Search Results for: Russia

BY KEITH NUTHALL
BONDUELLE is combining Euro 15 million from the EBRD with its own money to build a Euro 41 million plant producing 60,000 tonnes of fresh packaged vegetables a year, in Krasnodar, southwest Russia.…

Keith Nuthall
FRANCE is giving Euro 40 million to the European Bank for Reconstruction and Development (EBRD) to help it fund Russia’s cleansing of the radioactive contamination in the Barents Sea caused by its aging decommissioned nuclear fleet. The money will be channelled through the nuclear-related budgets of the EBRD-managed Northern Dimension Environmental Partnership (NDEP) Support Fund, the principal financing arm of European Union policies aimed at cleaning up pollution in its neighbours to the north.…

BY MARK ROWE
AUSTRALIAN specialised technology firm Ausmelt has signed a US$9.5 million contract to provide its technology to modernise the Karabashmed copper smelter in Russia’s Urals region. Work on an engineering design for a new Ausmelt furnace and an electric settling furnace will begin immediately and the new plant is set to commence operations in the second half of 2004.…

BY MARK ROWE
THE GERMAN plastic container caps producer Loeffler Kunststoffwerk has announced plans to open a new plant in Russia to create greater capacity for its major clients n the region, which include Proctor & Gamble. Loeffler Kunststoffwerk, a unit of US Seaquist, will open the new plant in Vladimir, just outside Moscow, in the late autumn.…

BY MARK ROWE
THE PARIS-BASED perfume business Sephora is in talks to buy L’Etoile, Russia’s largest cosmetics chain. L’Etoile, which is based in Moscow, has 101 stores in the city and also owns outlets in St Petersburg. The company’s sales amounted to US$90 million last year.…

BY MARK ROWE
RUSSIA’S Vsampo-Avisma Group, Europe’s top titanium producer, is planning to sell as much as 27 per cent of its stock at an initial public offering on foreign exchanges. Moscow-based Troika Dialog brokerage will advise on the sale, according to Vsmpo-Avisma’s deputy general director Vyacheslav Bresht.…

BY KEITH NUTHALL
THE EUROPEAN Commission has been authorised to negotiate a cooperation agreement with China on developing peaceful uses of nuclear energy. With the decision following Beijing’s move to become involved in the international fusion energy project ITER, one of the areas of joint-effort between the European Union (EU) and China will be “controlled thermonuclear fusion.”…

BY KEITH NUTHALL
THE PARLIAMENTARY Assembly of the Council of Europe is debating a plan to extend the European Convention on Human Rights with an additional protocol, guaranteeing European citizens decent environmental standards. If the proposal is carried forward, it would entail international lawyers drafting a clear definition of “a healthy environment” and the convention extension would “oblige states to protect individuals from environmental nuisances harmful or dangerous to health;” it is being promoted by the council’s committee on environment, agriculture and local and regional affairs.…

BY MARK ROWE
IN the days of the Soviet Union, many millions of men and women had a choice of one state-manufactured brand of shampoo, toothpaste or soap. If anything, the authorities managed to limit even further access to such “indulgences” as perfume.…

BY MARK ROWE
RUSSIAN Aluminium has confirmed that it has been in discussion with officials in Sierra Leone about a possible takeover of a bauxite mine in the country.

Officials at Sierra Leone’s Mineral Resources Ministry said that RusAl had put together an investment project for a bauxite mine in southern Sierra Leone and that the plans formed part of a wider strategic co-operation between the government of Sierra Leone and RusAl.…