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10.02.2006 The agricultural “national project” will strengthen the fraternal alliance of Russia and Belorussia

Belorussian manufacturers plan to take an active part is realization of agricultural “national project” in Russian Sverdlovsk Territory. In 2006 the region will invest $33.6 bln for technical re-equipment of local farmers.

Modern combines produced in Belorussian Rebublic will help Ural farmers reduce grain losses making it possible to reap 5000-7000 kilos from each hectare. The Ural-Belarussian cooperationg is developing successfully: in 2005 the bilateral commodity turnover reached 

06.02.2006

Vladimir Putin will not hamper the merge of Russian automotive industry On Tuesday, Russian President Vladimir Putin said at his annual press conference that the merge of Russian giants GAZ, AutoVAZ and KAMAZ would be possible if the owners of these companies came to such a decision. “If all participants of the process come to the conclusion that this merge can contribute to the development of Russian machinery industry, such decisions will be supported by the state”, Mr. Putin said. He remarked that the state “will not impose any decisions”.

According 

16.01.2006

American Red Cross awards Volvo The Asheville Mountain Area Chapter of the American Red Cross has awarded Volvo Construction Equipment North America with an award recognizing the company"s contributions to the Hurricanes Katrina and Rita disaster relief effort.

Contributions by employees of the company’s sales and manufacturing divisions and Volvo Construction Equipment Rents and a matching funds donation from Volvo Construction Equipment North America on behalf of its employees and its dealer network totaled nearly 

13.01.2006

Finland to arm Lithuanian army According to the press service of Defence Ministry of Lithuania, its army will purchase Finland-made cross-country polyfunctional armored truck of military purpose SISU E11T.

The contract with a Finnish truck manufaturing company Oy Sisu Auto AB was subscribed in the middle of December, 2005. The amount of the deal exceeds 20 mln euro. The prolongation of the contract is also forseen. The truck will be supplied in three modifications.

The tender announced by Lithuanian military 

11.01.2006

Chinese industry continues accelerating in development The Commerce Ministry of Chinese Peoples’ Republic reported that the bulk of Chinese machinery and electronic products exported in 2005 amounts to 775 bln USD, which means 25 per cent growth. As for export rate, it exceeded $400 bln.

According to the Ministry’s statistics, in January-February period of the last year, inport-export turnover of machinery and electronics produced in China equalled to $696.42 bln with 23.9% growth. Particularly, export amounted $382.44 bln (32.7% growth) 

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