Russia’s leading producer of tubular products for the oil and gas industry, TMK Group, has announced its operational results for the fourth quarter and twelve months of 2018, Finam.ru reports.
Total pipe shipments grew 6% year-on-year, to 4 010 000 tons (t), mainly driven by higher seamless OCTG shipments...
U.S. investment bank JP Morgan’s trust dedicated to Russian companies, JPMorgan Russian Securities PLC, said on Monday its annual net assets rose and the company outperformed its benchmark, Morningstar reports citing Alliance News.
At October 31, JPMorgan Russian Securities net asset value (NAV) per share stood at $8 per...
Singaporean construction company MMP Resources has engaged a banking institution in Singapore as the firm's financing and capital markets advisor to raise some US$30 million, said in a regulatory filing on Monday, The Straits Times reports.
The banking institution was not named.
As of Jan 21, the firm has...
The world’s largest diamond company, Russia’s Alrosa, has appointed Rebecca Foerster as president of its U.S. operations, a role in which she will work on developing the miner’s polished sales in the country, the company said, according to Diamond World.
Foerster, who was previously executive vice president of strategic planning...
In an interview with Focus Washington, Sheremetyevo’s Chairman of the Board of Directors, Alexander Ponomarenko talks about the perspectives and challenges of one of the busiest airports in Russia.
Focus Washington: Last year, Sheremetyevo surpassed the 45 million passengers traffic mark, and with the company’s long-term development strategy, it...
Russia’s largest vertically integrated meat producer in Russia, Cherkizovo Group, has announced that it has secured a $232 million loan from Alfa Bank to upgrade its pork business, according to Finam.ru.
The money will be used by Cherkizovo-Pork to build, refurbish, and upgrade pig farms, purchase equipment, and acquire breeding...
Russian capital markets reached a significant milestone at the end of December when a Moscow-listed refuse-processing company called Resursosberezhenie KhMAO became the first Russian company to issue so-called “green bonds,” Finmarket reported.
Green bonds are security papers specifically earmarked to be used for climate and environmental projects. The bonds are typically asset-linked and...
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...
The CEO of Ukrainian state gas company Naftogaz, Andriy Kobolyev, says the company has already begun to recover $2.6 billion in debt from Russia's gas monopoly Gazprom that lost a lawsuit filed by Naftogaz with Stockholm arbitration on a gas transit contract, The Kyiv Post reports.
"We have already...
