MOSCOW, Jan 30 (PRIME)
Russian cbank cuts key rate to 15%, changes inflation forecastMOSCOW, Jan 30 (PRIME) -- The Russian central bank has reduced its key rate, or the interest rate at weekly repo deals, to 15% from 17% on belief that the current inflation which surged to 13.1% annually on Monday, is of a short-term character, according to a statement published Friday.
Russia appoints Rotenberg’s Stroygazmontazh to build Crimea bridge
MOSCOW, Jan 30 (PRIME)The Russian government has appointed Stroygazmontazh owned by businessman Arkady Rotenberg to construct a bridge across the Kerch Strait separating the Krasnodar Region from Crimea, according to a ruling published on the government’s Web site on Friday.
Yamal LNG to sell $4.6 bln bonds to Russian Fin Ministry
MOSCOW, Jan 30 (PRIME)The board of directors of Russia’s Yamal LNG has decided to sell to the Finance Ministry two bond issues with a total worth of U.S. $4.6 billion in order to raise money from the National Wealth Fund, the company said in a statement on Friday.
Minister: Russia Mechel to get govt backing under anti-crisis plan
MOSCOW, Jan 29 (PRIME)Russian metals giant Mechel will be put on the list of national systemic companies which are to receive state support under the government’s anti-crisis plan, Industry and Trade Minister Denis Manturov told reporters on Thursday.
Expert: Russia’s LTE base stations number triples to 36,700 in 2014
MOSCOW, Jan 28 (PRIME)The number of Long Term Evolution (LTE) base stations built in Russia tripled in 2014 to 36,700 units, according to preliminary estimates, consulting company J’son & Partners Consulting said in a statement Wednesday.
MOSCOW, Jan 15 (PRIME) -- Chinese car producer Lifan will build an engine assembling plant in Russia after 2021, Director of the company’s representation in the country Sun Jiejun told PRIME on Thursday.