Locked content Pesa to launch production in Russia

Rolling stock manufacturer Pesa has signed an agreement with Russian Uralwagonzawod to start production in Russia. “The agreement concerns launching an assembly and service centers in Russia and setting up joint venture which could produce trams, locomotives, railway cars and other electric vehicles...

Locked content Orlen to close its Lithuanian refinery?

Polish fuel giant, Orlen might close its refinery in Mazeikai before the end of this year, Lithuanian daily Lietuvos Rytas wrote. The company is looking for strategic investors for its Lithuanian facility. If it won’t them soon, the refinery, which currently operates at 60 percent capacity, mi...