MOSCOW, May 16 (PRIME)
CBR head sees no need for exchange policy change to weaken ruble
MOSCOW, May 16 (PRIME) -- The Central Bank of Russia’s (CBR) Chairman Sergei Ignatyev said on Wednesday that there is no need to change the country’s exchange policy in order to weaken the value of the ruble as the move would be counter-productive.
Russian Acron unit may acquire up to 66% in Polish Azoty Tarnow
MOSCOW, May 16 (PRIME)
A unit of Russian mineral fertilizer producer Acron, Norica Holding Sarl, sent an offer to acquire a stake of up to 66% in Polish company Zaklady Azotowe w Tarnowie-Moscicach S.A. or Azoty Tarnow, Acron said in a statement Wednesday.
Russia’s Lukoil, KazMunaiGaz agree on exploration in Kazakhstan
MOSCOW, May 16 (PRIME)
Kazakhstan’s KazMunaiGaz and Russian top oil major Lukoil signed on Wednesday a memorandum to explore a non-licensed area in Kazakhstan, KazMunaiGaz said in a statement.
Russia’s Interros cuts stake in Norilsk Nickel to 28.08%
MOSCOW, May 16 (PRIME)
Russia’s Interros holding, which is controlled by billionaire businessman Vladimir Potanin, has decreased its stake in metals giant Norilsk Nickel to 28.08% as a result of the company’s buyback offer held in late 2011, based on Norilsk Nickel’s statement seen by PRIME Wednesday.
Russian customs regulator abolishes zero import duty on iPads
MOSCOW, May 16 (PRIME)
Russia’s Federal Customs Service has abolished a zero import duty on Apple’s iPad tablet PCs equipped with a GPS module, according to an order signed by the watchdog’s Director Andrei Belyaninov, RIA Novosti reported Wednesday.
INTERVIEW: Russian Agricultural Bank loan portfolio to reach 2 tln rbl by 2015
MOSCOW, Apr 28 (PRIME) -- Russian Agricultural Bank expects its loan portfolio to amount to 1.5 trillion–2.0 trillion rubles by 2015 with a bulk of the accounting associated with the agricultural complex, the bank’s CEO Dmitry Patrushev told PRIME in an interview Saturday.
