More than 20 states that produce more than half of world's oil take part in OPEC meetingBusiness & Economy December 10, 13:05
Russian energy minister Novak sees 'no risk' OPEC agreement failsBusiness & Economy December 10, 12:43
Defense ministry organizes mass escape for Aleppo civilians via humanitarian corridorsWorld December 10, 12:38
Almost 18,000 civilians evacuated from areas of Aleppo controlled by militantsWorld December 10, 7:41
Russian swimmers win 11 sets of medals at FINA World Swimming Championships (25 m)Sport December 10, 7:00
Shiveluch volcano in Russia’s Far East spews ash to 11 km in airWorld December 10, 5:28
Ceasefire agreements enter into force near Damascus, in Idlib province ― mediaWorld December 10, 4:18
Russian pair Tarasova/Morozov win final of ISU Grand Prix of Figure Skating in MarseillesSport December 10, 4:00
Matviyenko to visit UAE to participate in Forum of Women Speakers of ParliamentRussian Politics & Diplomacy December 10, 3:21
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).