Search Results for: Russian

BY ALAN OSBORN
SEEN in the context of the past decade, the entry of 10 new member states to the European Union (EU) which took place on May 1 has proved nothing like the disaster for the nuclear industry that was once feared.…

BY KEITH NUTHALL
THE EUROPEAN Investment Bank (EIB) is planning to lend Spanish utility Enagás SA up to Euro 450 million to reinforce and extend the country’s gas transmission network and reserve facilities. These improvements would cover most of the country and are included in the 2002-2011 Spanish National Energy Plan.…

BY KEITH NUTHALL
RUSSIAN cosmonauts are trialling a fast-food snack system designed to preserve freshness in wholesome Mediterranean products, even in the long-term room temperature storage required for six-month International Space Station missions. The Mediet (Mediterranean Diet) experiment uses vacuum-sealed plastic packages of dried tomatoes, mature cheese, piadina bread, peaches and chocolate from Italy on an aluminium ergonomic tray.…

BY KEITH NUTHALL
RUSSIA’S exporters of grain oriented electrical sheets will be temporarily exempt from European Union (EU) anti-dumping duties on their sales to the 10 countries joining the EU this weekend, under a proposed from the European Commission. It has responded to concerns from the exporters that the sudden application of the duties to these eastern and southern European countries would trigger “sharp price increases” making “the product prohibitively expensive for electromagnetic appliances and in installations such as power and distribution transformers”.…

BY KEITH NUTHALL
A FOURTH mining equipment leasing package for Russia has been signed by the European Bank for Reconstruction and Development. This latest agreement will help Japan’s Sumitomo group expand its supplies in Siberia and the Russian far east, through a US$45 million leasing framework, with the bank bearing one third of the risk.…

BY KEITH NUTHALL
MONACO is all about money. A glamorous speck of high-rises looming above the French Riviera, it is famous for wealthy glamour, tax exiles, racing-cars and gambling. Given this cocktail, it is hardly surprising that this, Europe’s second smallest country by geography, has attracted allegations that it has been the site of money laundering.…

BY MARK ROWE
MORE than 4,000 fake Cuban cigars on sale in tobacco stores across in Moscow have been seized in an anti-counterfeit operation. Police from the economic crimes department of Russia’s interior ministry confiscated a total of 20 counterfeit brands worth Roubles 2.8 million (US$1 million).…

BY MARK ROWE
RUSSIAN smokers have undergone a quantum leap in the past 10 years. From smoking the notorious unfiltered Soviet-era papirossi, they now have a wide choice of international brands, for whom this liberalisation has been commercially significant. Russia remains one of the more appealing markets for tobacco companies, with fewer barriers and, for the time being, a fairly laissez faire approach to advertising, as well as a burgeoning middle class with the disposable incomes to afford premium cigarettes.…

BY MARK ROWE
THE RUSSIAN diamond producer ALROSA has obtained a license for exploring diamond deposits in the Irkutsk region of eastern Siberia around lake Baikal. ALROSA has traditionally mined the northern province of Yakutia since the 1940s but those deposits are understood to be nearing depletion.…

BY MARK ROWE
RUSSIAN Aluminium has held talks with the country’s state-owned rail monopoly Russian Railways (RZD) with a view to their cooperation in mining ferrous-titanium ore in Siberia. RZD has invested Roubles 8.5 billion (US$298 million) in building a rail link to the Chineiskoye field in the Chita region, just east of Lake Baikal.…