Russia’s President Vladimir Putin has approved a controversial law allowing the country to “provide stable operation of the Russian Internet (Runet) in case it is disconnected from the global infrastructure of the World Wide Web," state-run news agency TASS reported.
Under the legislation, the government would deal with "threats...
The board of directors of Magnit, one of the leading Russian retailers, approved the appointment of Jan Dunning, former head of direct competitor Lenta, as president of the company, and also approved his election to the company’s board, Magnit announced, according to RIA news agency.
“Magnit announces the approval by...
U.S. car manufacturer Ford will pay around $200 million in cash to workers and suppliers who lose their jobs when the company closes three of its plants in Russia in June, the company said in a statement.
The U.S. automaker officially announced this week it is closing two assembly...
Italian oil and gas contractor Saipem has signed new contracts for onshore infrastructure development and construction in Russia and Serbia valued at $560 million, according to Global Energy Today.
The Russian contract was signed with the Moscow refinery’s operator GazpromNeft and covers the engineering, procurement and construction of a new...
One of the companies financing the controversial Russian Nord Stream 2 pipeline, Austria’s energy group OMV, is optimistic Denmark will approve the project next year and the new gas transport route will start operations in late 2019, RIA news agency reports.
OMV’s chief executive Rainer Seele said in a telephone call...
Sheremetyevo International Airport won an award for strengthening Russia’s national security, Vechernaya Moskva reports.
The airport’s perimeter protection system was recognized as the most innovative industry decision of the year, the news outlet adds.
“A single complex of high-tech systems is in charge of protecting health of life of tens of...
British-Dutch oil giant Royal Dutch Shell has decided to exit the Leningrad region-based Baltic liquefied natural gas (LNG) project led by Russian state gas giant Gazprom, Reuters reported citing the chairman of Shell’s Russian unit.
Shell, which has a long history of energy cooperation with Russia, said earlier on...
The Crimean Bridge, a controversial project connecting the Kerch Peninsula of annexed Crimea and Russia’s Krasnodar region will be opened on May 15 or a day later, as the exact date depends on the schedule of Russian President Vladimir Putin, who will attend the opening ceremony, Gazeta.ru reported.
The 12-mile...
Rosatom, Russia’s state-owned atomic energy corporation, has concluded a number of agreements on cooperation with China in the field of nuclear energy, Kommersant business daily reported.
“Within the signed package of intergovernmental agreements in the nuclear area, framework contracts have also been concluded... for the construction of Tianwan NPP power...
Russian President Vladimir Putin met Wednesday with the winners of the first "Considerable Business" award, some of the country’s brightest entrepreneurs, whose projects have been selected as best from tens of thousands of applicants, Bankir.ru reports.
The best ones were chosen in six nominations: "Early success", "Fast growth", "Innovative...
