• Petropavlovsk has found a CEO in Highland Gold

    Petropavlovsk has found a CEO in Highland Gold

    The Board of Directors of Petropavlovsk Plc, one of Russia’s largest gold mining companies, has appointed a new CEO since December 1. The company will be headed by Denis Alexandrov, who until November 30 was CEO of another major gold miner, Highland Gold Mining. Alexandrov will also join the board of directors, which will expand to five people: the CEO, three independent directors (including the chairman) and one representative of the majority shareholder – the group of companies “Yuzhuralzolata” (YUGK). Petropavlovsk is developing deposits in the Amur region. In the first half of 2020, the company ranked fourth among Russian

    Read More

  • Universal will open the Super Nintendo World theme park in February

    Universal will open the Super Nintendo World theme park in February

    Super Nintendo World will be dedicated to the heroes of video games of the Japanese company Nintendo. Prior to that, the thematic areas of all four Universal Parks & Resorts (in the US, Singapore and Japan) were given to the characters of film and animation studios, as well as rival studios Warner Bros. (The “Harry Potter Magic World” zone is in the parks of Orlando, Los Angeles and Osaka) and Marvel Comics comics (“Marvel Superhero Island” in Orlando). Super Nintendo World will feature roller coasters in the Mario Kart theme, located inside Bowser Castle, the main villain of the Mario

    Read More

  • Russia has offered to protect user data in car sharing

    Russia has offered to protect user data in car sharing

    The Institute for the Development of the Legal Society (IRPA) proposes to increase fines for leaks of personal data of car-sharing users and to complicate the procedure of user registration in car-sharing applications. Measures are needed to reduce the risk of user data leaks and the use of this data by fraudsters. The letter with the proposals of IRPO was sent to the head of Raskomnadzor Andrei Lipau (the document is at the disposal of “Vedomosti”). In particular, it is proposed to introduce a single procedure for registration and submission of documents for all car sharing companies operating in Russia.

    Read More

  • One of the largest producers of sparkling wine has resumed production

    One of the largest producers of sparkling wine has resumed production

    The Sparkling Wines company has resumed production of sparkling wines at the plant in St. Petersburg, a person close to the company told Vedomosti. Its CEO Yuri Dudko confirmed it. The operation of the enterprise was suspended on June 25, on the eve of the entry into force of the Law on Viticulture and Enology, according to which wines from imported wine materials are considered “grape drinks” and must bear the label “not wine”. The company stopped production because 100% of sparkling wines were made from imported wine materials and falling into this category would inevitably lead to reduced sales,

    Read More

  • Renault is converting its plant into a car recycling plant

    Renault is converting its plant into a car recycling plant

    French car company Renault announced on November 25 to stop production by 2024 at its plant in Flein-sur-Seine (40 km from Paris) and re-equip it into a center for research, disposal and repair. Built in 1952, the plant is now the largest and oldest Renault plant in France. It became so after closing in the late twentieth century. plant in Boulogne-Billancourt (10 km from Paris), where Renault was founded in 1898 and where the company is still headquartered. For almost 70 years of existence at the plant in Flens-sur-Seine produced 20 different models of cars. Now the plant produces Renault

    Read More

  • Rostech will manufacture equipment for cableways

    Rostech will manufacture equipment for cableways

    Rostech is setting up a joint venture (JV) with Swiss cable car manufacturer Bartholet Maschinenbau AG and a pool of private investors, the state corporation told Vedomosti. The capital of the joint venture “RT-Bartalet” will include a subsidiary of “Rostekh” “RT – Business Development”, it will get 20%, said a representative of the state corporation. Another 40% will receive a “daughter” of the Swiss company and a consortium of investment bankers who previously worked in the investment company “Troika Dialogue” (their names in the corporation are not specified). Investments in the project will amount to about 2 billion rubles. All

    Read More

  • Ozon could raise more than $ 1 billion during the IPO

    Ozon could raise more than $ 1 billion during the IPO

    US Depositary Shares (ADS) Ozon on November 24 began trading on the NASDAQ stock exchange, the online retailer said. At the same time, the company’s papers became available on the Moscow and St. Petersburg stock exchanges. The value of Ozon is estimated at $ 6188 million: the company offered investors 33 million ADS, which is about 16% of the increased authorized capital of the online retailer, at a placement price of $ 30 per share. This will allow it to raise $ 990 million. In addition, the organizers of the offering (according to Ozon’s prospectus, it’s Goldman Sachs, Morgan Stanley,

