MOSCOW TIME: 19.05.2019 17:40:17



Foreign investors show interest in agricultural projects in Crimea

Foreign investors are increasingly interested in potential of the agricultural sector of the republic of Crimea. "At all levels, we are marking the growing interest of foreign investors. We will welcome the participation of Chinese companies in projects in the Republic of Crimea," Russian Deputy Minister of Industry and Trade Alexey Gruzdev said. "Thanks to its environmental conditions and active development of infrastructure this region is of great interest for investment projects...

Modified: 07.05.2019
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Production of Mercedes Benz cars to start in Russia in 2019

Production of Mercedes Benz automobiles will start in the Moscow Region in 2019. "The term of the special investment contract is nine years, with production start scheduled in 2019," Russian Industry Ministry said. German automaker Daimler will invest $260.4 mln into Mercedes plant construction in the Moscow Region: "According to the contract, the investor guarantees investing of at least $260.4 mln into the project," the ministry said. Source:†

Modified: 24.07.2018
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Japanís Hino gets permit to build plant in Moscow Region

Japanís Hino received an authorization to build a truck assembly factory in Khimki, Moscow Region. Investments into the project will total about $15.7 mln, press-service of the regional construction ministry reports. "This project is among a priority ones and is supported by the Construction Promotion Center of the Moscow Region. Its area will ...

Modified: 23.07.2018
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Qatar Airways to formalize Vnukovo airport stake purchase after due diligence

Qatar Airways will initiate the process of formalizing the acquisition of a 25% stake in Moscowís Vnukovo Airport once it wraps up due diligence. The memorandum of understanding for the acquisition of the stake is set to be signed after due diligence is completed. "No, we haven’t signed the memorandum of understanding because we are still in the process of due diligence. Once the due diligence is completed, we will then sign the MOU and then begin the purchasing process," Chief Executive...

Modified: 18.07.2018
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Boeing plans to spend $27 bln on purchases in Russia in next 30 years

Boeing plans to spend a total of $27 bln in the next 30 years on direct purchases in Russia. "Out of $27 bln that we are planning to spend on direct purchases in Russia within the next 30 years, $18 bln accounts for titanium purchases," President of Boeing in Russia and the CIS Sergey Kravchenko said. Currently the company purchases most of titanium products from Russia’s titanium producer VSMPO-Avisma. The respective contract expires in 2022. Source:†

Modified: 18.07.2018
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Investments in the Arctic energy sector

... which is based on local sources of small generation. For more than 140 power plants, Yakutia has to bring in every year about 70.000 tonnes of expensive diesel worth about $128 million. Japan’s Komaihaltec and Mitsui&Co have been negotiating investments in renovation of diesel power plants in the regionís northern districts. The money may be allocated by the Japan Bank for International Cooperation (JBIC) - it finances major infrastructure projects abroad, including in Russia. Yakutiaís northern ...

Modified: 09.06.2018
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Russiaís government commission on foreign investment approves deals worth $3 bln

Russiaís government commission on foreign investment has approved transactions worth a total of $3 bln at a meeting on Saturday, Head of the Federal Antimonopoly Service (FAS) Igor Artemyev told. "We have considered deals worth a total of around $3 bln today," he said. Source:†

Modified: 03.05.2018
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Karelia to have a new port on White Sea

... Oktyabrskaya and the Northern railways with the international transport corridor," the minister continued, though he did not specify when the project would be implemented. Karelia’s Ministry of Economic Development and Industry told TASS "investments in the project are estimated at $270 million." Source:†

Modified: 28.04.2018
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Murmansk governor reports investment growth by 30%

Investments in projects in the Murmansk Region in 2017 grew by 1.3 times year-on-year, reaching $1.75 billion, the regionís Governor Marina Kovtun told. "Due to measures of state support, the investments exceeded 110 billion rubles," she said....

Modified: 27.04.2018
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Budget for Arctic development in 2018 might amount to $13.65 mln

Funding for the development of the Russian Arctic in 2018 might reach $13.65 mln, according to the draft budget for 2018 and the planning period 2019-2020. In 2019, for the same purposes, $99.38 mln were planned, and by $95.03 mln. The state program "Socio-economic development of the Arctic zone of the Russian Federation for the period until 2020 and further prospects" was developed by the Ministry of Regional Development and approved in April 2014. The program coordinated activities...

