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NABEREZHNYE CHELNY, Russia, Dec. 12 (UPI) -- German automaker Daimler AG said Friday it had agreed to purchase 10 percent of Russian truck maker Kamaz for $300 million.
MOSCOW, Aug. 1 (UPI) -- Russian armored vehicle producers recently bought thermal imaging systems, also known as infrared night-vision devices, worth $1 billion, from French company Thales Group.
MOSCOW, July 1 (UPI) -- It was announced on June 20 that Russian Prime Minister and former President Vladimir Putin had signed a resolution transferring Russia's only authorized arms exporter, Rosoboronexport, to Russian Technologies Corp.
Record-high energy prices are increasingly dominating Russia's trade relations with Mongolia. As Mongolia imports nearly all of its oil from Russia, the country is feeling pressure from sharp Russian price increases, and the government is seeking legislative changes to ameliorate the effect of the price increases on the population.
MOSCOW, Dec. 12 (UPI) -- Rostekhnologii's strategy will mean the biggest corporation in the country will resemble the Ministry of Engineering more than a joint stock company.
MOSCOW, Dec. 11 (UPI) -- The Russian president has signed a law establishing a state company Rossiiskiye Tekhnologii -- Russian technology.
BRUSSELS, Dec. 3 (UPI) -- Former NATO chief calls on United Kingdom to increase spending; Rosoboronexport chief named head of new consortium; Saab awarded Australian helicopter landing dock deal; Russia to spend $305 billion over next three years on defense; EADS wins Swiss prototype contract; Russia compensates Croatia for Soviet era
PARIS, Aug. 22 (UPI) -- The big question in Russian politics is not only who will replace President Vladimir Putin when he is required by the constitution to step down after serving two consecutive terms, but whether Putin himself leaves politics.
VERKHNYAYA SALDA, Russia, Nov. 19 (UPI) -- Some private Russian companies that emerged after the Soviet collapse are being brought back under state control, in a Kremlin shift from free enterprise. Other successful companies are being consolidated in the hands of businessmen loyal to the current a
MOSCOW, Dec. 8 (UPI) -- Russia Monday acknowledged its most promising market for weapons systems is in Arab countries.