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Govt to allot 5 bln rbl to upgrade preretirement age people skills

MOSCOW, Jul 16 (PRIME)
The Russian government plans to allot 5 billion rubles annually to improve the qualification of citizens of a preretirement age, Labor and Social Protection Minister Maxim Topilin said Monday at a meeting of the State Dumas committee on budget and taxes.

Official: Ukraine can cut transit tariff for Gazprom 20% after 19

KIEV, Jul 16 (PRIME)
Ukraine will reduce the gas transit tariff for Russias Gazprom by 20% if the pipeline is fully loaded and the transit contract is prolonged after 2019, CFO of energy company Naftogaz Ukrainy Yury Vitrenko said in a Facebook post on Monday.

MMK to invest 38 bln rbl in environment protection until 2025

CHELYABINSK, Jul 16 (PRIME)
Russias Magnitogorsk Iron and Steel Works (MMK) plans to invest 38 billion rubles until 2025 into environment protection, an MMK representative told PRIME on Monday.

FOCUS: Galloping demand for high-end smartphones seen to reign through 2018

MOSCOW, Jul 16 (PRIME)
Russian retailers revenue from smartphone sales spiked 23% on the year to almost 200 billion rubles in JanuaryJune as tech-savvy buyers were eager to pay extra for additional features, while physical sales added only 13%. The omnipresence of the Chinese brands and popularity of large edgeless displays and the near-field communication (NFC) along with a widening channel of online sales will stay in force in the second half of the year, leading retailers said.
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MOSCOW, Jul 2 (PRIME) -- Digitalization will modernize economies of the Eurasian Economic Union (EAEU) and speed up growth rates of their gross domestic products (GDP), and it will be more advantageous to fulfil the digital agenda jointly, Tigran Sarkisyan, chairman of the board of the Eurasian Economic Commission (EEC), said in an interview, released on Monday.
Central Bank Official Rate
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EUR 72.7955 +0.3296 17 jul
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