    Read More

  • Russia may start operating marine drones

    Russia may start operating marine drones

    Russia plans to complete tests of the BES-CF automatic and remote control system by the end of the year. Alexander Pinsky, director general of the Marinet branch of the National Technology Initiative, told Vedomosti that the government may decide to use autonomous vessels as part of a national experiment until 2025. A draft government decree has already been prepared and sent to the Cabinet, Pinsk said. . The text of the project, which was read by Vedomosti, says that the experiment on pilot operation of autonomous vessels under the flag of Russia is allowed in the following subjects of the

    Read More

  • Pig breeders and confectioners propose to introduce an export duty on grain

    Pig breeders and confectioners propose to introduce an export duty on grain

    The largest food producers’ associations have asked Prime Minister Mikhail Mishustin to consider imposing a duty on grain exports. This, in their opinion, should help reduce the cost of raw materials. Among those who signed the appeal were the National Meat Association (which includes Miragandal, Charkizova, etc.), Askond (United Confectioners, Mondelez, etc.), and the Russian Flour Association. LKHP named after Kirov, “Stoilenskaya Niva”, GK “Grain Holding”, etc.), the National Union of Pig Breeders (“Charkizova”, “Rusagra”, etc.), etc. “Vedomosti” got acquainted with a copy of the document, its sending was confirmed by the representatives of the associations themselves, and the representative

    Read More

  • The maximum fare on the new bridge on the Yamal River exceeds 370,000 rubles

    The maximum fare on the new bridge on the Yamal River exceeds 370,000 rubles

    The new bridge, which opened in October, across the Pur River near Urengoy in the Yamal-Nenets Autonomous Okrug (YANAO) has caused dissatisfaction among truckers and transport companies, employees of two major carriers told Vedomosti. The reason is the unusually high cost of transportation, as well as the closure of all alternative routes, explained an employee of one of the companies. The length of the bridge is only 1 km. No toll is charged for cars, the bridge connects to the regional road network of residents of remote areas where 30,000 people live, says a person close to the regional government.

    Read More

  • L Brands reported quarterly earnings

    L Brands reported quarterly earnings

    The American company L Brands, which owns the lingerie brand Victoria’s Secret and the brand of cosmetics, fragrances and gifts Bath & Body Works, published on November 18 a report on financial results for the III quarter of 2020. Company sales increased by 14% compared to the III quarter 2019 and reached $ 3.06 billion. L Brands’ net profit was $ 330.6 million (in the same period last year, the company reported a loss of $ 252 million). However, sales of the famous lingerie brand have been declining for more than a year (in the third quarter of 2020 –

    Read More

  • Aeroflot will approve a new CEO on Friday

    Aeroflot will approve a new CEO on Friday

    Aeroflot’s board of directors plans to elect the airline’s CEO at a correspondence meeting on November 20. The government has proposed appointing Mikhail Polubayarinov, head of the State Transport Leasing Company (GTLK), to this post, the press service of the Cabinet of Ministers reports. The state owns 57.34% of the company’s shares (after a recent additional issue and repurchase of shares by the Ministry of Finance), so the board is guaranteed to approve the candidacy of Poluboyarinov, as recommended by the government. The semi-boyar headed the GTLK only in March 2020, where he moved from the position of the first

    Read More

  • Privileges for eco-transport will be enacted

    Privileges for eco-transport will be enacted

    A government decree of November 5 instructed the Ministry of Transport, the Ministry of Industry and Trade, the Ministry of Environment and the working group “Autonet” of the National Technological Initiative to prepare a federal law “creating a system of measures to encourage the use of clean transport.” No later than June 2021, the bill must be submitted to the government and submitted to the State Duma in three months. The environment includes electric vehicles, as well as cars with internal combustion engines that use gas and hydrogen as fuel. Preferences for owners of such vehicles may include reducing the

