Russian Defense Minister Sergey Shoigu has inspected drone production facilities in the central part of the country, where he was shown new types of unmanned aircraft and new materials that make them more resilient to attacks and other types of impact. In a statement on Saturday, the Russian Defense Ministry …
Read More »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 …
Read More »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,” …
Read More »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. …
Read More »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 …
Read More »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 …
Read More »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 …
Read More »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, …
Read More »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 …
Read More »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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