A1, a investment car of Alfa Group owned by Russian aristocrat Mikhail Fridman, has practical to Vnesheconombank (VEB) for a loan to buy Moscow’s Domodedovo airport, VEB Deputy Chairman Mikhail Poluboyarinov pronounced on Wednesday. “We have perceived an focus from A1 for a loan and are now examining a financial indication and money flows,” he [...]
Archives: 26 April 2012
April 26, 2012
April 26, 2012
Rosneft, LUKoil Start Talks on Joint Shelf Production
Russia’s largest oil association Rosneft has started talks with a country’s largest eccentric oil writer LUKoil for corner growth of hydrocarbon deposits on Russia’s Arctic shelf, a heads of a dual firms pronounced on Wednesday. Rosneft done an offer on a corner growth of 12 fields on a Arctic shelf to LUKoil, Bashneft, Surgutneftegas and [...]
April 26, 2012
Rosneft Picks Italy’s Eni For $120 Bln Offshore Projects
Russian oil hulk Rosneft and Italy’s Eni will deposition $70 billion in building Barents Sea offshore deposits and $55 billion in Black Sea offshore prolongation underneath a vital partnership agreement sealed by a companies on Wednesday. “The dual firms will deposition $50-70 billion for full growth in a Barents Sea and about $50-55 billion in [...]
April 26, 2012
Russia ‘Hopes’ for More Asia Participants in St. Petersburg Forum
Russia would like to see more participants from Asia in a St. Petersburg International Economic Forum 2012, an Economic Development Ministry central pronounced on Wednesday. “In new years we’ve been saying more interest in a forum on a partial of Asian countries and we would like to safety this trend,” Sergei Belyakov, conduct of a [...]
April 26, 2012
Rosneft to Sell $3 Bln Worth of 10-Year Bonds
Russia’s state-controlled oil hulk Rosneft skeleton to sell 10-year holds value 90 billion rubles ($3 billion) to financial collateral expenditure, a association pronounced on Thursday. “The Board motionless on a chain of ruble bonds. The array 04-10 non-convertible interest-bearing documentary dispatcher holds with imperative centralized control are value a sum of 90 billion rubles. They [...]
April 26, 2012
TransContainer’s 2011 Net Profit Soars 300% to $128 Mln
London-listed TransContainer, Russia’s heading rail load firm, saw a 2012 IFRS net distinction soar 310 percent year on year to 3.84 billion rubles ($128 million), a association pronounced on Thursday. The company’s revenues increasing 35.2 percent to 30.876 billion rubles and handling income grew 160 percent to 5.735 billion rubles. TransContainer’s EBITDA roughly doubled to [...]
April 26, 2012
Yandex Q1 Net Profit Up 53% to $42 Mln
Yandex, user of a heading internet hunt engine in Russia, saw a first-quarter 2012 net distinction burst 53 percent year-on-year to 1.258 billion rubles ($42 million) to US GAAP, a organisation pronounced on Thursday. The company’s net distinction was next a accord foresee of analysts polled by RIA Novosti who approaching a Q1 net distinction [...]
April 26, 2012
Top End Car Sales in Russia Surge 80%
Premium-class automobile sales in Russia surged 79 percent year on year in 2011 to 520,000 vehicles, Avtostat statistics group reported on Thursday, quoting information from auditer PricewaterhouseCoopers. Premium-class cars accounted for 21 percent of all automobile sales in Russia. A sum of $30 billion value of premium-class cars were sole in Russia final year, or [...]
April 26, 2012
Ukraine to Triple Offshore Gas Output
Ukraine skeleton to triple offshore gas prolongation in a Black Sea from 1.1 billion cu m to 3 billion cu m, Energy and Coal Industry Minister Yuriy Boyko pronounced in an talk with RBC Ukraine on Thursday. Ukraine is fixation high priority on a efforts to build adult a possess gas production. The aim outlay [...]
April 26, 2012
Russia to Hike Industry Gas Tariffs by 15% in 2013 – Shuvalov
The Russian government’s bill projections elect has motionless to lift gas prices for domestic attention by 15 percent in 2013, First Deputy Prime Minister Igor Shuvalov pronounced on Thursday. “We have concluded on a issue,” Shuvalov said. Russian gas trade corner Gazprom formerly requested a 26 percent travel in gas tariffs for industrial business from [...]
April 26, 2012
Medvedev: Tandem Here to Stay
Russia’s statute tandem is here for a prolonged haul, effusive President Dmitry Medvedev pronounced Thursday, commenting on his team-work with Prime Minister and president-elect Vladimir Putin. “It’s not a bad thing when a country’s fate, a domestic processes count not usually on a will of only one person, who does whatever comes into his head, [...]
April 26, 2012
Medvedev Denies Media Censorship in Russia
Russian President Dmitry Medvedev denied a existence of censorship in a Russian media in his final talk as boss on Thursday, observant any signs of censorship contingency be scrutinized by government. “I will repeat that censorship is taboo by a Constitution and if it appears somewhere it should be a theme of state investigation,” Medvedev [...]
April 26, 2012
Nationalist Party Lawmaker Appointed Governor
The legislature of western Russia’s Smolensk Region voted to approve Alexei Ostrovsky, a lawmaker with Vladimir Zhirinovsky’s Liberal Democratic Party (LDPR), as a region’s new governor. The Russian president’s attach� to a Central Federal District, Oleg Govorun, pronounced a appointment of an antithesis celebration member was in line with a domestic reform, announced late [...]
April 26, 2012
Russia, China Complete Naval Drills
Russia and China have finished a naval practice in a Yellow Sea, off a seashore of Qingdao in eastern China, a Russian Navy commander pronounced on Thursday. “Russian and Chinese warships have totally over a judgment of a practice in an fit manner,” Rear Admiral Leonid Sukhanov, emissary arch of a Navy Main Staff, said. [...]
