|Bid||0.742 x 12000000|
|Ask||0.744 x 2000000|
|Day's Range||0.741 - 0.762|
|52 Week Range||0.524 - 1.002|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
Ford's (F.N) Russian joint venture Ford Sollers plans to create 600 new jobs at its Elabuga plant and institute a six-day week to meet growing demand, it said on Wednesday. Sales of sport-utility vehicles (SUVs) and light commercial vans produced at its plant in the Russian republic of Tatarstan, which makes the Kuga, Explorer and Transit models, rose by 50 percent in 2017, Ford Sollers said. Ford Sollers said it expected a recovery in the Russian auto market to continue into 2018.
Ford's Russian joint venture Ford Sollers plans to create 600 new jobs at its Elabuga plant and institute a six-day week to meet growing demand, it said on Wednesday. Sales of sport-utility vehicles (SUVs) and light commercial vans produced at its plant in the Russian republic of Tatarstan, which makes the Kuga, Explorer and Transit models, rose by 50 percent in 2017, Ford Sollers said. Ford Sollers said it expected a recovery in the Russian auto market to continue into 2018.
Cherkizovo (GCHE.MM) (CHEq.L), Russia's biggest meat producer, has decided to cancel its London listing due to low trading since February and has decided to consolidate its free-float and trading in its shares in Moscow, it said. "In the context of its new capital markets strategy, the company is also evaluating a range of alternatives available to it, including a potential equity offering of ordinary shares on the Moscow Exchange," it added in a statement.
Ford's Russian joint venture plans to hire more than 700 workers at its plant in Elabuga in Tatarstan to meet growing auto demand, especially for sport-utility vehicles and light commercial vans, the carmaker ...
Russia's standards agency Rosstandart said on Friday that it had been informed about recall of 20,864 Ford Kuga cars, sold in Russia in 2013-2017 due to technical failures, which may affect the safety....
Russia's United Aircraft Corporation (UAC) said on Tuesday it hoped a long-range, widebody plane it is developing with the Commercial Aircraft Corporation of China (COMAC) would sell more than 600 over a 20-year period. "We have big expectations with COMAC for this product," UAC President Yury Slyusar said at the Paris Airshow, adding that he was hopeful about selling more than 600 of the planes over 20 years. UAC was established by a 2006 presidential decree that consolidated Russia's aviation assets and aimed to revive the fortunes of the nation's plane business.
Russia's new MS-21 passenger plane, its first domestically-built mainline commercial aircraft since the collapse of the Soviet Union, is a serious venture capable of competing with industry heavyweights Airbus (AIR.PA) and Boeing (BA.N), the head of national airline Aeroflot (AFLT.MM) told Reuters on Friday. Russia carried out the MS-21's maiden flight on Sunday and has heralded the twin-engine jet as a domestic alternative to those made by America's Boeing and Europe's Airbus, which dominate the medium-range narrow-body market. Manufacturer Irkut Corporation (IRKT.MM) and its state-controlled parent company United Aircraft Corporation (UAC) (UNAC.MM) say the new plane is more efficient than its Western counterparts, but analysts warn Russia faces a huge challenge to shatter the transatlantic airplane duopoly.
Russia on Sunday completed the first flight of its new MS-21 medium-range passenger plane, state-controlled United Aircraft Corporation said in a statement. Russia has said the MS-21, its first post-Soviet ...
Two Aeroflot flight attendants who accused the Russian airline of giving them lower-paying domestic routes because of their weight lost lawsuits against their employer this month. The female flight attendants, part of a group of airline workers who dubbed themselves “old, fat and ugly” or STS in Russian, alleged Aeroflot photographed, measured and weighed cabin…
After years of losses, plant closings and job cuts, some of the world’s biggest steelmakers are ready to spend more on their businesses.
Exxon Mobil Corp (XOM.N) on Wednesday declined to comment on a media report that it is seeking permission from the U.S. government to drill in several areas of the Black Sea banned by U.S. sanctions on Russia. The Wall Street Journal reported that Exxon had in recent months applied to the U.S. Treasury Department for a waiver to drill with Russian oil producer Rosneft (ROSN.MM). Any such request is likely to draw attention because Exxon's former chief executive, Rex Tillerson, is now U.S. secretary of state.
LONDON/MOSCOW, April 4 (Reuters) - Russian oil major Rosneft hopes to benefit from European court rulings that have allowed some Iranian banks to escape from European Union sanctions. Russia's largest oil firm has been subject to sanctions since 2014, following Russia's annexation of Ukraine's Crimea region.
Rosneft CEO asks for government to permit loans from subsidiaries of foreign investment banks. JPM is the only American one on the list.
Europe's top court on Tuesday upheld European Union sanctions on Russia over the Ukraine conflict, including on its largest oil group Rosneft (ROSN.MM), in a ruling that asserts the court's jurisdiction over the bloc's foreign policy. The EU slapped sanctions on Russia after it annexed Crimea from Ukraine in 2014 and stepped them up as Moscow went on to support a separatist rebellion in Ukraine's industrial east. Rosneft's head, Igor Sechin, is a close ally of Russian President Vladimir Putin.
Russian plane maker Sukhoi has repaired defects in 20 Superjet 100 aircraft that were grounded in December by airlines including Russia's Aeroflot and Mexico's Interjet, the company said on Thursday. Checks by Russia's aviation authority were instigated in late December after a defect was discovered in the tail section of a Superjet operated by Russian carrier Iraero. "All the Superjet 100s that were found to have defects have been repaired," Sukhoi said in a statement to Reuters, adding that the aircraft had returned to service by Feb. 1.
President Vladimir Putin told trading giant Glencore (GLEN.L), Qatar's sovereign wealth fund, and Italian bank Intesa (ISP.MI) their businesses in Russia would be successful after they took part in the privatisation of a stake in Rosneft (ROSN.MM). "I want to thank you for your trust, for your decision, want to express confidence that your business in Russia will be developing and developing successfully," Putin told a meeting with the heads of the companies.
MOSCOW/LONDON/MILAN (Reuters) - More than a month after Russia announced one of its biggest privatizations since the 1990s, selling a 19.5 percent stake in its giant oil company Rosneft, it still isn't possible to determine from public records the full identities of those who bought it. The stake was sold for 10.2 billion euros to a Singapore investment vehicle that Rosneft said was a 50/50 joint venture between Qatar and the Swiss oil trading firm Glencore. Unveiling the deal at a televised meeting with Rosneft's boss Igor Sechin on Dec. 7, President Vladimir Putin called it a sign of international faith in Russia, despite U.S. and EU financial sanctions on Russian firms including Rosneft.