MOSCOW, Feb 18 (PRIME)
Fitch affirms Russia’s rating at BBB-, outlook positiveMOSCOW, Feb 18 (PRIME) -- International rating agency Fitch Ratings has affirmed Russia’s long-term foreign- and local-currency issuer default ratings (IDRs) at BBB- with a positive outlook, the agency said in a press release on February 16.
Kremlin hopes Calvey’s arrest not to affect Russia’s invest climate
MOSCOW, Feb 18 (PRIME)The arrest of Michael Calvey, the founder of investment company Baring Vostok, which focuses on investments in Russia, will not affect the country’s investment climate, presidential spokesman Dmitry Peskov told reporters Monday.
Ministry: Sakhalin-1 resumes gas pumping to main pipeline
MOSCOW, Feb 18 (PRIME)Russia’s Sakhalin-1 project has restarted pumping natural gas into the trunk pipeline, as seen by PRIME on Monday in the materials of the Energy Ministry.
PRESS: Zvezda shipbuilding complex may start using Russian steel
MOSCOW, Feb 18 (PRIME)The Far Eastern Shipbuilding and Ship Repair Center Zvezda may begin using Russia-made steel instead of foreign with Magnitogorsk Iron and Steel Works (MMK) and Amurstal among the supplier options, Vedomosti business daily reported on Monday citing participants of a tailored meeting with Deputy Prime Minister Dmitry Kozak.
FOCUS: Market shocked by MTS revision of listing, analysts say Uzbek case may be behind
MOSCOW, Feb 18 (PRIME)MTS has taken investors aback with a plan to review its equity markets strategy and listing, hinting that Russia’s major mobile operator could withdraw its stock from New York and focus on Moscow. Analysts say this may be the way the company is trying to escape a possible heavy fine in an Uzbekistan corruption probe.
MOSCOW, Feb 13 (PRIME) -- Russia’s top bank Sberbank plans to raise lending to small, medium, and large businesses by 13–15% in 2019, while lending to the largest clients will rise by 3–4%, Deputy CEO Anatoly Popov told PRIME on Wednesday.