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Russias UWC plans to offer shares at 700 rbl/share within IPO

Russias United Wagon Company (UWC) plans to sell 14% of capital in an initial public offering (IPO) on the Moscow Exchange at 700 rubles per share, according to the companys data seen by PRIME on Tuesday.

Source: Gazprom, CNPC unlikely to sign Western route deal in May

Russian gas giant Gazprom and Chinas CNPC are unlikely to sign a deal on gas supplies through the western route in early May, government and industry sources told PRIME Tuesday.

Russias Mechel about to sign restructuring plan with Gazprombank

Russian metals and mining group Mechel is about to sign a restructuring plan with Gazprombank, one of its largest creditors, the companys CEO Oleg Korzhov said during a conference call on Tuesday.

Russian deputies want taxes charged on Google, eBay, PayPal

Communist Party deputies of Russias State Duma, the parliaments lower house, have found grounds to charge taxes on Google, eBay and PayPal and suggested the Federal Tax Service look into the matter, PRIME reported Tuesday.
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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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