OPEC has no objections to speed of Russia's oil production cutsBusiness & Economy March 25, 12:38
Opposition leader Vladimir Neklyayev detained in Belarus - news agency directorWorld March 25, 5:33
Russia submits amicus curiae brief to US Supreme CourtRussian Politics & Diplomacy March 25, 3:34
Russia, China suggest for UN SC to adopt resolution on chemical terrorism threatRussian Politics & Diplomacy March 25, 3:23
Russian lawmaker compares European Union to Soviet UnionRussian Politics & Diplomacy March 25, 3:16
Russian emergencies ministry says fire at Kazan’s gunpowder factory fully extinguishedWorld March 25, 3:01
Relations btw US, Russia worst over half-century - Lukin quoting KissingerRussian Politics & Diplomacy March 25, 2:58
Russia suggests setting up international coalition for demining operations in SyriaRussian Politics & Diplomacy March 25, 1:08
One person dies in fire at gunpowder factory in Russia's KazanWorld March 24, 21:47
TOKYO, June 21 (Itar-Tass) - Japan’s Hitachi Corporation has signed an agreement on scientific and technical cooperation in electric power engineering with Russia’s electricity grid system Russian Grids JSC, Japan’s leading business newspaper Nikkei said on Friday.
The companies signed the deal on the sidelines of the ongoing St. Petersburg International Economic Forum.
Under the agreement Hitachi and Russian Grids JSC plan to cooperate in upgrading electrical engineering infrastructure in Russian regions, in particular in the Republic of Buryatia.
They plan to analyze the operating electrical grids and to replace aging equipment with modern one.
The deal with Russian Grids JSC will help Hitachi to strengthen its positions on the Russian market of electric machinery. By 2020 Japan’s corporation hopes to increase its annual sales in Russia up to 10-15 billion yens ($103-154 million).