    Read More

  • The Fix Price network may hold an IPO in the first half of 2021

    The Fix Price network may hold an IPO in the first half of 2021

    Fix Price in the first half of next year may hold an initial public offering (IPO), according to Bloomberg, citing two sources familiar with the situation. A source close to one of the organizers of the possible deal confirmed this information, clarifying that the company’s receipts will be offered to investors on the London Stock Exchange, but to increase their liquidity, they will be traded on the Moscow Stock Exchange. According to him, the parameters of the future placement have not been determined yet. As a rule, companies sell at least 10-15% of their shares during the IPO, said the

    Read More

  • Vekselberg and Tratsenko intend to invest together in Magadan Airport

    Vekselberg and Tratsenko intend to invest together in Magadan Airport

    Viktor Vekselberg’s Airports of the Regions (AR) and Roman Tratsenko’s Novoport have applied to the Federal Antimonopoly Service (FAS) for joint participation in the tender for an investment agreement for the reconstruction of Magadan Airport. The general director of the Autonomous Republic Yauhen Chudnouski told Vedomosti about it. The plans to participate in the competition together with the AR were confirmed by the owner of “Novoport” Tratsenko. The application was submitted to the FAS on October 15, the AR representative said. At the same time, work was underway to register the ABS Magadan joint venture, which will take part in

    Read More

  • U.S. authorities have lifted a ban on flights of Boeing 737 MAX aircraft

    U.S. authorities have lifted a ban on flights of Boeing 737 MAX aircraft

    The US Federal Aviation Administration (FAA) announced on November 18 the cancellation of the decision to ban flights of Boeing 737 MAX aircraft. However, according to the FAA website, this does not mean that these planes can take to the skies right now. The FAA directive specifies changes to the software and equipment of the aircraft that Boeing must make to resume flights. In addition, management must approve modified pilot training programs for aircraft of this model for each American airline individually. When the 737 MAX finally takes to the air, Boeing will have to deploy a 24-hour operations center

    Read More

  • Russia may have problems selling tequila

    Russia may have problems selling tequila

    Mexican Ambassador Norma Pensada asked Russian Deputy Prime Minister Alexei Averchuk to support amendments to the technical regulations of the Eurasian Economic Union (EAEU; it includes Russia, Armenia, Belarus, Kazakhstan, Kyrgyzstan). According to her letter, a copy of which was read by Vedomosti, the Mexican government and the local Tequila Supervision Council (CRT) are proposing to include in the document the concepts of tequila and mezcal, the country’s traditional alcoholic beverages. This will avoid their disappearance from the markets of the union countries after the entry into force of technical regulations. It sets a requirement for the content of methanol

    Read More

  • Rosneft to sell Trafigura trader 10% in East Oil megaproject

    Rosneft to sell Trafigura trader 10% in East Oil megaproject

    On November 16, Rosneft’s board of directors approved the sale of a 10% stake in Uskhod Oil LLC to the multinational trading company Trafigura, the Russian company said on November 17. During the meetings it was noted that the confirmed resource base of the project is 6 billion tons of oil (including gas condensate), or 44 billion barrels. Also, the government commission for control over foreign investment in Russia has decided to pre-approve the acquisition of Trafigura PTE Ltd. the right to dispose of 10% of the votes attributable to the shares constituting the authorized capital of East Oil LLC,

    Read More

  • Bus drivers will wear sleeveless bracelets

    Bus drivers will wear sleeveless bracelets

    From 2021, drivers of passenger buses, as well as possibly taxis, will be required to use means to prevent sleep while driving. The Ministry of Transport is developing a national standard that sets requirements for such systems. “Implementation of systems for monitoring, control and maintenance of drivers on the road is provided by urban passenger transport with a capacity of more than eight seats,” the press service of the Ministry of Transport told Vedomosti. – At the same time, the Ministry initiated amendments to the draft federal law “On the organization of passenger and luggage transportation by taxi in Russia

    Read More

  • Sales of antibiotics in Russia have risen

    Sales of antibiotics in Russia have risen

    Sales of antibiotics in Russian pharmacies in the first nine months of 2020 amounted to 286 billion rubles., Exceeding the same period last year by 14%. In physical terms, the demand for such drugs increased by 15% to 176.6 million packages. This follows from a joint study of the industry publication “Pharmvesnik” and the analytical company AlphaRM, which was reviewed by “Vedomosti”. The increase in sales of antibiotics is due to the fact that six international non-proprietary names (INNs) have been included by the Ministry of Health in the list of drugs recommended for the treatment of coronavirus (COVID-19), the

