Serbia to Establish First European Production Facilities for Chinese and Russian Vaccines

On March 11, Serbian President Alexander Vucic announced that Serbia would be setting up a factory near Belgrade to produce Sinopharm COVID-19 vaccines by October 2021, with financial support from China and the United Arab Emirates. The site would represent the first Chinese COVID-19 vaccine production facility in Europe. Vucic noted that the factory, with a production capacity of 2-3 million vaccines per month, would provide a long-term ...

Russia’s State-Owned Nuclear Company, Rosatom, Acquires Stake in Lithium-Ion Battery Company

On March 5, Renera LLC, the energy storage division of Rosatom’s TVEL Fuel Company, finalized a 49% equity acquisition of the South Korean-based technology company, Enertech International, Inc., which manufactures components for lithium-ion batteries. The acquisition arrives in the context of increased supply chain competition for what has become a critical component of a wide variety of emerging industries spanning electric vehicles, ...

Russia-China to Cooperate on Lunar Space Station

On February 11, the Kremlin formally authorized the Russian space agency, Roscosmos, to sign a memorandum of understanding with the Chinese government to cooperate on the development of an international lunar space station. The authorization arrived days after it was reported that talks had commenced on the basis of “mutual interest” in the lunar base. The China National Space Administration is planning to build a research station on the ...