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  • Minister Elvira Nabiullina spoke at the 8th Ministerial Conference WTO

    On December 16, 2011 in Geneva Minister Elvira Nabiullina spoke at the plenary session of 8 th Ministerial Conference WTO dedicated to the accession of the Russian Federation to WTO.

    The conference was chaired by Minister of Trade and Investment of Nigeria Olusegun Aganga.  WTO Director-General Pascal Lamy, Chairman of WTO working group of Russian accession Stefan Johannesson and representatives of WTO member countries participated in the 8th Ministerial Conference.

  • Government Initiatives to Promote General Purpose Test Equipment Market in Russia and the CIS

    Russia and the CIS countries are emerging markets offering long-term potential for general purpose test equipment vendors. Government and private investments in infrastructure development and services are poised to generate new opportunities for test equipment vendors.

  • Russian Prime Minister Vladimir Putin Puts First New Hydro-Power Unit into Operation at Sayano-Shushenskaya HPP

    December 19 2011 First New Hydro-Power Unit Put into Operation at Sayano-Shushenskaya HPP JSC RusHydro (ticker symbol: HYDR; MICEX and LSE, RSHYY; OTCQX) announces that the new hydro-power unit #1 has been put into industrial operation at the Company's Sayano-Shushenskaya HPP. Russian Prime Minister Vladimir Putin turned on hydro-power unit #1 using a remote operating console specially installed in the HPP's generator hall. 

  • Leading Russian Mining Company, Mechel, Announces Launch of Universal Rolling Mill's First Line at Chelyabinsk Metallurgical Plant

    CHELYABINSK, Russia, Dec 19, 2011 (GlobeNewswire via COMTEX) -- Mechel OAO MTL +0.01%   , one of the leading  Russian mining and metals companies, announces the launch of the universal rolling mill's first line -- the blooming concaster #5 at Chelyabinsk Metallurgical Plant's oxygen converter shop.

    The blooming concaster #5 with an annual capacity of one million tonnes is due to supply the universal rolling mill with top-quality continuously-cast billets.

  • Minister Elvira Nabiullina participated in the meeting of foreign trade ministers of BRICS countries

    December 14, 2011, Geneva — Minister Elvira Nabiullina participated in the meeting of the foreign trade ministers of BRICS countries (Brazil, Russia, India, China, and South Africa) held in Geneva and timed to opening of the 8th WTO Ministerial Conference scheduled for December 15—17, 2011.

    The meeting participants adopted a common declaration reflecting the viewpoint of BRICS on the current condition of the global trade system.

  • Expert council on technology innovative special economic zones chaired by Deputy Minister of economic development of the Russian Federation Oleg Saveliev has recently held its meeting

    Expert council on technology innovative special economic zones took place on December 14, 2011 at the Ministry of economi? development of Russia.

    The meeting resulted in granting a resident’s status to companies in technology innovative special economic zones in Tomsk, Dubna and Moscow (Zelenograd).

  • Russian Energy Supplier GSR Energo expanding operations

    GSR Energo supplies heat and electricity to more than one hundred enterprises in the Kolpino industrial region and a residential occupied by 144,000 people.

    GSR Energo is expanding operations with the building of a new, energy-efficient combined heat and power plant (CHPP) with rated generating capacity of 220 mWt of electricity and 153,000 gCal/hour of heat, in order to meet growing industrial demand for power. The MRIF investment will finance some of the project.

  • The Central Europe and Russia Fund Inc. Announces Estimated Amount of Long Term Capital Gain Distribution

    The Central Europe and Russia Fund, Inc. (NYSE: CEE) (the "Fund") announced today that the estimated amount of its annual long term capital gain distribution is $2.10 per share. The distribution will be paid in stock except that any stockholder may elect to receive such distribution in cash. The final amount of the distribution, along with the amount of a dividend from net investment income and applicable ex-date, record and payable dates will be announced in December 2011. The Fund does not expect to distribute any short-term capital gains.

