the Pentagon has almost doubled in recent years and will be increased even further, US Secretary of Defense Lloyd Austin has said. “Ukraine’s high burn rate for artillery […]

EU tire giant to cut production in crisis-hit Germany — RT World News

EU tire giant to cut production in crisis-hit Germany — RT World News

Source link The country’s competitiveness as an industrial location has been undermined, Michelin said French tire giant Michelin will slash over 1,500 jobs in Germany by 2025, as competition from lower-wage nations and soaring energy prices make production in Western Europe unprofitable. Michelin will fully shut down plants in Karlsruhe and Trier and discontinue some […]

African OPEC+ members mutiny against oil production cuts – Reuters — RT Africa

African OPEC+ members mutiny against oil production cuts – Reuters — RT Africa

Source link Angola and Nigeria are reportedly demanding that the organization lets them produce more oil Two African members of the OPEC+ group of oil-producing countries, Angola and Nigeria, have defied the organization’s plans to cut output and demanded that their production quotas be raised, Reuters reported on Thursday. An ensuing dispute forced OPEC+ member […]