it's always very intriguing to see certain genres live through decades of musical innovation, while still retaining their own characteristics. Krautrock is one of those genres. Their are still many bands today that are indirectly or directly influenced by krautrock, and there are even some bands that try their best to sound just alike.
Polska Radio One is a psychedelic/Krautrock band from Yekaterinburg Russia, they have released their new ep "Liquid psych-out vol1" in december 2012. It's a really promising recording that has a strong tendency to lean towards bands like Neu or Can ( wich of course is a good thing) but with a more spacy vibe to it.
Their 2-song ep is available for free on bandcamp