• Gazprom reported record profits for the fourth quarter and the whole of 2021

    Gazprom reported record profits for the fourth quarter and the whole of 2021

    In 2021, Gazprom earned 2.09 trillion rubles. net profit under IFRS against 135 billion rubles. a year earlier. The company announced this on April 28. The monopoly’s revenue increased by 62% and reached 10.24 trillion rubles, EBITDA increased 1.5 times during the reporting period to 3.69 trillion rubles. Net revenue from gas sales increased by 85% to 5.7 trillion rubles, and from sales of oil and gas products – by 44% and amounted to 2.6 trillion rubles. “The main factor influencing the financial result was the increase in gas and oil prices. The consequence of this was an increase in

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  • The largest long-term construction was completed on the Amur River

    The largest long-term construction was completed on the Amur River

    The construction of the Russian part of the railway bridge across the Amur between Russia and China has been completed in the Jewish Autonomous Region (EAO). The test team drove through it on April 27. Deputy Prime Minister Yuri Trutnev said during the opening ceremony that Russia is ready to launch a regular movement and expects information from China that part of their relocation has opened. It is expected that the talks will take about a month. “A disinfection facility is being built on the Chinese side, then we will open the entire bridge,” he was quoted as saying by

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  • After a month of high demand, drug sales have stabilized

    After a month of high demand, drug sales have stabilized

    Drug sales stabilized after the March rush, according to the weekly monitoring of the analytical company DSM Group. According to her, in the period from February 28 to March 6 (ie, almost immediately after the start of the special operation in Ukraine), the Russians bought 146 million packages of various drugs. This is 1.5 times more than in the previous week and a year earlier. The weekly revenue of pharmacies almost doubled (up to 54 billion rubles). Since then, pharmaceutical sales have been steadily declining. Thus, in the period from 21 to 27 March 2022, this figure returned to the

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  • The European Union may impose a ceiling on the price of Russian oil

    The European Union may impose a ceiling on the price of Russian oil

    The EU may impose a marginal price on imported Russian oil to cut Russia’s revenues, the Financial Times (FT) reported, citing its own source. Such a measure is being considered in the preparation of the next (sixth) package of sanctions against Russia due to a special military operation in Ukraine. Valdis Dombrovskis, vice-president of the European Commission, said on April 25 that the sixth package of anti-Russian sanctions could include restrictions on Russian oil imports. The proposal arose against the background of the impossibility of imposing a total ban on oil supplies from Russia, writes FT. According to analysts interviewed

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  • Vegetarian food has risen by up to 30% due to logistics problems

    Vegetarian food has risen by up to 30% due to logistics problems

    Certain food for vegetarians from suppliers has risen by a third since the beginning of the special operation in Ukraine. This follows from a survey of retailers and restaurateurs conducted by Vedomosti. Thus, tofu prices rose by 30% in March-April, says the owner of the restaurant “Chinese News” Stanislav Lisichenko. Co-owner of the Doubleby coffee chain Sergei Dashkov adds that distributors of imported goods did raise prices by 20% or even 25%, but Russians (especially those who managed to stock up on ingredients such as almonds or coconut paste) went up not immediately. As a result, according to him, they

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  • Services of private medical clinics go up to 20%

    Services of private medical clinics go up to 20%

    Prices in large private multidisciplinary clinics after the start of the special operation in Ukraine increased by 5-15% depending on the service, calculated “Vedomosti”, analyzing their price lists on the sites and interviewing their representatives. The cost of the most popular services starting from March 3 was compared. For example, at the Mother and Child Group, the cost of consultations with a therapist and gynecologist increased by 4% to 7,800 and 8,900 rubles. respectively. Diagnostic procedures (abdominal ultrasound, MRI of the brain and X-ray of the skull) rose by 10% (up to 9600, 12 100 and 7800 rubles). A company

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  • Cider producers can receive support from the state

    Cider producers can receive support from the state

    Russia’s First Deputy Prime Minister Andrei Belousov instructed the Ministry of Agriculture and the Ministry of Finance to consider granting cider the status of agricultural products (similar to domestic wine) as one of the measures of state support for the economy. This follows from the minutes of the meeting that Vedomosti reviewed. The representative of the Ministry of Finance confirmed the consideration of such an initiative, but did not specify the details. Requests to the government, the Ministry of Agriculture and the Ministry of Economic Development remained unanswered. Giving cider the status of agricultural products will require changes in budget

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  • The IEA predicts a decline in oil production in Russia in the coming months

    The IEA predicts a decline in oil production in Russia in the coming months

    Sanctions due to a special military operation in Ukraine may lead to a decrease in oil production in Russia in April 2022 by 1.5 million barrels per day (bpd) compared to the previous month. This forecast is given by the International Energy Agency (IEA) in a monthly review published on April 13. According to the IEA, since April 1, production in Russia has decreased by 700,000 bpd compared to March, and this decline will increase to 1.5 million bpd within a month. The IEA notes that Russian refineries continue to cut production, the country’s oil storage tanks are filling up,

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  • Obi stores in Russia will open soon

    Obi stores in Russia will open soon

    Obi stores will open “as soon as possible,” said Dmitry Galantsev, a partner at Propositum law firm, which represents the retailer’s interests in the deal to sell it. To do this, according to him, it is necessary to update the cash terminals, clean the premises, expand the security staff, providing more employees at the company’s outlets. The rest of the stores are ready to open, the interlocutor of “Vedomosti” concluded. On April 12, it became known that the German Obi GmbH has signed an agreement on the implementation of Russian business with an unnamed investor who will develop the company

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  • German Obi will sell its business in Russia

    German Obi will sell its business in Russia

    German Obi GmbH is entrusting its Russian business chain Obi to the founder of the Audit Group consulting group and Cesar Consulting law firm Boris Lyuboshitsa. This was reported to Vedomosti by Dmitry Galantsev, a partner at the Propositum law firm, which is involved in the deal on behalf of Obi. A representative of Cesar Consulting confirmed this information. Galantsev clarifies that in the future the retailer’s business in Russia will be transferred to a Russian investor, who will develop the company in the country, most likely with the gradual abandonment of the Obi trademark. Neither he nor the representative

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  • “Abrau-Durso” expands the resort area in the Krasnodar Territory EXCLUSIVE

    “Abrau-Durso” expands the resort area in the Krasnodar Territory EXCLUSIVE

    The Abrau-Dyurso group of companies plans to build six more hotels (with 950 rooms) of the 4-5 star category on the territory of the resort of the same name in the Krasnodar Territory. Irina Goncharova, her vice president for tourism and special projects, told about it. According to her, the new project will also include glamping (non-capital accommodation with hotel services – “Vedomosti”) on the Black Sea coast and entertainment facilities (restaurants, aqua complex, activity park, etc.) and a longevity clinic. Goncharov estimates the investment in the project at about 15 billion rubles, the partner is the state corporation “Tourism.RF”.

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  • Highland Gold will buy gold mines in Russia from Canadian Kinross

    Highland Gold will buy gold mines in Russia from Canadian Kinross

    Highland Gold Vladislav Sviblov has agreed to buy Russian gold mining assets from the Canadian company Kinross Gold, both sides said in a deal on April 5. The purchase will amount to $ 680 million. The deal includes the Kupol and Dvoynoye mines in Chukotka, the Chulbatkan project in the Khabarovsk Krai, a number of areas for geological exploration and production infrastructure facilities. Kinross Gold says it will receive $ 400 million for the Dome and licenses for nearby areas and $ 280 million for Chulbatkan. Highland Gold explains that the calculations assume a one-time payment of less than 15%

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