Sales of new cars and light commercial vehicles in Russia could decline by 21-30% in 2025 if high interest rates persist, Avtovaz CEO Maxim Sokolov said on Nov. 19, according to the state-owned TASS news agency.
Belgorod Region Governor Vyacheslav Gladkov confirmed that drone wreckage damaged the premises of an enterprise in the town of Alekseevka on Nov. 19. Media reports identified the facility as an EFKO plant, officially a sauce manufacturer.
Unilever concluded the sale of its business and four factories in Russia and Belarus for an undisclosed amount to Arnest Group, a Russian manufacturer, the company announced on Oct. 10.
Ukraine carried out a drone attack on July 1, "seriously" damaging the Russian military-industrial complex, the Oskol Electrometallurgical Plant (OEMK).
Russia's Defense Ministry confirmed on June 27 that Tver Oblast came under drone attack overnight, hours after Russian Telegram channels claimed a major chemical research plant in the region had been targeted.
Moscow Oblast Governor Andrey Vorobyov said that the administrative building of the Platan Research Institute, where electronic devices are manufactured, was on fire at around 3:30 p.m. local time.
A Russian Su-30 fighter jet producer bought back its own equipment previously sold to foreign partners worth over $400 million in 2022 and 2023, the Russian independent outlet Moscow Times reported on May 7, citing customs data.
A Russian court canceled the seizure of some of JPMorgan funds in Russia as part of a lawsuit with the Russian state-owned bank VTB, Reuters reported on May 2.
The state-owned Russian energy giant Gazprom reported a net loss of 629 billion rubles (nearly $6.9 billion) in 2023, the company's largest profit downturn in decades amidst falling gas prices and a limited European market.
Russia is already producing more arms and military equipment than it needs for its war against Ukraine, and is filling its weapons warehouses, German Defense Minister Boris Pistorius said, as reported by the German television channel n-tv on April 25.
Washington hopes they will allow Secretary of State Antony Blinken to arrive armed with diplomatic leverage on a visit to China this week, in a push to stop Beijing's commercial support of Russia's military production.
Andrii Yusov, a spokesman for Ukraine's military intelligence agency (HUR), hinted on April 4 that drone strikes on military facilities inside Russia will continue and "their range will increase."
Ukraine's military intelligence agency (HUR) targeted a manufacturing facility for Shahed-type attack drones in Russia's Republic of Tatarstan, a source in HUR told the Kyiv Independent on April 2.
Uralmashzavod, based in the major Russian city east of the Ural Mountains, produces equipment for the metallurgy, mining, and energy industries.
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