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The Russian oil company Rosneft plans to increase its oil production to 133 million tones a year by 2015, up from 119 million tones now, the company's Vice President Mikhail Stavsky said Saturday, according to Voice of Russia

The past seven months have seen a 60-percent increase in  car production in Russia – a sign that the sector shows stable signs of growing , Industry and Trade Minister Viktor Khristenko has said.

As Vladivostok prepares to host the 2012 APEC (Asia-Pacific Economic Cooperation) summit, complex infrastructure is being built with an army of Caterpillar construction equipment.

Over the past year local Cat dealer Amur Machinery has sold 29 Cat machines and rented another ten to the contractor, ZAO Crocus. In February an order of seventeen machines were delivered to the customer consisting of four 428 E backhoe, seven bulldozers, including two D9R machines, three rollers and three tracked excavators CS56 in the 35-ton class.

Cat Financial provided the funding for this mix of construction equipment.

A Taiwan company has won a contract to design the world's largest aquarium in Russia's Vladivostok city, the company has announced. The Huangs Green Country Industrial Co Ltd won the bid on the project that is part of Vladivostok's preparation for hosting the 2012 Asia-Pacific Economic Cooperation (APEC) summit, it said.

 

Russia has had S-300 anti-aircraft missiles deployed in Abkhazia since its forces briefly invaded Georgia two years ago to protect two breakaway Georgian regions, a Kremlin source confirmed Friday.

"All of our partners were informed," the Kremlin official told the Interfax news agency.

 

The first US air force planes have arrived in Russia loaded with equipment to help tackle wildfires that have been raging across vast areas of the country for weeks.Two C-130 aircraft loaded with aid landed at Moscow's Vnukovo airport on Saturday as Russian officials said the ferocious blazes which have killed at least 50 people were beginning to be brought under control.

Russian President Dmitry Medvedev conceded Thursday that a quarter of Russian crops have been lost in the recent drought, leaving many farms on the brink of bankruptcy. The government will prevent increases in the price of grain and fodder, which will eventually affect the prices of food products like flour, bread, meat, and milk, Medvedev said at a government agriculture meeting in Rostov.

Republic of Ireland winger Aiden McGeady has joined group-stage contenders FC Spartak Moskva from Celtic FC for a fee reported to be the highest ever involving a Scottish club according to a news release posted today on the UEFA Championships League web site. 

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