Industry

Mechel PAO (MOEX: MTLR; NYSE: MTL), one of the leading Russian mining and metals companies, reports leasing 18 BelAZ mining trucks as part of an agreement with State Transport Leasing Company for a total of 2.8 billion rubles.

According to the analytic agency "AUTOSTAT", the most popular car in the south of Russia is the Korean model Kia Rio. For 11 months in 2017 residents of the southern federal district (SFD) purchased 9641 sedans and hatchbacks Kia Rio, which is 16% more than a year before.

Holding "Bakulin Motors Group" on December 21st opened a new bus plant "Volgabas-Vladimir" in the Vladimir region. The volume of investments in the project at the first stage was 3.5 billion rubles.

Japan Air Self-Defense Force becomes first international KC-46 customer

Alstom signed an agreement with the Kazakh national railway company (KTZ) to acquire their 25% stake in the EKZ Joint Venture (JV). 

The decision by Opec and its non-Opec partners to extend their output cut deal by another nine months to the end of 2018 will attract more US crude to Asia-Pacific in the coming year, especially medium sour US grades.

The two companies aim to cultivate an open mobile and AI ecosystem built on shared success, while spurring the development of new AI applications and providing global consumers with AI that “knows you better.”

Sojitz Building Materials Establishes Company for the Sale of Interior Materials and Installation Management in Indonesia