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Ukraine moves missile production abroad – security chief

Ukraine was forced to relocate some of its missile production facilities outside of the country due to the threat of long-range Russian strikes, Aleksey Danilov, the head of the National Security and Defense Council, has said. In an interview with Spanish newspaper ABC published on Tuesday, Danilov was asked to …

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British arms maker to launch production in Ukraine – Zelensky 

The British arms manufacturing giant BAE Systems intends to “localize in Ukraine” the production of British L119 and US M777 howitzers, as well as Swedish CV90 infantry fighting vehicles, Ukrainian president Vladimir Zelensky announced on Thursday.    There are also plans to “open an office of BAE Systems in Ukraine,” …

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Russia boosts ammo production – defense minister

Russia has significantly boosted production of ammunition to support its troops in the Ukraine conflict, Defense Minister Sergey Shoigu said on Saturday. Shoigu delivered his remarks as he met with top military officials at the headquarters of the joint staff of the Russian armed forces, according to the ministry’s statement. …

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Russia restricts export of gas critical to chip production

Russia has restricted the export of noble gases, including neon, in an apparent tit-for-tat response to the fifth round of sanctions imposed by the EU in April. The government decree, published on Tuesday, states that through December 31 of this year the export of noble, and others, will be subject …

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German cars can’t run without Russian gas – BMW production chief

German auto-making giant BMW is seeking to invest in solar, geothermal, and hydrogen energy to reduce its reliance on deliveries of natural gas coming from foreign exporters, including Russia, according to BMW production chief Milan Nedeljkovic, as quoted by Reuters. Nedeljkovic said the carmaker, which relied on natural gas for …

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One of Europe’s biggest car plants halts production

One of the biggest vehicle manufacturing plants in Europe, Volkswagen Bratislava, has suspended production due to interruptions to its supply of parts from Ukraine and other issues, Slovakian media reported on Tuesday. Production across all areas was stopped on Monday for two days due to a long-term lack of semiconductor …

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German production costs smash 70-year high

Factory gate costs in Germany saw a record surge in February, soaring by 25.9% year-on-year mostly due to energy prices, according to the latest data revealed by the Federal Statistics Office (FSO). Data shows that the unprecedented growth in production costs, which is commonly a leading indicator for consumer prices, …

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Johnson & Johnson stops Covid-19 vaccine production – NYT

US multinational Johnson & Johnson suspended production of its Covid-19 vaccine late last year amid a massive push by the federal government and health officials to promote getting inoculated, The New York Times reported on Tuesday, citing sources familiar with the situation.  The pause in production is reportedly temporary, but …

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UK gas production could plunge 75% by 2030

The UK could become much more vulnerable to price shocks and geopolitical events unless new offshore fields are approved and developed—and the UK’s gas production could plummet by 75% by 2030, the offshore energy industry body OGUK said on Thursday. Without new investment in new gas fields in the North …

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