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Rosatom and EDF Group partner to develop green hydrogen in Russia and Europe

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Russian Rosatom State Atomic Energy Corporation and the EDF Group signed a strategic cooperation agreement in March 2021 to develop green hydrogen in Russia and Europe. Rosatom’s ambition is to produce and to store decarbonized hydrogen, and take part in pilot projects in Russia and across the world.

Russia 338
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Roland Berger: Russian embargo against the Western automotive industry would hit Russia harder

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A decision by Russia to retaliate against sanctions imposed by the European Union and the US over Ukraine by imposing strong Russian sanctions—i.e., As Russia struggles with an ailing economy, rising inflation and a volatile currency, there’s no sign of a recovery any time soon, the consultancy said. —Uwe Kumm.

Russia 247
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Renault suspending industrial activities in Russia

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Regarding its stake in AVTOVAZ, Renault Group said that it is assessing the available options, taking into account the current environment, while acting responsibly towards its 45,000 employees in Russia. Renault Group already implements the necessary measures to comply with international sanctions.

Russia 199
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UCL-led study finds climate impact caused by growing space industry needs urgent mitigation

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The rapidly growing space industry may have a greater climate effect than the aviation industry and undo repair to the protective ozone layer if left unregulated, according to a new study led by UCL and published in the journal Earth’s Future as an open-access paper. The space industry is one of the world’s fastest growing sectors.

Climate 428
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Volkswagen Group to build own engine plant in Russia; production to begin in 2015

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The Volkswagen Group is expanding its capacities in Russia with the construction of a new engine plant in Kaluga, Russia. Russia is the primary strategic growth market in Europe for the Volkswagen Group. With the construction of the engine plant, Volkswagen is expanding its industrial commitment in Russia.

Russia 236
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AVTOVAZ trying to work around Renault pull-out

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The Renault Group suspended its industrial activities in Russia on 23 March ( earlier post ). Regarding its stake in AVTOVAZ, Renault Group said that it is assessing the available options, taking into account the current environment, while acting responsibly towards its 45,000 employees in Russia.

Russia 432
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Rostec and Airbus launch sustainable aviation fuels effort in Russia

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This partnership is part of an initiative to develop a complete sustainable aviation fuel production capability in Russia, using only sustainable resources. RT-Biotekhprom is involved in the Russian biotechnological, medical and pharmaceutical industries. The holding was created by Rostec in 2009.

Russia 218