Inflation in Russia amounted to 0.6%
Premier-minister of Russia Michael Fradkov reported about inflation situation in Russia.
Vneshtorgbank bond issue disappoints analysts
Vneshtorgbank, Russia’s second largest bank, issued a record bond issue of RUR 15 billion at an interest rate of 6.2 percent per annum. An effective yield on the bonds is 6.35 percent.
Ukraine Says No to Poultry
Ukraine experienced a significant price decrease as for poultry products in October, e. g. one may notice a drop in prices by 1,7-22,4% (that is about 11,04-14,50 grivnas per kg) in 22 Ukrainian regions.
Russian sugar producers change to beet
Russian sugar producers have found the way to decrease its prime cost by 15%. They are going to change import stuff sugar-beet and they will cultivate it on their own.
Auction selling Ternopol airport fails in Ukraine
LVOV, November 4 - An auction selling the Ternopol airport was not held in Ukraine on Friday, as not a single bid had been made, press secretary of the regional department of the Ukrainian State Property Fund Larisa Shumilo told Itar-Tass.
Volcker Report Puts Russia at Top in Iraq Wrongdoing
Culminating 18 months of intense and often controversial investigations into allegations of corruption involving the Oil for Food program in Saddam Hussein`s Iraq, the UN`s Independent Inquiry Committee presented its report last week revealing how Russian companies topped a list of 2,500 that paid illegal surcharges and kickbacks to Hussein for the privilege of siphoning off his oil.
Mittal Steel managers meet Kryvorizhstal workers
KIEV, November 4 - Managers of Germany`s Mittal Steel company that recently won an auction for Kryvorizhstal, have visited the Ukrainian steel giant and met with its workers, the German company said Friday.
Armenia to allocate $190,000-plus to build spent nuclear fuel storage
YEREVAN, November 4 - The Armenian government said Friday it had allowed the energy ministry to spend over $190,000 to build a new dry storage of spent nuclear fuel.
Uralsvyazinform registers $175 million bond issue
MOSCOW, November 3 - The Federal Financial Markets Service of Russia (FFMS) said Thursday that it has registered two bond issues of Uralsvyazinform worth 5 billion rubles (about $175 million).
Gold and foreign currency reserves rising again
Russia’s gold and foreign currency reserves were $164.3 billion on October 28, up $1.6 billion from $162.7 billion a week earlier, the Central Bank of Russia reported.
Russia, China space rockets equipped with GLONASS
MOSCOW, November 3 - Russian and Chinese military and civil rockets and spacecraft have begun to be equipped with devices of the global navigation satellite system (GLONASS).
Russia and EU sign steel trade agreement
Russia and the European Union have signed a trade agreement for certain kinds of steel today, the press service of the European Mission in Russia said.
Golden Telecom`s profit up 22% in 9M05
MOSCOW, November 3 - Golden Telecom, Inc. ("GLDN"), a leading facilities-based provider of integrated telecommunications and Internet services in major cities in Russia and the CIS, said Thursday its net income under U.S. GAAP in 9M05 totaled $58.2 million, a 22% increase year on year.
Mortgages set to rise by 2008
The amount of mortgages will increase 7.6-fold by 2008 compared with 2004, to RUR 151 billion (about $5.3 billion) according to the "Affordable and Comfortable Housing for Russians" project, Yuri Tyrtyshov, deputy head of Russia’s federal agency for construction and housing and communal services, said at a conference on Wednesday.
Indian cars in Russia
GAZ switches to Indian engine.
Russia`s iron and steel industry to benefit from WTO accession
The Russian iron and steel industry will likely benefit from Russia`s joining the World Trade Organization
Alexander Ryazanov appointed chief of "Siberian Oil"
The president of "Siberian Oil" Evgeny Shvidler sent in his resignation.
"Siberian Oil" moves to Saint-Petersburg
Within the next few days the president of "Siberian Oil" Evgeny Shvidler is supposed to send in his resignation.
ZIL will be assembled in Latvia and sold in Europe
Joint enterprise will be created in Latvian Elgava will be created before the end of 2005 for promotion of Russian automobiles on east-European market.
Russian economics to be saved by 2 millions immigrants
On October 17 UNO officials presented report on topic "Russia in 2015: goals and priorities of development".
Two international stock exchanges to determine quotation of Russian oil
Two international stock exchanges will determine quotations of Russian oil called Urals. This was announced to journalists by Russian minister of Defense Alexey Kudrin at the end of first day of minister "Group 20" meeting in China.
"Gasprom" goes on record amounts of gas production and export
In 2005 "Gasprom" company goes on record volumes of gas production and export. This was announced by the head of company Aleksey Miller during his meeting with Russian president.
Petr Pimashkov opened new bridge over Bugach river in Krasnoyarsk
On October 14 near meat-packing factory which is on Krasnoyarsk-Elita high way took place new bridge putting into operation ceremony.
Earthquake in Pakistan valued at 1/20 of "Catherine"
The price of reconstruction works in Pakistan after destructive earthquake, which occurred in country on October 8 of current year, amounted to about 5 milliards dollars.
By 2010 rates of mortgage credits to be reduce to 8%
It is planned to reduce rate of mortgage credit to 8% against current 14% by 2010. This was announced by the head of mortgage housing credit agency Aleksandr Semenyka.