The Voronezh-based aircraft manufacturer VASO has launched production of an An-148 regional medium-haul plane, the United Aircraft Corporation chief executive said.
Russia's leading mineral fertilizer producer Akron said it had paid about $60 million for 98% in Canada's 101109718 Saskatchewan Ltd., which owns the rights to vast potassium salt deposits.
The mergers and acquisition market in the oil and gas sector in Russia and former Soviet republics grew 19%, year-on-year, in 2007 to $35.7 billion, international auditor PriceWaterhouseCoopers said.