Search Results for: Russian

BY KEITH NUTHALL
WITH security of energy supplies being a key concern of the European Union (EU), and the subject of legislation under discussion in Brussels, it is no surprise that the EU devotes millions of Euros to developing the oil and gas sector of the former USSR.…

BY KEITH NUTHALL
THE EUROPEAN Union (EU) has moved to extend its control of fishing in the Baltic Sea, following the accession of four Baltic eastern European states to the EU last year. With Poland, Estonia, Latvia and Lithuania becoming member states, the Baltic is largely an EU zone, excluding small stretches of Russian territorial waters – off Kaliningrad and St Petersburg.…

BY MARK ROWE
IT is tempting to think that all is well in the Russian cigarette market. And, in fairness, in many ways this is the case. Filter and light cigarettes production is growing, while the manufacture of plain cigarettes and filterless papirossi is decreasing.…

BY MARK ROWE
THE RUSSIAN oil and gas industry is one sector where comparison with the matryoshka doll – the dolls beloved by tourists that open up to reveal a series of ever smaller dolls within – seems particularly apt. Inside the outer doll, which represents the industry as a whole, you find a smaller doll representing Gazprom, the natural gas monolith.…

BY KEITH NUTHALL

RUSSIA has sent another threat to Europe over gas supplies, undermining its reputation as a potential reliable energy partner for its western neighbours. Semyon Vainshtok, the president of Russia pipeline monopoly Transneft has told the daily newspaper Nezavisimaya Gazeta that Russia has "overfed Europe with crude".…

BY KEITH NUTHALL

THE EUROPEAN Parliament has supported proposals to allow Finland re-impose restrictions beer its citizens can import from Russia, because of fears about booming cross-border sales. Under European law, private travellers can normally import 200 litres of beer from third countries into Finland.…

BY MONICA DOBIE
MONTREAL, Canada-based Alcan Inc will invest US$30 million in building a tobacco packaging plant in St Petersburg, Russia. Production will begin before the end of April 2006 with more than 120 people employed at the facility. “The Russian packaging market represents an attractive growth opportunity and is strategically important to Alcan,” said Christel Bories (CORRECT SPELLING), President and Chief Executive Officer of Alcan Packaging, which employs about 73,000 people in 56 countries.…

BY KEITH NUTHALL
WHILE discussions continue over how to ensure the security of energy supplies to the European Union (EU), Brussels institutions are sinking money into one sure bet, eastern Europe and the former Soviet Union. The European Bank for Reconstruction and Development (EBRD), for instance, is lending US$170 million to SOCAR, the State Oil Company of Azerbaijan, to fund two Caspian gas projects.…

BY KEITH NUTHALL
THE EUROPEAN Union (EU) Council of Ministers has approved spending Euro 7.9 million over the next three years on a joint action with the Russian government, aimed at reinforcing the protection of fissile materials at the Bochvar Institute, in Moscow.…

BY KEITH NUTHALL
THE GROWING demand in Russia for urea-formaldehyde concentrate (UFC) to bond wood fibre materials has sparked a US$18 million loan from the European Bank for Reconstruction and Development (EBRD). This six-year financing will enable manufacturer JSC Metafrax to build the UFC plants “needed to meet the growing demands of the Russian wood-processing industry”, said the EBRD.…