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State run news agency TASS has reported that Toyota's St Petersburg plant may be transferred to Russia's Central Automobile and Engine Research and Development Institute.
MOSCOW--Japanese car maker Toyota Motor Corp.’s St Petersburg plant may be transferred to the Russian state entity NAMI, Russian Industry and Trade Minister Denis Manturov said on Thursday, according to the state-run TASS news agency.
Russian trade minister quoted as saying transfer of factory ‘being considered’.
The Pentagon released a video on Thursday that it said provided evidence a Russian fighter jet clipped the propeller of a U.S. spy drone and caused it to crash into the Black Sea this week, despite Russia's denial.
Safran Helicopter Engines and Hindustan Aeronautics (HAL) have signed a workshare agreement for the joint development of the engine intended for the future 13-tonne Indian MultiRole Helicopter (IMRH) and its naval version Deck-Based MultiRole Helicopter (DBMRH), according to a joint statement from both companies.