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    Miners in Tyva Republic to Subsidize Reindeer Breeding

    Mar. 15 – The government of Siberia’s Tyva Republic has asked foreign and domestic miners operating in the region to pay subsidies to local reindeer breeders, according to the republic’s web site. Under the agreement, China’s Longxing and the local Golevskaya Mining Company will allocate 600 rubles (US$20) for the maintenance of each reindeer in[…..]

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    British Rexam to Erect the First Beverage Can Plant in Siberia

    Oct. 21 – Europe’s largest drinks can maker, UK-based Rexam PLC, will build a new beverage can plant in Western Siberia’s Novosibirsk, the city authorities said in a statement. Located east of the Ural Mountains, Novosibirsk is Russia’s third-largest city, after Moscow and St. Petersburg, and the largest city of Siberia, with a population of[…..]

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    Belgium Rezidor to Open Hotel in Novosibirsk

    Apr. 25 – Belgium Rezidor Hotel Group, an international hotel operator, increased its presence in Russia by opening a premier business 150-room Park Inn in Novosibirsk. The operator also plans to open up 10 to 20 more hotels across the country, a company press release said. The first hotel in Siberian Novosibirsk will be developed[…..]

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    The Auction House of Russia to Start Operating in Siberia’s Novosibirsk

    Mar 28. – The Auction House of the Russian Federation will open a sub-office in the Siberian city of Novosibirsk on Wednesday. By the end of the year, the Auction House plans to sell properties worth about US$34.5 billion. The sub-office will put on the market assets of their clients from several regions of Siberia,[…..]

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    Novosibirsk Mortgage Credit on a ‘Post-Crisis’ Mend

    May 10 – Long term commercial mortgage credit issuing grew two times faster on average in the Novosibirsk region than in the rest Russian Federation, reports the Central Bank. Over 40,400 commercial mortgages were issued in Russia between January and March 2010 amounting to a sum total of 48.95 billion rubles. Compared with the same[…..]

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