Russian privately owned regional air carrier Nordavia has announced it is officially launching its re-branded image, changing its name to Smartavia to emphasize its commitment to new technologies, Rusaviainsider.com reports.
The rebranding will be implemented gradually throughout this year, with the first aircraft sporting the airline’s new livery scheduled for...
German oil and gas producer Wintershall, which is set to complete its merger with upstream company DEA AG by the end of June, plans to expand its projects in Russia, which will remain its core production region post-merger, its CEO Mario Mehren said Thursday, according to Neftegaz.ru.
In a statement,...
Following the acquisitions of broiler company Belaya Ptitsa and meat processor Samson in December, Russia’s biggest meat producer Cherkizovo is reportedly eyeing a takeover of another poultry business – agricultural holding Eurodon, Interfax news agency reported citing sources.
Several other Russian news outlets also reported that Cherkizovo might be...
Russia is considering climate legislation that could give the country a framework for regulating carbon emissions for the first time, Kommersant reported this week.
Russia is the world’s fifth largest emitter of CO2 into the atmosphere. The draft bill would give the government powers to introduce greenhouse gas emission...
Russia’s Finance Ministry has suggested setting aside 112 billion rubles ($1.75 billion) previously assigned for the construction of the Moscow-Kazan high-speed railway, to Novatek’s project, the Utrenniy terminal for the Arctic LNG 2 plant, a source in the Russian government’s Executive Office told RBC.
This information was confirmed by...
The CEO of Russian company Biotrof, the first in the country to develop and sell feed additives, has said he believes that the animal products, feed, and feed additives markets in Russia will develop further in the coming years, All About Feed reports.
In an interview with the news outlet,...
The 2018 core earnings of Russian steel and coal producer Mechel dropped 7 percent versus the previous year, with lower sales in the mining division only partly offset by higher coal prices, Reuters reported citing company data.
The 2018 earnings before interest, taxation, depreciation, and amortization (EBITDA) were at 75.67...
Hungary has agreed with Russian gas giant Gazprom to buy and store its 2020 gas supplies earlier than usual this year to offset the risk of Russia failing to agree to the transit terms with Ukraine, Hungary Today reported on Thursday.
Hungarian Foreign Minister Peter Szijjarto said after meeting...
Russian liquified natural gas (LNG) is well positioned to compete with North American projects to reach new markets in Asia and the Atlantic Basin, Global commodities information provider S&P Global Platts quoted a Shell executive as saying.
LNG is a fuel that has been cooled to liquid form so it...
Russia’s lumber, wildlife and water resources have a combined worth of 6 trillion rubles ($94.2 billion), the Natural Resources and Environment Ministry has estimated, according to RBC.
The Russian economy is heavily reliant on exports of its resources. Last week, the ministry said that the combined worth of its oil,...