Modified: 25.04.2018
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Bilateral Relations Between Russia and Sweden Are Gaining Momentum on the Forum Track Bilateral Relations Between Russia and Sweden Are Gaining Momentum on the Forum Track

Anton Kobyakov, Adviser to the President of the Russian Federation and Peter Ericson, the Ambassador of the Kingdom of Sweden, met in Moscow. During the meeting they discussed the participation of the Swedish delegation in the St. Petersburg International Economic Forum (SPIEF) on 24–26 May 2018, including a detailed discussion of the Russian-Swedish panel as part of the Business Programme of the Forum. Heads of the largest Swedish companies will join the delegation from Sweden. Anton Kobyakov...

Modified: 18.04.2018
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Russia's Arctic ore mining district attractive for investors, experts note

The new data on resources of nickel and platinum group metals on the Kola Peninsula, which geologists received after recent research, prove the Monchegorsk mining-ore district is attractive for investors, Managing Director of the geology authority, Rosgeologiya, Oleg Vasin said. "The well-developed infrastructures, the Kola MMC refineries and the ores rich in platinum, copper and nickel - mean this district’s resources will be estimated, and thus the Monchegorsk mining-ore district...

Modified: 17.04.2018
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Moscow, Beijing outline cooperation plans for Russian Far East

... premises, for international companies, for professors of the Far Eastern Federal University, it should be there," Chekunkov said. Chekunkov noted that the project implementation would take about 10 years. Chinese companies will take up to 70% of investments. "When the business plan turns into a feasibility study, it is possible that China Communication Construction Corporation will act as an investor, of course, they will take banks and funds with them," he said, adding that in the ...

Modified: 12.04.2018
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Investments in Murmansk Regionís mining industry to exceed $1.57 bln

The total investments in the Murmansk Regionís mining industries to 2022 may make more than $1.57 bln. "We have the biggest investment programs from the mining companies in the Murmansk Region to 2022," the region’s Deputy Governor Alexei Tukavin ...

Modified: 12.04.2018
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Russia's Nornickel shells out millions of rubles for ecology, educational programs

The Norilsk Nickel Company (Nornickel) will allocate $2.9-3.1 million for development of scientific-technical base of Russiaís four natural parks and for support of social, volunteer and educational ecological programs in 2018. "For 2018, we have planned support of volunteer movements, international, social and educational programs, as well as the program to modernize the scientific base at natural parks "Relic Oaks" in Transbaikalia, "Pasvik" and "Laplandsky"...

Modified: 05.04.2018
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Russian oil and gas companies can invest over $50 bln into fieldsí development in Iran

Investments of Russian oil and gas majors into development of fields in Iran can be over $50 bln, presidential aide Yuri Ushakov told reporters on Monday. "Energy is the most promising sphere for cooperation between Russia and Iran. Leading Russian ...

Modified: 03.04.2018
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Vietnamese Businessmen Will Attend SPIEF And EEF

Russia expects a representative Vietnamese Business delegation at the Saint Petersburg International Economic Forum and the Eastern Economic Forum, the Minister of Foreign Affairs of the Russian Federation Sergey Lavrov reported following the talks with the Vietnamese Minister of Foreign Affairs Pham Bihn Minh. Mr. Lavrov also pointed out that both countries seek “mutual investment expansion along with trade ties”. ďWe are confident that a recently established working group on priority...

Modified: 28.03.2018
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Zara made clothing export contracts with Russian companies ó Deputy Minister

Clothing retailer Zara affiliated with Spainís Inditex, for the first time made contracts for supplies of clothing and footwear made in Russia to Spain, Russiaís Deputy Minister of Industry and Trade Viktor Evtukhov told. "A number of brands of the Inditex group of companies is currently working with 11 factories, with which contracts for goods export to Spain were signed. Orders were placed for contracted manufacturing of goods in Russia, with staff trained under the cooperation format for...

Modified: 23.03.2018
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Russia's Nornickel company announces innovation competition among students

The Norilsk Nickel Company (Nornickel) announced an innovation competition among children and teenagers between 6 and 17 from Chita, Norilsk, Taimyr, Monchegorsk and Pecheneg. "Nornickel announces beginning of the I Make competition among young innovators to attract the youth to inventions and to assist them in forming their ideas into working prototypes and to present them to the society," the company’s press service said on Wednesday. "The competition will feature school...

Modified: 22.03.2018
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Nowadays, the world economy requires greater state involvement to international investment flows to increase the attractiveness and competitiveness of the country. Therefore, the M...

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15.05.2019 Turkey's top exports to Russia: Tomatoes, mandarins and lemons

Turkey exported more than 147 million USD (131 million Euro) worth of fresh fruits and vegetables to Russia in the first three months of the year. Tomatoes, mandarins and l...



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