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Russia suggests short-term prolongation of Ukrainian transit deal

BRUSSELS/MOSCOW, Sep 19 (PRIME) -- Moscow has suggested a temporary prolongation of the contract of transit of natural gas across Ukraine to the E.U. as there are no guarantees that Kiev will timely implement the E.U. legislation for a new contract, Russian Energy Minister Alexander Novak told reporters on Thursday following the trilateral negotiations.

PRESS: UTair suggests it buys over 50% of bank debt with discount

Russian air carrier UTair has suggested that it can buy 50% of its debt from the creditor banks with a large discount, Vedomosti business daily reported on Thursday citing three executives of the banks.

Source: Tax exemption of oil cos to cost budget 1.6 tln rbl in 2019

Russias budget will lose 1.6 trillion rubles in 2019 due to tax exemption of oil companies, and losses from introduction of an added income tax in the sector may exceed 200 billion rubles, a source in the Finance Ministry told reporters on Thursday.

Russias Severstal to invest $6 mln into Arcanum Alloys

Russian steelmaker Severstal has become the lead investor of the latest financing round of U.S. innovative steel alloy producer Arcanum Alloys, Inc., and it will invest U.S. $6 million into the company, Severstal said in a statement on Tuesday.

Russian antitrust head calls on BRICS to think of zero roaming

Director of Russias Federal Antimonopoly Service Igor Artemyev has suggested colleagues from BRICS should think of cancellation of roaming inside the association, comprising Brazil, Russia, India, China, and South Africa, he said on Wednesday.
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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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