About: Russia Briefing

Showing 10 of 1306 articles
  • by

    France’s Air Liquide to Invest in Russia

    Oct. 11 – France-based Air Liquide Group, a world leader in industrial gas and services, announced the signing of a long-term agreement with RusVinyl – a joint venture between a leading Russian chemical company Sibur and the Belgian polyvinyl chloride (PVC) producer SolVin. According to the company’s press realize, Air Liquide will supply oxygen, nitrogen[…..]

  • by

    IKEA to Freeze New Investment into Russia

    Oct. 8 – Sweden’s IKEA Group, one of the world’s largest home product retailers, turned down its plan to invest up to US$1 billion in the construction of a giant shopping complex in Moscow. The shopping complex was expected to be the largest in Europe with a total area of 400,000 square meters over 50[…..]

  • by

    Norwegian Developer to Invest US$28 Million into Krasnodar Region

    Oct. 7 – Norwegian developer Nordik Ltd. has finished working out the project documentation of shopping and entertainment center Nordik-Abinsk, which is going to be erected in the Krasnodar region’s small town of Abinsk, Russian weekly Kommersant-Yug Rossii reports. The construction is planned to start in the first quarter of 2011 with the erection period[…..]

  • by

    Alrosa to Hold an IPO Next Year

    Oct. 6 – Alrosa, the world’s largest diamond-mining company, may hold an initial public offering next year that could value the company at between US$7.3 billion to US$9 billion, Vedomosti reports, citing an unidentified company official. The company may only conduct an IPO after it is converted from a closed joint stock company into an[…..]

  • by

    Regulator to Limit Foreign Ownership of Russian Stock Market

    Oct. 5 – The European Bank for Reconstruction and Development (EBRD) aims to buy a 10 percent stake in Moscow’s oldest bourse, the Russian Trading System Stock Exchange (RTS). In July 2010, the EBRD announced plans to team up with an unnamed Russian bank to buy stock of the Russian Trading System Stock Exchange (RTS)[…..]

  • by

    Russia’s Gold Miners Want More Foreign Investors

    Oct. 1 – Gold miners asked the Russian government to raise its threshold for strategic gold deposits to boost national reserves and production mining, executives said Thursday at the sixth Russia-CIS Mining and Exploration Forum 2010. Fields with more than 50 metric tons of gold are considered strategic, requiring extra government approvals. The government should[…..]

  • by

    Russia’s S7 Airlines to Join Oneworld Alliance

    Sept. 28 – Siberia S7, Russia’s leading domestic airline, will join Oneworld, one of the leading global airline alliances, starting November 15. British Airways, which recommended S7 for introduction into the alliance, has been supporting Siberia through its 18-month alliance implementation project as its Oneworld sponsor airline, with working groups covering some 35 streams of[…..]

  • by

    Hyundai Starts Up St. Petersburg Car Assembly Plant

    Sept. 27 – Hyundai Motor launched its first Russian full-cycle car assembly plant in St. Petersburg. The company invested a total of US$500 million in the facility, which will work in pilot mode until the end of this year and start commercial production in January. Production at the plant will include stamping, welding, painting and[…..]

  • by

    Rosneft and CNPC to Build US$5 Billion Oil Refinery in Tianjin City

    Sept. 23 – OAO Rosneft, Russia’s largest oil producer, and China National Petroleum Corp. will invest around US$5 billion in a joint oil refinery in the Chinese port city of Tianjin. Russia’s Deputy Prime Minister Igor Sechin, who is also Rosneft’s board chairman, joined Chinese Vice Premier Wang Qishan in the future refinery town of[…..]

  • by

    Russia to Attract US$800 Million Investment from UAE

    Sept. 22 – Russian Technologies (Rostehnoliogii), a state-run industrial corporation, signed agreements on Friday with two companies from the United Arab Emirates – the ports and logistics unit of Crescent Group and real estate developer Damac. “The Russian market is attractive enough to the Arabian investors. In particular the Russian power industry contains a number[…..]

Showing 10 of 1306 articles