WASHINGTON, Sep 2 (PRIME)
US blacklists more Russian firms over Ukrainian crisis, Syria, NKorea, IranWASHINGTON, Sep 2 (PRIME) -- The U.S. will include 29 more Russian companies on its black list over a political crisis in Ukraine and several more defense firms because of contacts with Syria, Iran and North Korea, according to documents seen by PRIME Wednesday published on the Federal Register Web site.
PRESS: Russia’s share in world’s GDP to shrink by 2020 – ex-min
MOSCOW, Sep 2 (PRIME)Russia’s share in the world gross domestic product (GDP) will shrink to 2.6% by 2020, the smallest figure since the demise of the USSR, former Finance Minister Alexei Kudrin said in an article he contributed to business daily Kommersant on Wednesday.
Spox: Gazprom not to sign Nord Stream-2 deal this week
MOSCOW, Aug 31 (PRIME)Russian gas giant Gazprom will not sign a shareholder agreement for the Nord Stream-2 pipeline between Thursday and Saturday, spokesman for the country’s president Dmitry Peskov told reporters Monday.
Russia’s Sberbank says mulls debt restructuring with Mechel
MOSCOW, Sep 1 (PRIME)Russia’s biggest bank Sberbank is continuing debt restructuring talks with debt-ridden metals and mining group Mechel and its main creditors and is ready to give Mechel a chance even though the company has not paid anything to the bank for over a year, a representative for Sberbank told PRIME on Tuesday.
Russia’s Supreme Court throws out Rostelecom golden parachute case
MOSCOW, Sep 1 (PRIME)Russia’s Supreme Court has refused to revise a resolution of a lower court that found illegal a decision of the board of directors of telecom giant Rostelecom to pay over 200 million rubles as severance to the company’s former head Alexander Provotorov, according to the high court’s document seen by PRIME on Tuesday.
MOSCOW, Aug 31 (PRIME) -- Russia’s Roseximbank, the state agent bank for guarantees to exports, plans to grant at least 20 billion rubles of loans to support hi-tech exports until the end of 2015, Dmitry Golovanov, chairman of the bank’s management board, told PRIME in an interview published Monday.