Search Results for: Russia

BY KEITH NUTHALL
MEPs are heading off a move by European Union (EU) ministers to agree without consultation pared-back legislation on guaranteeing the security of gas supplies during a European crisis. The European Parliament’s industry committee has voted narrowly to refuse a EU Council of Ministers bid to approve the heavily amended legislation without further input from MEPs.…

BY MARK ROWE
IKEA’s store in the Russian city of St. Petersburg will undergo an environmental audit to avert the threat of closure by the country’s Natural Resources Ministry. Facing the unlikely scenario of the Swedish furniture giant having to close a branch by breaking Russian environmental laws, IKEA has hired a firm to conduct the audit to comply with state regulations.…

BY KEITH NUTHALL
2) An ageing, rusty Russian oil tanker has left Latvia, despite European protests. Spain and the European Commission, which have expressed grave fears about the single-hull Geroi Sevastopolya, had asked the Baltic state to halt its departure from the Ventspils port and immediately adopt an EU ban on such vessels.…

Keith Nuthall
THE EUROPEAN Bank for Reconstruction and Development (EBRD) has drawn up plans to lend up to US$12.25 million to JSC Narzan, a leading Russian mineral water producer, based in Kislovodsk, the Stavropol region. The financing would help Narzan expand bottling capacity, develop new products and satisfy working capital needs, said an EBRD memorandum.…

BY KEITH NUTHALL
THE EUROPEAN Commission is investigating a proposed deal effectively allying the European Union’s (EU) two companies enriching uranium for the nuclear industry. Brussels fears the purchase by France’s Areva of a 50 per cent stake in the Enrichment Technology Company from German-Dutch-British Urenco could cut competition and raise nuclear fuel prices, given enrichment represents about 35 per cent of fuel production costs and seven per cent for nuclear electricity generally.…

BY KEITH NUTHALL
SUPPORT has been secured within the European Parliament for a proposed increase in the borrowing ceiling for the European Union’s (EU) nuclear energy arm Euratom, raising it from the current Euro 400 million to 600 million. The approval did not come without strings however, with MEP’s calling for Euratom to be restricted in its spending of this money to projects improving safety, decommissioning plants or establishing storage and disposal facilities for radioactive waste and spent fuel.…

BY KEITH NUTHALL and MARK ROWE
THE STANDING Committee for the Food Chain and Animal Health of the European Union (EU) has extended until August 15 the suspension of EU imports of fresh chicken meat and chicken products from Thailand because of the bird flu outbreak.…

BY KEITH NUTHALL
RESERVE anti-dumping duties against two Romanian producers of certain seamless pipes and tubes of iron or non-alloy steel are to be re-imposed, even though they had last year been declared illegal by the European Court of Justice.

Judges had ruled last January that the European Commission made administrative errors when fixing the level of protection required for European Union (EU) producers from exports made by Petrotub SA and Republica SA.…

BY KEITH NUTHALL
EUROPEAN Union (EU) ministers have been asked by the European Commission to impose definitive anti-dumping duties of 23.6 per cent on imports from Russia of imports of silicon (with silicon content less than 99.99 per cent by weight).…

BY MARK ROWE
The Russian book market saw brisk business in the run up to Christmas, with the heavyweights of Russian literature holding their own against the increasing popularity of modern literature, particularly a number of new works by female authors.…