Mercedes-Benz Manufacturing Rus CEO Axel Bense, Germany’s Ambassador to Russia Ruediger von Fritsch, member of the divisional board of Mercedes-Benz Cars Markus Schaefer, Russian Industry and Trade Minister Denis Manturov, head of production planning of Mercedes-Benz Cars Rainer Ruess and Moscow Regional Governor Andrei Vorobyov attend a new Mercedes-Benz plant’s cornerstone laying ceremony in the town of Esipovo outside Moscow, Russia earlier this week. Reuters / Tatyana Makeyeva
By Jack Stubbs, Reuters
Daimler began construction of a new Mercedes-Benz plant near Moscow this week, following through on the first new investment by a major foreign automaker in Russia since Western sanctions were imposed three years ago.
Daimler said in February that it will invest more than $280 million in the factory, contrasting with widespread wariness among international investors after a prolonged downturn brought on by sanctions and a collapse in global oil prices.
But Russia’s economy has recently shown signs of recovery, while its car market is returning to growth after four years of decline.
Continue reading Daimler lays foundation stone for $280 million Mercedes-Benz plant in Russia
The Progress spacecraft
China and Russia have both launched robotic spacecraft on cargo missions recently, according to reports in the media.
Chinese state news agency
Xinhua says the Tiangong-2 space lab and Tianzhou-1 completed a second refuelling test which “cemented technical results from the first refuelling”.
According to Space.com, the refuelling procedure requires 29 steps to complete and lasts for several days.
Continue reading Chinese robotic spacecraft completes second refuelling test, as Russia launches robotic cargo ship to International Space Station
From 20 to 22 September at CeMAT Russia in Moscow, approximately 150 exhibitors present their products and solutions for integrated and efficient control of the logistics process.
Wolfgang Pech, senior vice president at Deutsche Messe, says he expects mild growth for CeMAT Russia compared to 2015.
“The past year saw Russia’s GDP bottom out, but now it is starting to slowly bounce back. The World Bank projects a slight recovery for Russia in 2017,” says Pech. Continue reading CeMAT Russia: E-commerce strengthens intralogistics