DPR announces plans to launch Uglegorsk TPP in mid-2023

The Uglegorsk thermal power plant (TPP) in Svetlodarsk will be launched in mid-2023. This was stated by the Minister of Coal and Energy of the Donetsk People’s Republic (DPR) Andrey Chertkov. “In 2023, if we’re lucky, we will probably launch one block, maybe even two, by the middle of the year,” he told TASS. July … Read more

The head of UAC Slyusar: the first flight of the imported SSJ100 will take place in mid-2023

qantas airlines plane on air

KUBINKA (Moscow region), August 15 – The first flight of a fully imported domestic aircraft SSJ100 will take place in mid-2023, head of the UAC Yuri Slyusar told reporters on the sidelines of the Army-2022 forum. In April, he said that the first flight of the SSJ100 with the Russian PD-8 engine could take place … Read more

The Central Bank predicted a decline in GDP until mid-2023

The Central Bank in the published report on monetary policy (pdf.) revised upwards the forecasts for the decline in GDP, inflation and other macroeconomic indicators. According to new estimates, by the end of 2022, GDP will fall by 4.5-6.5%. The decline will last until mid-2023, and then move to moderate growth. Despite the expected quarterly … Read more