Tag "small and medium-sized business"

In Tula, a city packed with the Russian defence industry, Californian musician David Brown and fan Pavel Bazdyrev have been making high-end microphones since 2014, taking advantage of cheap labor and second hand machinery from Kalashnikov arms plants. Vasily Abashkin, Leading Expert at the Centre for Industrial Policy HSE ISSEK, told Associated Press that the engineering sector in Russia has not yet caught up with foreign countries to bridge the gap of the last two decades.