Search Results for: Russian

BY MICHAEL FOX
DIPLOMATS at the United Nations’ headquarters in New York say that the troubled Iraq Oil for Food Programme is in danger of running into serious problems once again unless alleged ambiguities and contradictions in the current system are sorted out.…

BY KEITH NUTHALL
A RUSSIA-European Union summit has agreed that a timetable needs to be established to improve standards in the Russian nuclear industry. The two sides also agreed to frame a future agreement on regulating the import of nuclear materials into the European Union.…

Keith Nuthall
The European Bank for Reconstruction and Development (EBRD) is to invest US$20 million in a Russian tyre manufacturing plant being built by France’s Michelin group; it is, says the bank, the first western tyre manufacturer to establish a Russia-based production line for the local market.…

BY DEIRDRE MASON
THOUSANDS of tonnes of mildly radioactive steel could come onto the European market because of pressure on countries waiting to join the European Union to dismantle their decrepit Russian-built nuclear power stations. Aware of the need to assuage public distrust of even the lowest levels of radioactivity, the European Union’s Joint Research Centre is investigating the levels of radiation likely to be involved in this steel, taken from buildings that do not house the reactor itself.…

KEITH NUTHALL
A STUDY on the environmental performance of Estonia’s two main electricity generators has concluded that significant investment will be required to enable them to attain the European Union standards that they must achieve when the Baltic country becomes a EU Member State.…

BY KEITH NUTHALL
THE EUROPEAN Bank for Reconstruction and Development is joining with Raiffeisenbank Austria to set up a US$12 million pilot leasing facility, to allow Russian mining and construction companies to secure equipment from top mining machinery manufacturer Caterpillar Inc.…

BY KEITH NUTHALL
THE EUROPEAN Environment Agency has claimed that energy use is still rising in the European Union, mainly because of increasing transport consumption and has alleged that the EU’s greenhouse gas emissions could return to their 1990 levels by the year 2010 unless Brussels and Member States take firm action; this would include promoting renewable energy, said the EEA.…

BY KEITH NUTHALL
THE EUROPEAN Bank for Reconstruction and Development is planning to lend Euro 15.9 million to Italy’s Duferco, to fund buy-outs of minority shareholders in Russian grain oriented steel producer VIZ-Stahl. It is already controlled and managed by Duferco, and the bank thinks full-ownership would lead to “full commercial development” by a company “with a clear strategic view on the steel sector and proven ability in acquiring and turning around steel plants.”…

BY RICHARD HURST
SOUTH Africa’s Anglo American has announced that it has acquired a controlling share in Russian pulp and paper company Syktyvkar for US$252 million, with the company’s subsidiary Mondi Europe buying a 68 per cent stake, leaving Anglo with 87.9 per cent of Syktyvkar’s stock.…

BY KEITH NUTHALL
THE CZECH Republic, Slovakia, Hungary, and Bulgaria are cooperating in a project to harmonise their licensing procedures for fuel rods; the four countries are being encouraged to work together by the European Union, as they are the only eastern European countries wanting to join the EU who are operating Russian pressurised water reactors.…