MOSCOW, Jul 26 (PRIME)
Turkish president to visit Russia on Aug 9 to resume relationsMOSCOW, Jul 26 (PRIME) -- Turkish President Recep Tayyip Erdogan will visit St. Petersburg on August 9 in order to resume relations with Russia as soon as possible, Deputy Prime Minister Mehmet Simsek told his Russian counterpart Arkady Dvorkovich on Tuesday.
Backaldrin to build 30 mln euro confectionery plant in Moscow Region
STUPINO KVADRAT, Moscow Region, Jul 26 (PRIME)Arvalus, a Russian affiliate of Austrian confectionery Backaldrin, will build a 30 million euro plant in the Stupino Kvadrat special economic zone near Moscow, the company said in a statement late Monday.
Russian min says satisfied with Bashneft sale ideas by VTB Cap
MOSCOW, Jul 26 (PRIME)VTB Capital, the consultant of privatization of Russian oil company Bashneft, has submitted a good scheme of the deal, Economic Development Minister Alexei Ulyukayev said during a meeting with the Federal State Property Management Agency on Tuesday.
Russia’s Mechel swings to 5 bln rbl RAS net loss in Jan–Jun
MOSCOW, Jul 25 (PRIME)Russian metals producer Mechel posted a net loss of 4.63 billion rubles in January–June after a 1.636 billion ruble net profit in the same period last year, as calculated under Russian Accounting Standards (RAS), the company said in a statement on Monday.
FOCUS: Russia’s Tele2 sets up unit for tower infrastructure with possible sale
MOSCOW, Jul 25 (PRIME)One more Russian mobile operator, this time T2 RTK Holding, known under the Tele2 brand, intends to spin off its 10,000 base towers with a possible sale. Some analysts doubt the deal would take place, while others are weighing chances of a merger with other companies amid a consolidation trend.
MOSCOW, Jun 29 (PRIME) -- Russian gas giant Gazprom is very unlikely to agree to state-owned oil major Rosneft’s proposal of an agent agreement on natural gas exports, Rosneft Vice President Vlada Rusakova said in an interview to PRIME on Wednesday.