WASHINGTON, Oct 15 (PRIME)
IMF worsens forecast for Russia’s GDP growth in 2019 to 1.1%WASHINGTON, Oct 15 (PRIME) -- The International Monetary Fund (IMF) has again worsened its Russia’s 2019 growth forecast by 0.1 percentage point to 1.1% following a revision of the average annual oil price forecast, the IMF said on Tuesday in its World Economic Outlook.
PRESS: Aeroflot to cut fleet first time in 12 years
MOSCOW, Oct 15 (PRIME)Russian national flagship carrier Aeroflot plans to reduce its fleet for the first time in 12 years, business daily Vedomosti reported Tuesday citing the company’s documents.
Exec: Rosneft to keep oil, gas output flat on year in 2019
MOSCOW, Oct 15 (PRIME)Russian oil major Rosneft’s oil and gas output will remain almost flat on the year in 2019, First Vice President Eric Liron told reporters on Tuesday.
Norilsk Nickel, Russian Platinum JV can become leading platinum maker
MOSCOW, Oct 14 (PRIME)Arktik Palladiy, a joint venture (JV) between Norilsk Nickel and Russian Platinum, will gradually raise its production to 120 tonnes of platinum group metals per year, making it the world’s top producer, President of Russian Platinum Musa Bazhayev said at a meeting of the Russian–Saudi economic council on Monday.
FOCUS: Major mobile operators channel resources into booming e-sports industry
MOSCOW, Oct 14 (PRIME)In an effort to transform into digital eco-systems, top mobile operators have found a point of growth in computer games and e-sports as half of Russia are gamers. MegaFon teams up with U.S. video game developer Blizzard Entertainment and VimpelCom is going to offer game consoles and subscriptions.
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.