Search Results for: Russia

BY KEITH NUTHALL
THE BOOMING demand for beer in Russia has encouraged the European Bank for Reconstruction and Development (EBRD) to lend Euro 7.9 million to help expand and restructure a Turkish-owned bottling plant. The money will be spent on OJSC Pokrov Glass Plant, in northwest Russia, which was bought by Turkey’s Anadolu Cam last March.…

By Alan Osborn
A threatened blockage in the shipment of all animal products from the EU countries to Russia has been averted following an agreement on veterinary certification reached at talks between the European Commission, the Dutch EU presidency and the Russian agricultural ministry.…

BY KEITH NUTHALL
RUSSIA and the European Union (EU) have opened talks on an increase in uranium shipments to the EU, the head of Russia’s federal energy agency has admitted. Alexander Rumiantsev told the Interfax news agency: “Talks are already underway,” adding that Russia could boost its deliveries, without affecting domestic supplies.…

BY KEITH NUTHALL
THE EUROPEAN Bank for Reconstruction and Development (EBRD) is planning to sink US$3 million into buying a 30% equity stake in a new Russian life insurance operation. If Renaissance Life Insurance is successful, it could participate pro-rata in planned capital increases, bringing its total equity investment to US$ 11 million.…

BY KEITH NUTHALL
THE EUROPEAN Commission has rebuffed calls from the European Chemical Industry Council (CEFIC) for increased European Union (EU) tariff protection against dumped styrene-butadiene-styrene thermoplastic rubber (SBS). Furthermore, it has proposed abolishing existing anti-dumping duties on the product on Taiwanese producers.…

BY KEITH NUTHALL
A FORMAL ban on importing fur into the European Union (EU) from animals caught by leghold traps (and others considered inhumane) could finally be written into EU law. The European Commission has proposed a directive transposing international agreements struck in the late 1990’s with Russia, Canada and the USA, committing these countries to phasing out certain traps deemed particularly painful.…

BY KEITH NUTHALL
THE EUROPEAN Environment Agency (EEA) says the old 15 member European Union’s (EU) greenhouse gas emissions fell by 0.5% from 2001-2, following increases in the previous two years. Sadly, proactive anti-global warming measures were not top of the agency’s reasons for the cut.…

BY KEITH NUTHALL
TOUGH and detailed regulations should control the planned exploitation by the oil and gas industry of the Barents Sea, off Russia and Norway, because it could additionally pollute a delicate ecosystem already contaminated with nuclear waste, said the United Nations Environment Organisation (UNEP).…

BY ALAN OSBORN
THE ANNOUNCEMENT of the policy portfolios commanded by the incoming European Commission from November generally spells good news for the European Union’s (EU) ferrous and non-ferrous sectors, senior industry figures have told Metal Bulletin. “In general … we are quite happy with the commissioners who will be responsible for industry”, said Gordon Moffat, director of the association of European iron and steel industries Eurofer.…

BY KEITH NUTHALL
THE EUROPEAN Bank for Reconstruction and Development (EBRD) is investing up to Euro 17.5 million in the Russian subsidiary of French dairy group Danone, allowing it to more than double annual production in Russia to 310,000 tonnes by 2007.…