    Read More

  • Gazprom has sold Turkey the maximum amount of gas since the beginning of the year

    Gazprom has sold Turkey the maximum amount of gas since the beginning of the year

    In September 2020, Gazprom began to actively regain its key position in the second most important market after Germany – in Turkey, according to the RAS report of November 13 and the FMS. The company delivered 19 billion cubic meters in September. m of gas to the country, which became the highest since January 2020. Compared to the same figure in 2019, exports have grown almost 2 times – from 1.017 billion cubic meters. m. In August, “Gazprom” delivered 13.7 million cubic meters. m of gas, and in general for January – September 2020 relative to the same period in

    Read More

  • The government has supported the shift of the Udarnaya TPP in Taman

    The government has supported the shift of the Udarnaya TPP in Taman

    The government has supported the transfer of the rest of the large thermal power plant in Taman for almost two years – at the end of 2023. But this will most likely not help Rostech’s “daughter” avoid a fine of 35 billion rubles. for delays in entering deadlines A draft resolution of the Russian government on postponing the commissioning of the Udarnaya thermal power plant in Taman (Krasnodar Krai) will be approved soon, it will be developed by the Ministry of Energy. This is stated in a letter dated November 5, Deputy Head of the Ministry of Industry and Trade

    Read More

  • The Ministry of Agriculture proposes to impose new restrictions on grain exports

    The Ministry of Agriculture proposes to impose new restrictions on grain exports

    The Ministry of Agriculture proposes to impose a number of restrictions on exports of wheat, rye, barley and corn, according to a draft government decree published on November 11 on regulation.gov.ru. An export quota will be set: from February 15 to June 30, no more than 15 million tons can be shipped outside the Eurasian Economic Union (EAEU). customs on export shipments for the first half of the season (July – December). Exporters will have to obtain a license from the Ministry of Trade when sending outside the EAEU countries. Despite the task of increasing grain exports, the Ministry of

    Read More

  • Data on public transport routes will be publicly available

    Data on public transport routes will be publicly available

    The changes will be recorded in the text of the law “On Navigation”. This follows from the action plan for the implementation of the mechanism for managing systemic changes in regulatory and legal regulation of entrepreneurial activity, approved by the Russian government on November 5. Today, application developers (for example, “Yandex.Maps”) receive data on traffic directly from the carrier. At the moment, each shuttle bus is equipped with equipment that allows tracking its movement on the roads, told “Vedomosti” Yaroslav Fedoseev, a representative of the working group “Autonet” “National Technology Initiative”, responsible for the project. At the moment, the law

    Read More

  • Natura Siberica may start sales in the US

    Natura Siberica may start sales in the US

    Ilya Mikin, General Director of the company’s Russian representative office, told Vedomosti about the intention of the American marketplace IHerb to start selling Russian cosmetics. According to him, negotiations are underway with Andrei Trubnikov’s Natura Siberika company, which produces cosmetics under the brands “Grandma Agafia’s Recipes”, Organic Shop, Planeta Organica, Natura Siberica and Librederm. A Natura Siberian spokesman confirmed to Vedomosti talks with IHerb, a request to Librederm went unanswered. IHerb Marketplace is one of the world’s largest sellers of dietary supplements and care cosmetics. According to Infoline-Analytics CEO Mikhail Burmistrov, IHerb’s worldwide sales exceed $ 500 million a year.

    Read More

  • Russia may sharply increase tariffs on sunflower exports

    Russia may sharply increase tariffs on sunflower exports

    At a meeting of the government subcommittee on customs and non-tariff regulation, safeguards in foreign trade on November 9, a decision was made in principle on the need to increase the export duty on sunflowers, told “Vedomosti” two employees of oil and fat companies and a federal official. Now the rate is 6.5 percent, but not less than 9.75 euros / t. Starting in January 2021, it may rise to at least 30%, according to two employees of oil and fat companies. A person close to the subcommittee says a rate increase of up to 40% is also being considered.

