SCO & BRICS latest news and insights
By Rhod Mackenzie
Russia is experiencing rapid growth in an industry that until recently was almost entirely dominated by foreign manufacturers – the pharmaceutical and medical industries. Hundreds of new drugs and medical devices developed in Russia have appeared, and entire medical clusters are...
NOVATEK has once again revised the composition of key equipment for the power supply of the Arctic LNG-2 plant under construction. Instead of procuring machines from the Chinese Harbin Guanghan Gas Turbine, which may not meet the deadline, the company has ordered three GTE-170 units from Power Machi...
To reduce import dependence in the manufacturing industry and mechanical engineering, it is essential to accelerate the development of component manufacturers, in fact, the third industrialisation. Otherwise, there will be complete dependence on supplies from China.
The import dependence of mechani...
Russia has successfully transitioned away from its reliance on high-power gas turbines from Siemens and General Electric, according to Rostec head Sergei Chemezov. Russia has achieved this independently, unlike Iran, which has relied on external assistance. The inaugural turbine will be installed at...