  • VimpelCom Appoints Anton Kudryashov Head of Russia Business Unit

    AMSTERDAM, Dec. 15, 2011 /PRNewswire via COMTEX/ -- VimpelCom Ltd. ("VimpelCom" or "the Company") VIP +0.63%   announced today that Anton Kudryashov will join VimpelCom, effective January 16, 2012, as Head of the Russia business unit and General Director of OJSC VimpelCom, and as a member of the Management Board of VimpelCom. Mr. Kudryashov joins the Company from CTC Media CTCM +0.53%   , where  he served as Chief Executive Officer.

  • Russian Deputy Foreign Minister Vladimir Titov Holds Consultations in Finland

    Russian Deputy Minister of Foreign Affairs Vladimir Titov held a meeting in Helsinki with Finland’s Minister of Foreign Affairs Erkki Tuomioja and Secretary of State of the Finnish MFA Pertti Torstila on December 12.

  • Capstone Turbine Corporation and BPC Engineering Execute MOU With Tatneft Oil for 16.2MW of Associated Gas to Energy Projects in Russia

    Capstone Turbine Corporation ( ) CPST +4.00%   , the world's leading clean-technology manufacturer of microturbine energy systems, today announced it has executed a Memorandum of Understanding (MOU) with BPC Engineering and Tatneft Oil to purchase 38 microturbines totaling 16.2MW for multiple associated gas to energy projects in Tatarstan, Russia. In addition, the agreement includes an option for an additional 20MW under the same terms and conditions if ordered by Tatneft before December 31, 2012.

  • Diversified Global Holdings Group Completes Acquisition of Russian Construction Company SibTechServis-N

    ORLANDO, Fla., Dec 13, 2011 (GlobeNewswire via COMTEX) -- Diversified Global Holdings Group Inc. /quotes/zigman/7142118 DGHG -6.48% , an international holdings company, today announced the successful completion of its acquisition of SibTechService-N (STSN). Under the terms of the acquisition, DGHG purchased 100 percent of the outstanding equity of STSN.

  • Retail market in Russia expected to exceed $800bn in 2013

    In 2010, the Russian retail market recovered after the economic slowdown observed during the previous year and increased by 12.9% to RUB 16.5tr ($543.5bn). However, PMR report predicts that in the next few years the market is unlikely to re-establish the pace achieved before the crisis.

  • The Russian Defence Ministry and IRKUT Corporation sign contract on delivery of 55 Yak-130 combat trainers

    On December 7, 2011, Anatoly Serdyukov, Russian Defence Minister, and Alexey Fedorov, President of JSC IRKUT Corporation, signed a contract on delivery of a batch of Yak-130 combat trainer aircraft. Under the contract, IRKUT Corporation will supply 55 Yak-130 aircraft to the Russian Air Force till 2015.

  • Cerus Announces Contracts for 19 New INTERCEPT Blood System Illuminators in Russia

    Cerus Corporation CERS -0.64%   announced today that Russia's Federal Medical-
    Biological Agency (FMBA) has awarded contracts for the purchase of 19 INTERCEPT Blood System illumination devices for blood centers throughout the country. Cerus will supply the INTERCEPT Illuminators through a Russian distributor.

  • Russian Foreign Minister Sergey Lavrov participates in the High-Level International Conference on Afghanistan in Bonn

    The Afghan-chaired and German-hosted High-Level International Conference on Afghanistan took place in Bonn on December 5, with representatives of more than 100 states and international organizations in attendance. Minister of Foreign Affairs Sergey Lavrov headed the Russian delegation. It was the first time that CSTO Secretary General Nikolai Bordyuzha attended an international forum at such a level. Deputy Secretary General of the SCO Mikhail Konarovsky also took part.

