VTB opens $79mn credit line to Krasnoye Sormovo shipyard
Russia’s second largest state lender VTB’s branch in the Volga city of Nizhni Novgorod has opened a RUR2.4bn ($79mn, or €60.2mn) credit line to the Krasnoye Sormovo shipyard for seven years.
Russia’s second largest state lender VTB’s branch in the Volga city of Nizhni Novgorod has opened a RUR2.4bn ($79mn, or €60.2mn) credit line to the Krasnoye Sormovo shipyard for seven years.
Published: 27.01.2012 17:26
Kursk region will finance upgrade of milling plants
The authorities of the central Kursk Region plan to invest some RUR130mn ($4.3mn, or €3.3mn) in the upgrade of local milling enterprises in 2012
The authorities of the central Kursk Region plan to invest some RUR130mn ($4.3mn, or €3.3mn) in the upgrade of local milling enterprises in 2012
Published: 27.01.2012 17:25
Sverdlovsk region will increase support to innovative farms
The budget of the Sverdlovsk Region stipulates that about RUR2.5bn ($82.3mn, or €62.8mn) will be spent on support to the regional agribusiness sector in 2012, said Anatoly Gredin, acting governor of the region located in the Urals
The budget of the Sverdlovsk Region stipulates that about RUR2.5bn ($82.3mn, or €62.8mn) will be spent on support to the regional agribusiness sector in 2012, said Anatoly Gredin, acting governor of the region located in the Urals
Published: 27.01.2012 17:25
Kursk region plans to double support to SMEs
The authorities of the central Russian Kursk Region plan to double financing for the regional programme to develop small and midsized enterprises (SMEs) in 2012-2015. Some RUR400mn ($13.2mn, or €10mn) will be invested in its implementation
The authorities of the central Russian Kursk Region plan to double financing for the regional programme to develop small and midsized enterprises (SMEs) in 2012-2015. Some RUR400mn ($13.2mn, or €10mn) will be invested in its implementation
Published: 27.01.2012 17:20
Moody's upgrades Evraz to Ba3 with Stable outlook
Moody's Investors Service said it has upgraded the corporate family rating (CFR) of Russian steel, mining and vanadium business Evraz Group to Ba3 from B1. The outlook of the rating was changed to Stable from Positive
Moody's Investors Service said it has upgraded the corporate family rating (CFR) of Russian steel, mining and vanadium business Evraz Group to Ba3 from B1. The outlook of the rating was changed to Stable from Positive
Published: 27.01.2012 17:08
LUKoil awards $1bn contract to Samsung
Russia's LUKoil has awarded a $998mn deal to South Korea's Samsung Group to build a central processing facility for oil production at the West Qurna 2 oilfield in Iraq
Russia's LUKoil has awarded a $998mn deal to South Korea's Samsung Group to build a central processing facility for oil production at the West Qurna 2 oilfield in Iraq
Published: 27.01.2012 17:06
Police arrests illegal bankers in Volgograd region
Law enforcement authorities in Volgograd arrested eight people suspected of illegal banking worth billions of roubles, Investigative Committee spokesman Vladimir Markin told the media
Law enforcement authorities in Volgograd arrested eight people suspected of illegal banking worth billions of roubles, Investigative Committee spokesman Vladimir Markin told the media
Published: 27.01.2012 17:05
Rosneft may acquire ailing German refinery
Russia’s largest crude producer, Rosneft, is considering buying a bankrupt oil refinery in Ingolstadt, Germany
Russia’s largest crude producer, Rosneft, is considering buying a bankrupt oil refinery in Ingolstadt, Germany
Published: 27.01.2012 17:04
RusNano appoints Merrill Lynch, VTB to organise 10% stake privatisation
Russia’s high-tech state corporation RusNano is going to sell around 10% of its stock to private investors, said chief executive Anatoly Chubais who is attending the World Economic Forum in Davos
Russia’s high-tech state corporation RusNano is going to sell around 10% of its stock to private investors, said chief executive Anatoly Chubais who is attending the World Economic Forum in Davos
Published: 27.01.2012 17:02
Gazprom, Sovcomflot consider trial LNG deliveries along Northern Sea Route
Gazprom CEO Alexei Miller met with Sovcomflot head Sergei Frank on Thursday to discuss cooperation in the development of the Prirazlomnoye oilfield located south of Novaya Zemlya in Arctic Russia, including oil transportation
Gazprom CEO Alexei Miller met with Sovcomflot head Sergei Frank on Thursday to discuss cooperation in the development of the Prirazlomnoye oilfield located south of Novaya Zemlya in Arctic Russia, including oil transportation
Published: 27.01.2012 17:01
Retail trade up 7.2% last year
Russia’s retail trade went up 7.2% in 2011 year on year, to RUR19.075tn ($627.6bn, or €478.8bn), the state statistics service said Thursday
Russia’s retail trade went up 7.2% in 2011 year on year, to RUR19.075tn ($627.6bn, or €478.8bn), the state statistics service said Thursday
Published: 27.01.2012 16:59
Investment in fixed assets in Russia grew 6.2% last year
Investment in fixed assets in Russia went up 8.9% in December, 7.7% in November, 8.6% in October and 8.5% in September 2011 year on year, the federal statistics service reported on Thursday
Investment in fixed assets in Russia went up 8.9% in December, 7.7% in November, 8.6% in October and 8.5% in September 2011 year on year, the federal statistics service reported on Thursday
Published: 27.01.2012 16:58
VTB issues $11mn loan to timber group RFP
Bank VTB has issued an $11mn loan to Russian Forest Products (RFP) Group.
Bank VTB has issued an $11mn loan to Russian Forest Products (RFP) Group.
Published: 27.01.2012 16:56
Sberbank may draft 2001 dividend proposals in April
Sberbank managers may formulate their proposals for the 2011 dividend payments in April, head of Russia’s largest state bank, German Gref, told the media.
Sberbank managers may formulate their proposals for the 2011 dividend payments in April, head of Russia’s largest state bank, German Gref, told the media.
Published: 27.01.2012 16:54
US dollar rate flat, euro down 6 kopecks
The US dollar’s weighted average rate in the UTS in next-day settlements remained almost flat at RUR30.3626 by 11.30 a.m. Moscow time (up RUR0.0026).
The US dollar’s weighted average rate in the UTS in next-day settlements remained almost flat at RUR30.3626 by 11.30 a.m. Moscow time (up RUR0.0026).
Published: 27.01.2012 16:53
"FC-Novosti"
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