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Avtovaz plans to produce 500,000 cars in 2024-2025
MOSCOW. Nov 15 (Interfax) - The board of directors of Avtovaz has confirmed the company's production plan for 2025 at 500,000 cars, and its investment program will total 45 billion rubles, the Russian government's press service said. First Deputy Prime Minister Denis Manturov chaired a meeting of the company's board of directors. "The investment program of …
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Moldovan authorities to merge Chisinau, Marculesti airports, create transport hub
Karachaganak Petroleum Operating head to lead North Caspian …
ASTANA. Jan 22 (Interfax) - Giancarlo Ruiu, general director of Karachaganak Petroleum Operating B.V. (KPO), will take over in March 2024 the responsibilities as the new managing director of North Caspian Operating Company (NCOC) from Olivier Lazare, who has led NCOC since June 2021, NCOC said in a Monday press release. "Under Olivier's leadership, NCOC elaborated growth projects and secured ...
Russia's Rolf interested in incentives from govt when going public ...
MOSCOW. Dec 27 (Interfax) - The Rolf dealer holding could hold an IPO in 2025-2026 and is interested in measures to support public companies from the government, the group's first deputy general director Svetlana Vinogradova told Interfax. "At the Russia Calling! forum, the president said that an IPO should be linked to some kind of subsidies, especially for …
SIBUR nearly doubles investments to 440 bln rubles in 2024
MOSCOW. Dec 27 (Interfax) - SIBUR's investments in 2024 exceeded planned values and reached 440 billion rubles, SIBUR CEO Mikhail Karisalov said in an interview with Rossiya 24 TV. "At the start of the year, we saw the budget as being 1.7 to 1.8 times bigger in 2024 [compared] to 2023. In fact, the investment budget in our company …
Russian banks subject to U.S. sanctions operating as usual, BCS …
MOSCOW. Nov 22 (Interfax) - The large Russian banks that came under U.S. sanctions on Thursday have said that they would continue operating as usual, and BCS Bank has recommended that clients not transfer funds in foreign currency owing to the risk of their being blocked. BCS Bank also recommends updating the mobile app to the latest version within 24 hours and not deleting it from mobile ...
Sugar exchange trading in Russia totals nearly 300,000 tonnes in …
MOSCOW. Dec 27 (Interfax) - Sugar exchange trading in Russia has grown nearly fivefold since its launch in 2020 to total around 300,000 tonnes in 2024, with the launch of the sugar exchange index rendering formation of the price indicator for the product more transparent, the Federal Anti-monopoly Service (FAS) said. The press release indicates …
Russia extends export quotas for fertilizers until May 31, 2025
MOSCOW. Oct 23 (Interfax) - The Russian government has extended export quotas for fertilizers for the period from December 1, 2024 to May 31, 2025, the government's press service reported. The quotas will total about 19.2 million tonnes, including 11.2 million tonnes for nitrogen fertilizer and almost 8 million tonnes for compound fertilizers. Russia …
Russian finance minister confident 2024 state borrowing plan will …
MOSCOW. Dec 4 (Interfax) - Russia's domestic borrowing plan for the current year will be fulfilled, Finance Minister Anton Siluanov said. "We have no doubts about meeting our plans; all plans will be fulfilled," he said in an interview with the RBK television channel. In the interview, which was recorded before the scheduled auctions for OFZ federal bonds on Wednesday, Siluanov said he ...