Search Results for: Russia

BY KEITH NUTHALL
Italy, the Czech Republic and the Russian Federation have suffered particularly serious thefts from museums and other cultural sites according to figures from Interpol. In a new table published by the international police organisation Italy reports a total of 18,715 thefts – far more than any other country – of which 2,875 represented liturgical objects.…

BY KEITH NUTHALL
THE DOMINANCE of fossil fuels in energy production is set to continue for the next 30 years, even growing a little, the European Environment Agency (EEA)’s latest ‘environmental signals’ report has predicted. Despite the European Union’s (EU) efforts to promote renewable energy, it is “not expected to raise its share significantly” of energy production sources, while “nuclear energy is projected to decline”, it predicted.…

BY KEITH NUTHALL
A WIDE-RANGING trade deal between Russia and the European Union (EU) has involved Moscow promising to maintain fixed tariff rate import quotas for fresh and frozen meat and poultry representing around Euro 600 million in sales annually – (15 per cent of the EU’s food exports to the country).…

BY KEITH NUTHALL
THE EUROPEAN Bank for Reconstruction Development (EBRD) is lending Euro 22 million to Serbia & Montenegro’s largest pharmaceutical producer Hemofarm a.d. to launch operations in Russia, its largest export market. The money will help Hemofarm buy new equipment and build a packaging and production pharmaceutical plant in Obninsk, 100 km south-west of Moscow.…

BY KEITH NUTHALL
BULGARIA has announced it will build a second nuclear power plant to replace the outdated Kozloduy power station, which the European Union (EU) insists should be closed by 2006. Construction will take place at Belene, in northern Bulgaria where work started on building a 1,000-megawatt plant in 1987, but ceased in 1991 following environmental campaigns.…

BY KEITH NUTHALL
THE EUROPEAN Bank for Reconstruction and Development (EBRD) is expected next month to rubber stamp plans to lend two Russian SUAL group companies US$75 million to expand production at a bauxite mine and begin work on developing a related alumina refinery and aluminium smelter.…

BY KEITH NUTHALL
THE EUROPEAN Bank for Reconstruction and Development (EBRD) is planning to finance an overhaul of Russia’s electricity transmission system, raising its standards to those applied in western and central Europe, boosting exports of excess power. Its loan package – whose value has yet been set – would finance the installation of a new IT system managing electricity flows (a SCADA/EMS supervisory control and data acquisition/energy management system).…

BY KEITH NUTHALL
RUSSIA’S exporters of grain oriented electrical sheets will be temporarily exempted from European Union (EU) anti-dumping duties (of between 40.1 and 14.7 per cent) on sales to the new 10 EU member countries, to avoid “sharp price increases”.…

BY KEITH NUTHALL
THE EUROPEAN Bank for Reconstruction and Development (EBRD) is expected next month to rubber stamp plans to lend two Russian SUAL group companies US$75 million to expand production at a bauxite mine and begin work on developing a related alumina refinery and aluminium smelter.…

BY KEITH NUTHALL
THE EUROPEAN Bank for Reconstruction and Development (EBRD) has bought a minority stake in leading Russian mineral water company JSC Narzan, in a combined US$12.25 million loan and equity investment. The money will help Narzan expand its bottling capacity, develop new products and supply working capital.…