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Bolivia hopes to sign deals with Acron, Gazprom soon

Bolivian oil and gas company YPFB and Russian fertilizer producer Acron can agree to create a BORUS joint venture, where YPFB will have 49%, to produce and sell fertilizers in Brazil, the Ministry of Hydrocarbons of Bolivia said in a statement July 13.

PRESS: Rosneft CEO asks for 2.6 tln rbl of Arctic tax exemptions

Igor Sechin, CEO of Russian state-owned oil major Rosneft, has asked President Vladimir Putin for 2.6 trillion rubles of tax exemptions for Rosnefts Arctic projects, where it may invest over 5 trillion rubles, Vedomosti business daily reported on Monday quoting Sechins letter to Putin.

NLMK says April-June steel output falls 5% to 3.992 mln tns

Russian steelmaker Novolipetsk Steel (NLMK) reduced its production of steel by 5% on the quarter to 3.992 million tonnes in AprilJune because of overhaul works at the blast furnace and basic oxygen furnace facilities, the company said in a statement on Monday.

FOCUS: Rush for phablets pushes smartphone sales up to 216 bln rbl in JanJun

Soaring demand for large-screen phones sped up JanuaryJune smartphone sales in Russia by 1012% on the year to 211216 billion rubles, the countrys leading electronics retailers said, adding they expect the upbeat dynamics to persist till the end of the year. Samsung, Apple, Xiaomi, Huawei and Honor still dominate the market.
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YEKATERINBURG, Jul 10 (PRIME) -- German industrial giant Siemens has submitted an official request to Russia's Industry and Trade Ministry to sign a special investment contract on 100% domestic production of heavy-capacity gas turbines by the middle of 2023, President of Siemens Russia Alexander Liberov said in an interview with PRIME on Wednesday.
Central Bank Official Rate
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EUR 70.8574 -0.1540 16 jul
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MICEX Ruble Trading
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USDTD 62.6575 -0.5000 17:44 15 jul