Search Results for: Russian

BY KEITH NUTHALL
THE EUROPEAN Bank for Reconstruction and Development (EBRD) is expected next month to rubber stamp plans to lend two Russian SUAL group companies US$75 million to expand production at a bauxite mine and begin work on developing a related alumina refinery and aluminium smelter.…

BY KEITH NUTHALL
THE EUROPEAN Bank for Reconstruction and Development (EBRD) is planning to finance an overhaul of Russia’s electricity transmission system, raising its standards to those applied in western and central Europe, boosting exports of excess power. Its loan package – whose value has yet been set – would finance the installation of a new IT system managing electricity flows (a SCADA/EMS supervisory control and data acquisition/energy management system).…

BY KEITH NUTHALL
RUSSIA’S exporters of grain oriented electrical sheets will be temporarily exempted from European Union (EU) anti-dumping duties (of between 40.1 and 14.7 per cent) on sales to the new 10 EU member countries, to avoid “sharp price increases”.…

BY KEITH NUTHALL
RUSSIA’S exporters of grain oriented electrical sheets will be temporarily exempt from European Union (EU) anti-dumping duties on their sales to the 10 countries joining the EU this weekend, under a proposed from the European Commission. It has responded to concerns from the exporters that the sudden application of the duties to these eastern and southern European countries would trigger “sharp price increases” making “the product prohibitively expensive for electromagnetic appliances and in installations such as power and distribution transformers”.…

BY KEITH NUTHALL
RUSSIAN cosmonauts are trialling a fast-food snack system designed to preserve freshness in wholesome Mediterranean products, even in the long-term room temperature storage required for six-month International Space Station missions. The Mediet (Mediterranean Diet) experiment uses vacuum-sealed plastic packages of dried tomatoes, mature cheese, piadina bread, peaches and chocolate from Italy on an aluminium ergonomic tray.…

BY KEITH NUTHALL
THE EUROPEAN Investment Bank (EIB) is planning to lend Spanish utility Enagás SA up to Euro 450 million to reinforce and extend the country’s gas transmission network and reserve facilities. These improvements would cover most of the country and are included in the 2002-2011 Spanish National Energy Plan.…

BY ALAN OSBORN
SEEN in the context of the past decade, the entry of 10 new member states to the European Union (EU) which took place on May 1 has proved nothing like the disaster for the nuclear industry that was once feared.…

BY KEITH NUTHALL
MONACO is all about money. A glamorous speck of high-rises looming above the French Riviera, it is famous for wealthy glamour, tax exiles, racing-cars and gambling. Given this cocktail, it is hardly surprising that this, Europe’s second smallest country by geography, has attracted allegations that it has been the site of money laundering.…

BY KEITH NUTHALL
A FOURTH mining equipment leasing package for Russia has been signed by the European Bank for Reconstruction and Development. This latest agreement will help Japan’s Sumitomo group expand its supplies in Siberia and the Russian far east, through a US$45 million leasing framework, with the bank bearing one third of the risk.…

BY MARK ROWE
ONE of Russia’s leading health and beauty retailers, Pharmacy Chain 36.6, has acquired 73 regional outlets in the southern (Russian Federation) Republic of Bashkortostan. The purchases involve the takeover by 36.6 of the local Leko pharmacy chain in the republic, including 30 stores in the capital city of Ufa and stores in 17 other cities across Bashkortostan.…