    Read More

  • “36.6” will repay debts for the A5 pharmacy chain

    “36.6” will repay debts for the A5 pharmacy chain

    In October, the Arbitration Court of St. Petersburg and Leningrad Oblast brought PJSC “Pharmacy Network 36.6” to subsidiary liability for the obligation to go bankrupt LLC “Pharmacies A5 St. Petersburg”, according to the file of arbitration cases. This Ltd. managed the St. Petersburg points of the A5 network, which in 2016 was acquired by “Pharmacy Network 36.6”. A5 was founded by Roman Buzdalin (father of Eapteka co-owner Anton Buzdalin) and his partner Sergei Solodov. It was one of the largest pharmacy chains in Russia. According to the DSM Group, in the first half of 2016 the company ranked third among

    Read More

  • The government is asked to tighten the rules of taxi work for foreigners

    The government is asked to tighten the rules of taxi work for foreigners

    The appeal to Prime Minister Mikhail Mishustin was signed in late October by Moscow Mayor Sergei Sabyanin, St. Petersburg Governor Alexander Beglov, and Moscow and Leningrad Oblast Governors Andrei Vorobiev and Alexander Drozdenko. “Vedomosti” got acquainted with the document. It was confirmed to Vedomosti by the administrations of St. Petersburg, Moscow and Leningrad oblasts, and received by the Russian government. The Cabinet of Ministers added that the appeal is being worked out now. The proposals were sent to the Russian government as part of the discussion of the bill on taxis, which is currently being finalized before the second reading

    Read More

  • Car-sharing operators have spoken out against industry regulation

    Car-sharing operators have spoken out against industry regulation

    Russia’s largest car-sharing companies have opposed the drafting of a separate law regulating their activities, which is scheduled to be discussed in the transport committee of the State Duma. Arguments were given in a letter from the heads of “Yandex.Drive”, Youdrive and Belka.car (available to “Vedomosti”) Chairman of the State Duma Vyacheslav Volodin. The authenticity of the document was confirmed by representatives of all companies. The reason for this position was the statements of members of the Duma Committee on Transport about plans to develop a bill that would ban at the federal level the use of car-sharing cars for

    Read More

  • Supreme Court declares legal scheme of “Solar Products” bankruptcy

    Supreme Court declares legal scheme of “Solar Products” bankruptcy

    The Supreme Court rejected the complaints of minority creditors of the oil and fat holding “Solar Products” against the scheme of its bankruptcy. The scheme was challenged by Baltsinvestbank (owned by Absolut Bank), VTB Factoring (part of VGB), Capital Factoring, Syngenta and others, whose claims total more than 4 billion rubles. In October 2018, Vadim Mashkovich’s Rusagro Group announced the purchase of a controlling stake in Solar Products from Vladislav Burov’s Bouquet Group, and shortly afterwards acquired the right to claim Solar Products from Rosselkhozbank loans. 7 billion rubles. After “Rusagra”, according to court documents, initiated the bankruptcy of companies

    Read More

  • Poland demands discount from Gazprom

    Poland demands discount from Gazprom

    The Polish state company PGNiG has applied for a reduction in the price of Russian gas from November 1, 2020, the company said on November 1. The PGNiG noted that under the terms of the agreement every three years, each party has the right to advocate a revision of the pricing conditions of supplies, if they believe that they “do not correspond to the market situation.” Gazprom Export, Gazprom’s subsidiary, has confirmed that it has received a request from the Polish PGNiG to reconsider the price of the gas supply contract. In PGNiG “Vedomosti” explained that, under the terms of

    Read More

  • Rail traffic in Russia has grown for the first time since the beginning of the year

    Rail traffic in Russia has grown for the first time since the beginning of the year

    The volume of cargo transportation through the network of Russian Railways in October increased for the first time in 10 months, according to the operative data of the railway state monopoly, published on November 2. Loading amounted to 109.9 million tons, which is 0.3% more than in October last year. Freight turnover increased by 0.4% to 223.2 billion tonne-kilometers. Since the beginning of the year, the number of goods transported by rail was lower than in the same months of 2019. In particular, in September, the reduction in loading was 0.7% year on year (month to month). The largest growth

    Read More

Wg-Al

Lorem ipsum dolor sit amet, consecte adipiscing elit, sed do eiusmod tempor incididunt ut labore


Services

  • UI Design
  • Digital Strategy
  • Social Media
  • Content Writing

Contact

  • Jl. Sunset Road No.815 Kuta, Badung, Bali – 80361
  • (021) 123 – 4567
  • support@domain.com