Telegram included in register of Internet information distributorsBusiness & Economy June 28, 20:56
Putin points to growing activities of foreign secret services against RussiaRussian Politics & Diplomacy June 28, 20:36
FIFA chief Infantino to attend Chile-Portugal 2017 Confederations Cup semis match in KazanSport June 28, 20:27
Lavrov expects US to refrain from creating pretexts for new attacks on SyriaRussian Politics & Diplomacy June 28, 20:09
Top diplomat says Germany willing to open new chapter in relations with RussiaWorld June 28, 19:28
Russia open for cooperation with Germany in war on terror, Lavrov saysRussian Politics & Diplomacy June 28, 19:22
Baltic Fleet’s fighter jets hold air combat drills in Russia’s westernmost regionMilitary & Defense June 28, 18:57
Russian telecom watchdog to include Telegram in registerBusiness & Economy June 28, 18:51
Skolkovo Foundation proactively cooperating with China — IT projects directorBusiness & Economy June 28, 18:41
MOSCOW, September 20 (Itar-Tass) — Russia’s Silovye Mashiny and Japan’s Toshiba have signed an agreement to set up a joint venture on the construction of a power transformer plant on the territory of Russia.
The agreement was signed by the companies’ heads within the framework of the second meeting of the Russian-Japanese consultative council on modernization of Russia’s economy.
Silovye Mashiny will own a 50.01 percent stake in the joint venture, while Toshiba – a 49.99 percent stake.
The investments into the plant’s construction will exceed 5 billion rubles.
Director-general of Silovye Mashiny, Igor Kostin, said the plant will be built on the premises of the Russian enterprise in St. Petersburg and will be financed through own funds and borrowings.