Search Results for: Russia

BY KEITH NUTHALL
RUSSIAN iron pellet maker Karelsky Okatysh is likely to receive a US$60 million loan from the European Bank for Reconstruction and Development (EBRD) to refinance short-term indebtedness and improve the standard of its machinery.

The money would pay for the “maintenance, modernisation and upgrade (increased efficiency)” of existing plant, said an EBRD note, which added that the debt relief would help the restructuring of Karelsky.…

BY KEITH NUTHALL
A HIGH level meeting involving the European Union’s (EU) most senior energy official and Russia’s vice-prime minister has kick-started moves to interconnect the EU and Russian power grids, leading to a final decision on the technical means by 2007.…

BY KEITH NUTHALL
THE EUROPEAN Union (EU) Council of Ministers has approved the extension of an existing steel market access deal with Russia, widening it to cover two boron-alloyed flat products. As a result, for 2003, EU import quotas of 20,000 tonnes are to be opened for alloyed quarto plates, rising to 20,500 tonnes next year, while quotas for 95,000 tonnes of alloyed cold rolled and coated sheets will be opened for 2003, rising to 97,375 next year.…

BY KEITH NUTHALL
THE EUROPEAN Union must not only build additional electricity interconnection capacity between its own Member States, but also with countries to the south in north Africa and to the east in eastern Europe, the latest EU heads of government meeting in Brussels has concluded.…

BY KEITH NUTHALL
THE UNITED Nations (UN) ‘fourth committee’ (on special political affairs) has started debating atomic radiation, based on a report on the subject by the UN scientific committee. It warns that ill health is still being created worldwide by environmental ionizing radiation, notably in the Ukraine, Russia and Belarus because of the Chernobyl disaster.…

BY MARK ROWE
RUSSIA has called on Thailand to cut import tariffs on non-ferrous and ferrous metals to help boost trade between the two countries. Alexei Kudrin, Russian Deputy Prime Minister and Minister of Finance said that if tariffs were lowered, Russia would increase imports, particularly of non-ferrous metals, steel and iron, which constitute the lion’s share of Thai imports from Russia.…

BY KEITH NUTHALL
ENHANCED powers, responsibilities and resources are being proposed for the new European Maritime Safety Agency to enable it to fight tanker pollution. The European Commission has proposed that it should buy or lease specialist anti-pollution vessels. It also wants its work expanded to cover maritime security and seafarer training.…

BY KEITH NUTHALL
A SHARP public spat over the Kyoto Protocol has soured relations between the European Union’s (EU) environment Commissioner Margot Wallström and energy Commissioner Loyola de Palacio. The social democrat Swede criticised her Spanish conservative colleague in an undiplomatic briefing to journalists in Brussels, following de Palacio’s comments that the EU might have to reconsider supporting Kyoto, given Russia’s reluctance to ratify it.…

BY KEITH NUTHALL in Paris, ALAN OSBORN in London, MARK ROWE in Singapore, ED PETERS and DON GASPER in Hong Kong, RICHARD HURST in Johannesburg, MONICA DOBIE and PHILIP FINE in Montreal, MATTHEW BRACE in Brisbane and ALEX SMAILES in Port of Spain.…

BY KEITH NUTHALL
BONDUELLE is combining Euro 15 million from the EBRD with its own money to build a Euro 41 million plant producing 60,000 tonnes of fresh packaged vegetables a year, in Krasnodar, southwest Russia.…