  • URALCHEM gives Strong Operating Results in 2011

    The production volume of URALCHEM Holding’s during the first 9 months of 2011 rose by 6%. The production of ammonium nitrate rose by 7%. Due to market conditions, the production of DAP and NPS 14:34:8 has been reduced to zero in favor of increasing the production of more marketable MAP and NPK fertilisers.

    Their output increased by 63% and 18% respectively. The production of other types of fertilisers grew by 107% due to the increase of sales of potassium nitrate and the start of its export sales.

  • Russian-US Expert Meeting on combating smuggling of Nuclear Material

    A meeting of Russian and American experts in an interagency format took place in Moscow on December 2. It was chaired by Russian Deputy Foreign Minister Sergey Ryabkov and US Ambassador to Russia John Beyrle and involved representatives of nongovernmental organizations. Modeling of the situation with an interception of smuggled nuclear material was carried out.

  • Puget Ventures Inc. Engages Syndicate in Prospectus Offering

    PUGET VENTURES INC. ("Puget") (TSX VENTURE:PVS) (the "Company") has announced that it has engaged a syndicate co-Led by Euro Pacific Canada ("Euro Pacific") and Octagon Capital Corporation ("Octagon") and including D&D Securities Inc. ("D&D") to raise a minimum of $5,750,000 and a maximum of $16,000,950 by way of a marketed short form prospectus offering of subscription receipts.

  • Uranium One Announces Final Terms for U.S.$463.5 Million Offering of Bonds in Russia

    Uranium One Inc. ("Uranium One" or the "Company") announced about its  negotiation and definitive commercial terms for a Russian bond offering for gross value  of U.S.$463.5 million having an effective interest rate of 6.74% (the "Offering"). 

    The Offering is scheduled to close on December 7, 2011.

    Chief Executive Officer of Uranium One, Chris Sattler  said “Uranium One looks forward to completing this precedent setting transaction, the first ever issuance of bonds by a foreign public company in the Russian Federation."

  • Black Iron Strengthens International Profile by Retaining Larry King as a Special Advisor

    Black Iron Inc. ("Black Iron" or the "Company") CA:BKI  +9.68%   (frankfurt:BIN) is announced that it has retained the services of internationally recognized media host, Mr. Larry King to provide international advisory and awareness services.

    Mr. King, who had retired from CNN after 25 years as a host of "Larry King Live", is recognized is recognized widely and has won two Peabody Awards, an Emmy Award  and ten Cable ACE Awards for hisworks.

  • Russia and Denmark engage in Political Consultations

    Deputy Minister of Foreign Affairs of the Russian Federation, Vladimir Titov held consultations in Copenhagen with Claus Grube, Permanent Secretary of State at the Danish Ministry of Foreign Affairs, and Michael Zilmer-Johns, Deputy Minister of Foreign Affairs, on November 29. He was also received by Denmark’s Minister of Foreign Affairs Villy Søvndal.

  • ITERA and TsMT SHELF, LLC made a Contract on Drilling Rig

    ITERA Oil and Gas Company and SHELF Marine Technologies Center, LLC (which Center represents an engineering division of the CASPIAN ENERGY Group) got into a contract to provide a viability study related to an engineering solutions of “type of foundation” – “type of a drilling rig” to drill an exploratory well at the marine block 21 in the Turkmen Sector, in Astrakhan of the Caspian Sea on November 30, 2011.

    TsMT SHELF, LLC is a winner of corresponding international tender announced by ITERA in October of 2011.

  • Bergio International Launches Jewellery Boutique in Russia

    Bergio International (OTCBB: BRGO) announced opening of Bergio Boutique in a  Estet Jewelry Store in Petrozavodsk, Karelia, Russia. Estet Jewelry Company is one of the largest jewellery manufacturers in Moscow with having revenues of more than $200 million. Berge Abajian is CEO of Bergio International and he said, "We are very pleased with the continued expansion in Russia which gives Bergio International a strong global presence."

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