At a time when the U.S. and Europe are cutting military spending, Russia and other countries in the East, on the contrary, are increasing it. New players are emerging on the global arms market. The main trend in the arms race is a shift in the concentration of military ...

The United States has increased its oil production while also reducing imports. Should we expect a decline in global energy prices? This could become possible in the next few years, while the structure of the market itself could change in the midterm.

Modernizing the Plana International Airport in a village near Ceske Budejovice in the Czech Republic will begin in the next few days with the installation of fences totaling 19 million koruna (€742,000). That will be followed with the erection of a new passenger te...

It all began in 1967, when the Dacia car manufacturing plant was built on the outskirts of the Romanian town of Pite?ti, and where for a long time the Dacia 1100 was made in the image and likeness of the Renault R8. The years went by and the Renault Group finally purcha...

The boom in U.S. gas production is beginning to bear fruit for the economy. Energy-intensive and hydrocarbon-dependent processing industries, to which Americans seemed to have long since waved goodbye, have gotten a great chance to reassert themselves: Companies are bui...

Despite the Celestial Empire’s economic power, the phrase “Chinese brand” still evokes smirks in the West. However, with rare exceptions, owners of the world’s factory don’t care about this attitude. Their main goal is to win over customers...

Bosch will start construction of two new plants in Russia in 2013. The company considers Russia a strategic partner and is focusing on local production. Gerhard Pfeifer, President and Bosch Group representative in Russia, Belarus, Ukraine, Central Asia and the Caucasus,...

The Chinese automotive industry has reached a turning point. Sales growth rates have decreased significantly, and companies’ investment plans look more and more ambitious. Some market segments are becoming rather tight, and many players are seriously looking for f...

In the background of the difficult crisis that severely hit the automobile industry in continental Europe, Great Britain appears to be a perfect oasis. Many billions of dollars of investments were pumped into the global auto-giant, which created thousands of jobs and ca...

The renewable energy sector is growing with each passing year. Investors are increasing their influence and governments are planning their transition from fossil fuels to wind, water and, solar energies. Could alternative types of energy completely replace coal, gas, an...