Calculating Chamber to examine leading Russian institutes of higher education
Calculating Chamber will finish wide-scale examination of federal budget use in field of science and education in June 2006.
Norway in women bosses ultimatum
Norway has said it might close down companies that fail to meet proposed boardroom quotas for women.
Bird flu hits oil
Bird flu pandemic can hit oil industry strongly.
Gazprom, Rosneft resume talks on Eastern Siberia and Far East
A remarkable event has occurred in relations between Gazprom and Rosneft. After a long pause, the gas giant`s CEO Alexei Miller met the state-owned oil major`s president Sergei Bogdanchikov.
Russian government approves 2006-`08 RRC investment program
MOSCOW, November 11 - The government has approved the Russian Railways Company (RRC) investment programme and financial plan for 2006 and for the period till 2008, Prime Minister Mikhail Fradkov announced at a Cabinet meeting.
Russian, Kazakh companies sign gas transit agreements
ASTANA, November 11 - Kazakhstan`s state-owned KazMunaiGaz and Russia`s gas giant Gazprom signed two agreements on the transit of Central Asian and Russian gas through Kazakhstan.
Russian leading Silver Miner changes chief for more than $900mln
The owners of Russian metals major Polimetall have sold the company to an investment firm controlled by a member of the State Duma, officials said Friday.
Moscow’s Krushchev-era 5-story blocks to be replaced by 2010
MOSCOW, November 11 - Dilapidating standardized five-story apartment blocks that mushroomed in Moscow and other Soviet cities during the rule of Soviet leader Nikita Khrushchev as instruments of solving the knotty housing problem will be totally replaced by new houses by the year 2010, Moscow’s Deputy Mayor Vladimir Ressin told reporters Thursday.
Crab poaching can cause disappearance of species
VLADIVOSTOK, November 11 -- Russia’s Primorye region proposed to the State Duma to impose a five-year ban on crab fishing in Far Eastern seas in order to stop poaching and restore the reserves of the species, the press service of the regional administration told Tass on Friday.
Who wants to lead Russian motor-car factory?
The maker of the popular Lada cars, AvtoVAZ, has become a favorite of the stock market in recent weeks, with its stock up by more than 44 percent on both of Moscow`s main exchanges after the company`s long-serving board chairman, Vladimir Kadannikov, resigned late last month.
Ford Motor`s employees to stage strike
The so-called Italian strike - when workers do not leave their working places even if bosses order them to do so - is scheduled for this week if last Wednesday`s action fails.
Gazprom, Rosneft heads discuss oil and gas production
MOSCOW, November 11 - The heads of Russian gas monopoly Gazprom and Russian oil giant Rosneft met Thursday to discuss cooperation in the development of natural resources in East Siberia, the Far East and Yakutia, Gazprom said in a statement.
Demand for cash dollars abruptly fell
Demand for cash US dollar has fallen on September almost on one third - to $0,84 bln and for cash Euro demand has increased by 2,8 times - to $0,37 bln.
Russian Central Bank to stop regulating real ruble rate
MOSCOW, November 10 - The Central Bank of Russia could end regulation of the real effective exchange rate of the ruble in the next three to five years, Chairman Sergei Ignatyev said Thursday.
Sberbank takes $1-bln syndicated loan
MOSCOW, November 10 -Sberbank, Russia`s biggest savings bank, signed an agreement Thursday on taking out a $1-billion syndicated loan.
Rusbank refuses from services of Western Union and Travelex transaction systems
Rusbank decided to refuse from services of financial transactions Western Union and Travelex and will work only with MoneyGram.
Russian mobile subscribers up 86% year-on-year
MOSCOW, November 9 - Consulting companies monitoring the situation on the Russian telecoms market reported Wednesday an increase of 86% year-on-year in the number of subscribers in the country.
Strange delicacy
In Chukotka region the factory producing sausages from walrus has opened.
"Failed" Ukraine Far Ahead of Russia
Very often we underestimate the changes occurred in Ukraine lately. Nevertheless, international organizations conducting their monitoring researchers, confirm that Ukraine carries out its general course of reforms not worse and sometimes even better than the other countries including post-soviet and east-European ones.
Russia`s Largest Airport Open for Nationalization
Moscow Ninth Arbitration Court of Appeal declared null and void yesterday, November 8, 2005, the eight-year privatization contract for airport building facilities of Domodedovo - the largest airport in Russia currently managed by East Line Group. The award actually paved the way for Dododedovo nationalization.
Army has advanced to planned development stage - Putin
MOSCOW, November 9 - Russian President Vladimir Putin said Wednesday the armed forces had witnessed a switch from a stage of prolonged transformation to a stage of planned military development this year.
Russian authorities to sell Yukos assets
NOVOSIBIRSK, November 9 - Russia`s Federal Bailiff Service (FBS) is considering selling the frozen assets of embattled oil major Yukos, a senior service official said Wednesday.
Watchmakers Keep Up With Times
Every minute counted in the drama surrounding the Russian Navy mini-sub that became entangled in cables off Kamchatka in August with seven crew members on board. So it seemed rather fitting when Defense Minister Sergei Ivanov presented the vessel`s three British rescuers with Poljot watches as tokens of the nation`s gratitude.
Russian oil company Tatneft reports RAS results
Almetyevsk 19:23:11.Tatneft`s net profit calculated according to the Russian accounting standards increased by 50 percent to RUR29.469bn (approx. USD1.02bn) in January through September 2005 compared with the same period last year.
Train with spent nuke fuel from Bulgaria comes to Russia
KRASNOYARSK, November 9 - A special train with 48 tonnes of spent nuclear fuel from the Kozlodui nuclear power plant in Bulgaria has arrived at the mining and chemical integrated plant in the city of Zheleznogorsk, Russia`s Krasnoyarsk territory. The plant`s sources told Itar-Tass on Wednesday specialists have begun to unload the nuclear fuel.