A number of events will take place in Saint Petersburg on April 11 to celebrate the 150th anniversary of Siemens' activity in Russia including a press conference that will feature Siemens CEO Doctor Heinrich Pierer. The German company is currently working on a joint project with the Zavolzhsk Motor Factory (a subsidiary of Severstal group) to develop a new engine, which will be on display today. The construction of the engine itself is being designed by the motor factory while Siemens specialists have designed the Piezo Common Rail diesel direct injection system for the engine. There are already five working models of the new engine with the PCR system.
Russian Finance Minister Anton Siluanov announced a possible move that Russia can take in response to new US sanctions
When the bill was submitted to Congress on August 2, the reason for imposing the new sanctions on Russia was based on Russia's alleged interference in the US presidential election in 2016, but then something clicked