Wednesday, 17.10.2018
Japan’s Suntory intends to resume the production of its brand of soda Orangina in Russia after the company terminated the license agreement with the Moscow brewing company that produced the drink and is looking for a new partner, RBC reports. Representatives of the Japanese Suntory Holdings came to Russia...
The Moscow Exchange will begin trading of deliverable gold futures on its Derivatives Market. The new contract will link Moscow Exchange’s Precious Metals and Derivatives markets as gold will be delivered via the Precious Metals Market spot section. The contract will be quoted in rubles per gram and will expire...
India will finally acquire the S-400 Triumf, the world's most lethal surface-to-air missile system, from Russia in spite of a threat of sanctions from the U.S., CNN reports. The deal was signed between Prime Minister Narendra Modi and Russian President Vladimir Putin on Friday. Putin arrived in India on...
South Africa-based mining equipment supplier Weba Chute Systems has appointed Russian polyurethane producer Somex as its licensee in Russia, the company said on Tuesday. Weba Chute’s managing director Mark Baller says the selection of Somex as its partner in Russia is in line with the company’s long-term goal of...
As the number of internet users in Russia continues to grow, the trend is driving the country’s used car market forward, according to a report by Ken Research. The report explains that used cars in Russia are mostly sold through online platforms which directly connects customer to customer, meaning that...
Russian Industry and Trade Minister Denis Manturov has said the development of industry in Russia and China and their cooperation in the sphere draws dissatisfaction from Western countries. Manturov was speaking to reporters in the southwestern Chinese city of Kunming on Friday, according to RIA news agency. "You can see...
Russian petrochemicals producer Sibur has expanded its plant in Voronezh which enabled it to increase production of styrene copolymer-based thermoplastic elastomers at by 50,000 metric tons per year, Neftegaz reports. Through the expansion, the site, which already produces about 85,000 tons of TPEs per year, will see the addition of new...
Russia’s diamond producer Alrosa has started a rough diamond auction in New York, presenting 81 large gem-quality diamonds over 10.8 carats each, including unique stones transparent 98-ct diamond with a yellowish hue and a diamond weighing over 100 carats, the company said in a statement on Tuesday according to...
Russian gold miner Nordgold has formally launched its third mine – the new Gross operation in Yakutia, Russia, which will turn the company into a one-million-ounce a year producer, The Mining Journal reported. The Gross mine will operate for 17 years and is expected to add 200 000 oz/y of gold to...
Russia’s largest gold producer, Polyus, is set to increase production to 2.8 million troy ounces while reducing its capital expenditure in 2019, its CEO Pavel Grachev told Reuters. The company’s output this year is on track to reach the upper end of its forecast range of 2.375-2.425 million troy ounces,...