DAVOS, Switzerland, Jan 20 (PRIME)
Telenor: No talks to swap 12% in Russia’s VimpelCom ownerDAVOS, Switzerland, Jan 20 (PRIME) -- Norwegian holding Telenor still wants to retreat from the capital of VimpelCom Ltd., the sole owner of Russia’s VimpelCom, but is not in talks to exchange its 12.1% stake for 57.8% in Cairo-headquartered operator Global Telecom Holding (GTH), Telenor’s President and CEO Sigve Brekke said on Friday.
Russian cbank revokes licenses from three regional banks
MOSCOW, Jan 23 (PRIME)Russia’s central bank has revoked banking licenses from Omsk-based Siberian Bank Sirius, ranked 527th by assets as of January 1, Barnaul-based Talmenka-bank, ranked 425th, and the republic of Adygeya-based bank Novatsiya, ranked 416th, the regulator said Monday.
NIGC: Iran invites Russia to build 9th transnational pipeline
MOSCOW, Jan 23 (PRIME)Iran would appreciate Russia’s participation in the construction of the ninth, U.S. $2.5 billion transnational gas pipeline, the head of the National Iranian Gas Company (NIGC) Hamidreza Araghi said on Monday.
Russia’s uncut diamond miner ALROSA boosts sales 33.7% in 2016
MOSCOW, Jan 20 (PRIME)Russian uncut diamond mining giant ALROSA increased sales by 33.7% in 2016 to 40.1 million carats from 30 million carats in 2015, the company said in a statement on Friday.
FOCUS: Russia’s MTS, VimpelCom make shot at flourishing microloan business
MOSCOW, Jan 23 (PRIME)Poor performance and the lack of new clients pushed two of Russia’s four biggest mobile operators, MTS and VimpelCom, into a burgeoning business of microfinancing, while analysts warned of reputation risks for the operators.
MOSCOW, Dec 28 (PRIME) -- Russia’s Federal Antimonopoly Service is considering starting fertilizer trading on a commodities exchange in a pilot mode in September–November 2017 and in a regular mode until 2018, Deputy Director of the authority Andrei Tsyganov told PRIME in an interview published on Wednesday.