The Kalashnikov Group has had the biggest year in its history, massively increasing both production and the scope of contracts, the company announced on Thursday. The Izhevsk-based group is Russia’s biggest manufacturer of small arms and which also makes machine tools and motorcycles. In the past year, the firearms production division achieved a 20-year record, producing 40%…
The growth of the EU’s economic powerhouse has continued to slow as a result of the energy crisis Germany’s economy is expected to continue to slow in the coming years; the country is slated to relinquish its position as the fourth-largest economy, in nominal US dollar terms, to India in 2027, according to a new…