Search Results for: Russia

BY KEITH NUTHALL
THE EUROPEAN Commission has approved Germany’s controversial Euro 647 million state aid injection to TotalFina Elf subsidiary Mitteldeutsche Erdöl Raffinerie for constructing the Leuna 2000 refinery in Saxony-Anhalt. Brussels had re-examined the project and has now cleared all aid, including Euro 61.4 million, which had been blocked pending the decision.…

BY MARK ROWE
RUSSIAN veterinary officials have started inspecting US poultry exporters for the first time since new American sanitary guidelines came into force on September 15. Russia, the largest market for US poultry producers, banned imports of American poultry in March over concerns about production methods and salmonella.…

KEITH NUTHALL
THE EUROPEAN Bank for Reconstruction and Development (EBRD) is lending the Russian subsidiary of IKEA US$100 million to finance Russia’s first combined mega-shopping and entertainment complex. It will be built on the outskirts of Moscow and will be Russia’s largest shopping mall, covering 170,000 square metres.…

BY MARK ROWE
RUSSIAN veterinary officials have started inspecting US poultry exporters for the first time since new American sanitary guidelines came into force on September 15. Russia, the largest market for US poultry producers, banned imports of American poultry in March over concerns about production methods and salmonella.…

BY KEITH NUTHALL
THE RUSSIAN government has been pressing the European Union (EU) for a promise that it will not impose cap on its gas imports preventing it buying more than 30 per cent of its supplies from one non-EU exporter, papers released at last week’s EU-Russia summit in Brussels have revealed.…

BY KEITH NUTHALL
THE EUROPEAN Bank for Reconstruction and Development is lending Russia’s largest zinc smelter US$12 million to help it eliminate mercury emissions and drastically reduce emissions of sulphur oxydes. The six -year loan to the Chelyabinsk zinc smelter, is the bank’s second in two years; it will finance the construction of a mercury recovery plant and a sulphuric acid plant under the second phase of a modernisation scheme.…

BY KEITH NUTHALL
THE EUROPEAN Parliament has taken a significant step towards the creation of a European Union (EU) greenhouse gas emissions trading system, as signatory governments of the United Nations (UN) Climate Change Convention gathered to meet in New Delhi this week, (October 23 to November 1).…

BY PHILIP FINE

RUSSIAN officials have asked the United States Department of Agriculture for a more detailed explanation of the recent Pilgrim’s Pride mass meat recall. Russia’s Itar-Tass news agency reported that the Russian Veterinary Service has filed an official inquiry to better understand the October 12 recall of more than 27 million pounds of ready-to-eat turkey and chicken.…

BY MARK ROWE
RUSSIA’S biggest ice cream producer Russky Kholod will launch a factory in Moscow with a projected output of 2,000 metric tons per month in 2003. The company has -modestly – described the plant as “the most modern ice-cream production facility in the world.”…

BY ALAN OSBORN
FOLLOWING “significant reforms” to its anti-money laundering system, Russia

has been removed from the list of non-cooperative countries maintained by

the Financial Action Task Force on Money Laundering, its parent body, the

OECD, has announced.

FATF president Jochen Sanio said Russia had given “strong assurances that

it will bring to a completion this reform process and the

implementation of its anti-money laundering framework.”…