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08.05.2009, 17:45

Key nations hold off on Nabucco

Key gas producers, Kazakhstan, Turkmenistan and Uzbekistan have held off on signing a declaration on the Nabucco gas pipeline project, signed between the EU Turkey, Azerbaijan, Georgia and Egypt on Friday.

08.05.2009, 16:24

Severstal dims U.S. production while Mechel buys Bluestone coal

Severstal has announced that it will halt or reduce production at its U.S. subsidiaries, while Mechel has completed the purchase of America’s Bluestone coal for $436 million.

07.05.2009, 23:19

Stress tests watched as key to turnaround sought

The much-anticipated stress test of top U.S. banks shows some of the largest banks need to raise capital. Regional banks look riskier than the big ones, because they carry the bulk of mortgages and credit-card loans.

27.04.2009, 14:59

Sibur posts FY 2008 Net Income of 16 billion Roubles

Russian petrochemical producer, Sibur, has posted a FY 2008 Net Income of 16 billion Roubles under IFRS.

15.01.2010, 14:32 1 comment

Chelyabinsk Zinc elects new board

Russia’s largest zinc producer, Chelyabinsk Zinc Plant, has elected a new board of directors.

LNG tanker (AFP Photo / Natalia Kolesnikova) 13.03.2009, 12:19

Gazprom to ramp up production in the face of global LNG glut

The world's already depressed market for LNG will come under further pressure within the next 2 years as new projects come online. Gazprom says it will continue its expansion, despite the threat of LNG over-production.

09.04.2009, 11:46

Cherkizovo posts FY 2008 Net Income of $78.1 million

Russian meat producer Cherkizovo Group has posted a Net income of $78.1 million under U.S. GAAP.

09.08.2010, 16:36

Iced tea market to toughen up

Competition in the Russian iced tea market is expected to get tougher with Lipton and Nestea likely to be facing competition from popular U.S. based brand, AriZona Iced Tea

23.08.2010, 15:36

Heat wave causes Russians to lose their sweet tooth

This summer confectionery fell in demand more than the usual drop down for a season. It is believed that the extreme heat wave that gripped Russia this summer is the chief factor.

30.07.2009, 11:54

Russians retain a taste for sweets despite the downturn

Even during an economic downturn, Russians haven’t abandoned their sweet tooth, with sales of sweets and chocolates holding up surprisingly well.

Evraz confident on debt reschedulling

Published: 08 May, 2009, 19:09


Indebted Russian metals companies facing falling demand have been forced to look at different ways of refinance existing loans.

 
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