Since Putin's barbaric military invasion of Ukraine, 380 foreign companies have announced their withdrawal from Russia, although some have feared and continue to operate in Russia. The full current list of foreign companies that closed down in Russia, as well as those that remained as of March 15, 2022, you will find below. The list of companies wi

The Bank of Russia has approved a bill from the Ministry of Economic Development of the Russian Federation on the external management and nationalization of companies and banks that are leaving the Russian Federation because of the aggressor's war against Ukraine. The Central Bank of the Russian Federation has agreed on a document allowing the esta

Known primarily in the U.S. for its excavators and wheel loaders, Doosan is entering new territory in construction equipment with its first ever dozers. In this episode of The Dirt, we talk with Doosan Infracore North America’s Aaron Kleingartner about the company’s new dozer offerings for later this year and next year. Currently, Doosan is in the

The European Bank for Reconstruction and Development (EBRD) has announced an initial €2 billion resilience package of measures to help citizens, companies and countries affected by the war on Ukraine. The Bank has also pledged to do all it can to help with the country’s reconstruction, once conditions allow. Funding will be made rapidly available t

Kobelco's new 20-ton SK-Series excavator, the SK210LC-11, offers more standard features, an improved cabin, increased performance and easier maintenance. The machine is powered by a 160-horsepower, Tier 4 Final Yanmar diesel engine. Kobelco says the new engine delivers 18% more torque than the previous model. The SK210LC-11 delivers 32,190 pounds o

John Deere has launched the first excavators under its new Performance Tiering strategy – the mid-sized 350 P-tier and 380 P-tier. These revamped machines support on-demand safety, comfort, and control — all while delivering the power needed for high production on the job, the company says.  Upgrades on the new machines include improved front-joint

Information in Ukrainian on the Law is available at http://w1.c1.rada.gov.ua/pls/zweb2/webproc4_2?id=&pf3516=7108&skl=10. Based on available text of Decree of President of Ukraine On Introduction of Emergency State in Certain Regions of Ukraine dated 23 February 2022 No. 63 (the “Decree”) the following key measures shall be taken: Starting

Doosan began rolling out is completely redesigned wheel loader lineup in 2021 and has continued to introduce models to the U.S. market. The latest new models range in bucket sizes from 2.6 cubic yards on the DL200-7 to 3.3 cubic yards on the DL250-7. In between is the DL220-7 at 3 cubic yards. They join seven other models already released in the ne

During 2022, the Group will continue the environmental modernisation of its facilities. A key project is the reconstruction of the dedusting systems in Azovstal’s basic oxygen furnace shop. The new dedusting systems are due to be commissioned in phases during the period 2022-23. It is expected to be the largest environmental project in the Group's

According to SpecMachinery.com.ua, these are four-wheeled Volvo L120Gz cars designed to work in the most difficult operating conditions. The Volvo L120Gz is a wheel loader. The bucket capacity of the model is 3.5 m³ and the operating weight is 18050 kg. The static load of overturning at full turn reaches 12,120 kg At the same time, the L120Gz desig

Investohills Helianthus Investment Fund founded by Emso Asset Management Limited (USA, UK) and APartners Capital Investment Management Limited (Italy, Malta) international groups made a deal with Investohills Vesta Financial Company to buy out the company’s portfolio of distressed assets that its Ukrainian investors bought from the Deposit Guarante

HARMAN International, a wholly-owned subsidiary of Samsung Electronics Co., Ltd. focused on connected technologies for automotive, consumer and enterprise markets, today announced the acquisition of Apostera, a Germany-based automotive technology company. Apostera’s augmented reality (AR) and mixed reality (MR) software solutions will expand HARMAN