General Motors has unveiled plans to temporarily scale back production at its facility near St Petersburg, Russia. The proposed plans come in response to a slump in demand in the Russian automotive market. A General Motors spokesperson ...
Tags: General Motors, Plans, Auto Parts
Seafood firms in the US state of Alaska have joined forces to support imposition of a ban on seafood imports from Russia and also urged Russia to ease its ban on US food imports. The move will support sustainable and quality fisheries in ...
Tags: Seafood firms, Ban, Food
Six of the stadia for the FIFA World Cup in Russia in 2018 will be assessed under the BREEAM standard. A key sustainable feature of the new stadia will be highly energy efficient lighting designed to achieve international best ...
Russia-based pipe producer United Metallurgical Company (OMK) has stated that it has cancelled its plans to launch its own terminal for export at the port of Ust-Luga in the St. Petersburg region. The company planned to launch the Baltic ...
Tags: pipe, steel pipe
Danish brewer Carlsberg has announced that its annual profits may witness a slump as a result of decreasing consumption in eastern Europe. Consumption in both the countries has dropped due to sanctions and new drinking laws announced by ...
After a successful exhibition at the British Embassy two years ago, the British Furniture Manufacturers’ association (BFM) is set to return to Russia in October, to represent British furniture at the I Saloni furniture exhibition in ...
JAC N series light trucks were launched in St. Petersburg Moscow formally, marking China latest generation of light trucks entering Russian market, and the historical moment was witnessed by Zhang baoshun, General Secretary of Communist ...
Tags: JAC Light Truck, 4 Emission, Transportation
TORONTO — After several slow years, merger and acquisition activity is on the rise again in the Canadian trucking industry, according to PwC's Capital Markets Flash, a provider of tax, consulting and deals services. "We're seeing ...
Tags: Merger and Acquisition Activity, Trucking, Accessories
The Ukrainian association of metal producers Metallurgprom has announced that in the first half of this year exports of rolled steel by Ukrainian metallurgical enterprises declined by two percent year on year to 11.550 million mt, including ...
Tags: Rolled Steel Export, Mineral
In the second quarter of the current year, Sinarsky Pipe Works, a subsidiary of Russia's largest pipe producer TMK, recorded a net loss of RUB 36 million ($0.996 million), against a net profit of RUB 2.4 million ($0.066 million) in the ...
Tags: Sinarsky Pipe Works, Loss, Energy
Global crude steel production in June this year increased by 1.7 percent year on year to 136.82 million metric tons, while a 0.2 percent decline was observed on month-on-month basis, according to the World Steel Association (worldsteel). In ...
Apparels are the fastest growing category amongst online sales of all ecommerce products in India, notes a research paper released by the trade body – ASSOCHAM. Apparel, health, home furnishings and fragrances/ cosmetics are the few ...
Russia's consumer protection agency Rospotrebnadzor has temporarily shut down four McDonald's restaurants in Moscow citing sanitary violations. Rospotrebnadzor had previously filed a claim in a Moscow court in July accusing the restaurant ...
Tags: Agriculture, Food
Taxes on Brazil steel products have been adding costs to the competitiveness of the country’s industry, an executive said recently. Citing a comment from Sergio Leite, vice-president for sales at Usiminas, a media report said high ...
Tags: Taxes, Competitiveness, Energy
The European semiconductor distribution industry continues to deliver good news. According to DMASS (Distributors’ and Manufacturers’ Association of Semiconductor Specialists) semiconductor distribution sales in Q2/CY14 grew by ...
Tags: European, Growth, Electronics