Search Results for: Russia

BY KEITH NUTHALL
BRITAIN, France, Finland, Spain and Germany are joining 15 countries in supplying experts to a new International Nuclear Safety Group, run by the International Atomic Energy Agency (IAEA). The group will provide authoritative advice and guidance on safety approaches, policies and principles at nuclear power plants and other nuclear facilities.…

BY KEITH NUTHALL
EU energy Commissioner Loyola de Palacio has fuelled an ongoing row with environment Commissioner Margot Wallstrom over whether the EU should abide by the Kyoto Protocol. She told the Financial Times that the EU should examine alternative ways of dealing with climate change, while Russia dithers over ratification.…

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 KEITH NUTHALL
AN INTERNATIONAL Internet crime treaty, insisting that 45 countries criminalise computer-based fraud, has come into force following its ratification by Lithuania, the fifth country to do so. The Council of Europe’s Cybercrime Convention covers most European countries, including Russia and other former Soviet republics.…

BY KEITH NUTHALL
THE EUROPEAN Bank for Reconstruction and Development (EBRD) has drawn up plans to lend Euro 22 million to Serbia & Montenegro pharmaceutical company Hemofarm Koncern a.d. (Hemofarm) to finance the construction of a new solid forms packaging and production facility in Obninsk, Russia.…

BY MARK ROWE
MORE than 4,000 fake Cuban cigars on sale in tobacco stores across in Moscow have been seized in an anti-counterfeit operation. Police from the economic crimes department of Russia’s interior ministry confiscated a total of 20 counterfeit brands worth Roubles 2.8 million (US$1 million).…

BY KEITH NUTHALL
FIFTY years after the turn of the tide in the Second World War, the European Parliament is calling for the creation of a comprehensive international legal system to identify the whereabouts of artworks looted by the Nazis, fairly settling ownership and compensation claims.…

BY MARK ROWE
THE RUSSIAN diamond producer ALROSA has obtained a license for exploring diamond deposits in the Irkutsk region of eastern Siberia around lake Baikal. ALROSA has traditionally mined the northern province of Yakutia since the 1940s but those deposits are understood to be nearing depletion.…

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.…

BY MARK ROWE
RUSSIAN smokers have undergone a quantum leap in the past 10 years. From smoking the notorious unfiltered Soviet-era papirossi, they now have a wide choice of international brands, for whom this liberalisation has been commercially significant. Russia remains one of the more appealing markets for tobacco companies, with fewer barriers and, for the time being, a fairly laissez faire approach to advertising, as well as a burgeoning middle class with the disposable incomes to afford premium cigarettes.…