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Tag: industry

Light Industry Products Meet International Standards

Light Industry Products Meet International Standards

As noted in the report of the Ministry of Industry and Trade on the results of the initial stage of international certification of Russian companies, light industry enterprises are able to offer competitive goods to consumers in foreign markets. Manufacturers who had an opportunity to pass the audit of the foreign certification centre earned appreciation…

Supplies of Confectionery to Foreign Markets are Increasing

Supplies of Confectionery to Foreign Markets are Increasing

The Russian confectionery industry has become one of the undisputed leaders in exports. As follows from the material of News.ru with reference to the data of the branch industrial association, confectionery products occupy the fourth line in the list of the Russian agro-industrial complex exports. For five months of this year, the export of confectionery…

The international market experiencing sustained demand for Russian railway tracks

The international market experiencing sustained demand for Russian railway tracks

Rail transportation remains key in global logistics. Even though the total length of classic railways is at a practical standstill, their use continues to grow, kommersant.ru reports. The publication notes that Russian manufactured railway tracks enjoy sustained demand in foreign markets. EVRAZ, the largest manufacturer of railway tracks outside of China, is expanding its sales…

Russian industry may suffer $20 bln damages due to sanctions

Russian industry may suffer $20 bln damages due to sanctions

Damages of the national industry due to the anti-Russian sanctions may amount to $20 bln, Acting Minister of Industry and Trade Gleb Nikitin said on Tuesday in an interview with the RBC TV channel. “Damages [to the industry] may amount up to $20 bln in connection with higher cost of refinancing on the domestic market…

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