Search Results for: Russia

BY KEITH NUTHALL
THE EUROPEAN Bank for Reconstruction and Development (EBRD) is planning to lend Euro 15 million to NPO Petrovax Pharm, a Russian niche pharmaceutical company, so it can build a green field plant near Moscow making new generation influenza vaccines for the ex-USSR market.…

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
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 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
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 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.…

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
THE EUROPEAN Commission has asked all EU member states to immediately ban imports of feathers and live birds from Russia and Kazakhstan because of confirmed outbreaks of bird flu.…

BY KEITH NUTHALL
THE NEW Dutch presidency of the European Union (EU) is to press for political agreement over the proposed directive on security of electricity supply, drawn up following last year’s power failures. It would require member countries to define targets on the security of their transmission and distribution networks and increase investment in cross-border electricity interconnectors, although substantial redrafts are expected to secure a deal.…

BY KEITH NUTHALL
THE EUROPEAN Union (EU) Council of Ministers has told the European Commission it wants a deal struck with Russia by September 30 on agreeing a veterinary certification system for EU meat exports that is acceptable to Moscow. Ministers supported the stance so far taken by the Commission in technical discussions with the Russian government.…