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BMW delays construction of full-cycle plant in Russia for 1 year

German carmaker BMW has postponed the terms of construction of a full-cycle plant within a car cluster of Russian carmaker Avtotor in the city of Kaliningrad for one year due to unfavorable market conditions, a representative of Avtotor told PRIME on Tuesday.

Russian ministry offers shelf exploration permits for pvt cos

Russias Natural Resources and Environment Ministry has proposed to introduce licenses on sea shelf exploration for private oil and gas companies, Minister Sergei Donskoi told PRIME on Thursday.

Russias Sberbank in talks to sell Mechels debt to investors

Russias Sberbank is holding talks to sell the debt of metals and mining group Mechel to some domestic investors, First Deputy CEO Maxim Poletayev said at a news conference Wednesday.

IBS, DEPO, Parallels, Naumen create 1st Russian platform for servers

IBS, a leading software and IT services supplier to Russia, jointly with DEPO Computers, Parallels and Naumen, has launched onto the market a Russian platform for servers under the Skala-R brand with investments amounting to 600 million rubles, the partners told reporters Friday.
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MOSCOW, Apr 23 (PRIME) -- Basel Aero, which manages airports in Russias Krasnodar Region, is in negotiations with Chinese airlines on direct connection between Beijing and the Black Sea resort of Sochi, CEO Leonid Sergeyev said in an interview told with PRIME published Thursday.
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