MOSCOW TIME: 19.04.2019 11:31:51

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Russian Economy Ministry expects investments growth to decline in 2019

Equity investments growth are expected to decline from 3.5% in 2018 to 3.1% in 2019 with further acceleration to 7.6% in 2020. Investments are expected to grow by 6.9% in 2021 and will be at the level of 6.4% per year in 2022-2024. The† Russian Ministry of ...

Modified: 05.07.2018
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Russia, China sign agreement establishing investment fundís management company

Russia and China have signed an agreement on establishing a management company of a five bln yuan ($781 mln) investment fund at the Russian-Chinese Forum on Inter-Regional Cooperation in Chinaís Harbin. The project is being implemented with the support of the Russian-Chinese Inter-Regional Council and its Russian Co-chair Dmitry Mironov, the Yaroslavl region governor. Executive Secretary of the Russian-Chinese Friendship Committee’s Inter-Regional Council Artyom Semyonov told TASS that the...

Modified: 18.06.2018
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Azerbaijan invested over $1B in Russiaís economy

Azerbaijanís total investments in Russia exceed $1 billion, Azerbaijani Economy Minister Shahin Mustafayev said at the opening ceremony of Azerbaijanís business center in Russiaís Astrakhan city. He said that Russian investments in Azerbaijan’s economy reached $4 ...

Modified: 18.06.2018
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Gazprom Group increases its investment plan in 2018 to $32.31 bln

The total volume of implementation of investments by Gazprom Group in 2018, according to the investment program, for gas, oil, electricity and heat-generating assets increased to $32.31 bln from $31.8 bln, indicated in the Q4 of 2017, according to the companyís report. The total volume of ...

Modified: 01.06.2018
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Gazprom to invest about $1.3 bln in geological exploration in 2018

... Cherepanov, a member of the holding's management board said. "As for 2018, the parameters are approximately comparable (with the indicators of 2017) - about 83 billion rubles," he said. Cherepanov also noted that last year the holding's investments in geological exploration amounted to $1.4 bln. Source:† www.tass.com

Modified: 15.05.2018
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Kola MMC invests $2.53 million in Monchegorsk plantís modernization

The Kola MMC (a part of the Norilsk Nickel Company, Nornickel) will modernize the electricity supplies system at its divisions in the Murmansk Regionís Monchegorsk. The project for 2018, where investments are $2.53 million, will improve reliability of the industrial facilitiesí electricity supplies, the companyís press service said. "In Monchegorsk, the Kola MMC has finished the first stage of reconstructing the distributing substation,...

Modified: 14.05.2018
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THE WINNERS OF THE FAR EASTERN HECTARE CONTEST WILL PRESENT THEIR PROJECTS AT EEF 2018

Agency for the Development of Human Capital in the Far East (HCFE) launched the contest of ideas and projects called The Far Eastern Hectare. The authors of the best ideas for the development of free land plots in each of the five contest nominations will receive 100 000 roubles and the opportunity to present their projects to investors at the IV Eastern Economic Forum, which will take place in Vladivostok on 11-13 September. “We are hosting this event for the third time but unlike the previous...

Modified: 04.04.2018
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Rusnano may attract $3.9 bln of private investment by 2023

... development strategy of Rusnano includes two development scenarios. According to one scenario, the existing business model involves investing in nanotechnology through the creation of new funds and will attract up to 150 bln rubles ($2.6 bln) of third-party investments by 2020 and up to 170 bln rubles ($2.89 bln) by 2023. Another scenario involves selling Rusnano management company to private investors - this will additionally attract 55 bln rubles ($955.74 mln) of foreign investments by 2023. In general,...

Modified: 30.03.2018
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FAR EAST SEES FIRST GROWTH IN FIXED INVESTMENT

New investors allocated RUB 92.5 billion to the economy of the Far East in 2017, marking the first-time growth in fixed investments that has been recorded in the macroregion, which now accounts for 26% of all foreign investments in the country, the press service of the Ministry for the Development of the Russian Far East reported. Other positive changes that occurred ...

Modified: 02.03.2018
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