• The government supported the introduction of cashback for travel on toll roads in the summer

    The government supported the introduction of cashback for travel on toll roads in the summer

    The Ministry of Transport supported the proposal of State Duma deputies to introduce a cashback program for travel on toll roads in the summer. This is stated in the department’s response to the letter of State Duma vice-speakers Sergei Neverov, Sholban Karaool (both from “United Russia”) and Vladislav Davankov (“New People”) to Prime Minister Mikhail Mishustin. “Vedomosti” got acquainted with the document. In early June, the deputies sent a letter to Mishustin, in which they proposed to renew the 20% cashback program and introduce 100% compensation for travel on toll roads for pensioners, large families and other vulnerable categories of

    Read More

  • Are British sanctions against Vladimir Potanin dangerous for Norilsk Nickel?

    Are British sanctions against Vladimir Potanin dangerous for Norilsk Nickel?

    On June 29, the British government included Vladimir Potanin, the largest shareholder of Norilsk Nickel, in the sanctions list, the press service of the British Parliament reported. The sanctions were imposed due to Russia’s special military operation (SVO) in Ukraine. The new British sanctions list includes a group of individuals, including the chairman of the board of directors of the Colmar coal company Anna Tsivileva, her husband, the governor of the Kemerovo region Sergei Tsivilev, as well as Said and Sait-Salam Gutseriev – son and brother of businessman Mikhail Gutseriev. In addition, sanctions have been imposed on Colmar itself. A

    Read More

  • Retailers have filed lawsuits for 325 million rubles to the IML courier service

    Retailers have filed lawsuits for 325 million rubles to the IML courier service

    Cosmetic brand “L’Oxitan”, “Monex Trading” (brands Mothercare, Next, The Body Shop, MAC, Victoria’s Secret, etc.), “Double Trend” (one of the brands of Jeans Symphony), as well as a number of home appliance stores, Electronics and various counterparties from May 12 to June 22 filed 24 lawsuits against the IML courier service totaling more than 325 million rubles, according to the database of arbitration cases. Almost all claims relate to the recovery of debts under agency contracts and for the supply of products (eg packaging for items) and fines, cases of illicit enrichment, non-performance of obligations under contracts, etc. The company

    Read More

  • German Linde has stopped deliveries for the largest chemical complex in Ust-Luga

    German Linde has stopped deliveries for the largest chemical complex in Ust-Luga

    The German company Linde GmbH withdrew from a joint venture with Rushimalyans (50% each from Gazprom and Rusgazdobycha Artem Obolensky) for the production of helical cryogenic heat exchangers for the gas processing industry and gas liquefaction. According to the Unified State Register of Legal Entities, as of June 21, Rushimalyans is a 100% owner of Northern Technologies LLC. Linde previously had a 50% stake in the company. Earlier, Kommersant reported on the possible withdrawal of the Germans from the JV, citing sources familiar with the situation. Rushimalyans is setting up an ethane-containing gas processing complex (KPEG) in Ust-Luga (Leningrad Oblast).

    Read More

  • Russia has moved Saudi Arabia into China’s oil market

    Russia has moved Saudi Arabia into China’s oil market

    In May 2022, Russia exported 55% more oil to China than in May last year and became Beijing’s largest supplier, surpassing Saudi Arabia, Reuters reported on June 20. According to China’s General Customs Administration (quoted by Reuters), Russian oil imports, including supplies through the Eastern Siberia-Pacific Ocean (ESDP) pipeline and shipping from European and Far Eastern ports, amounted to about 1.98 million barrels per day. In April this year, deliveries were 25% lower – about 1.59 million barrels per day. According to the concluded contracts, the ESDP pipeline supplies amount to 800,000 barrels per day, and China’s maritime imports from

    Read More

  • Sistema JSFC became interested in IKEA furniture factories

    Sistema JSFC became interested in IKEA furniture factories

    The purchase of furniture factories by the Swedish company IKEA is interesting for Sistema, Vladimir Yevtushenkov, the main owner of the investment company, told Vedomosti. Such a deal could give synergies with the Segezha Group timber holding, he said. So far, Sistema is not negotiating with IKEA, which announced on June 15 the sale of all three plants in the Leningrad, Kirov and Novgorod regions. Hoff, one of Russia’s largest home goods chains, is also ready to consider the assets of Swedish retailer IKEA if such an offer is made, the company’s CEO Maxim Grishakov told Vedomosti. This is in

    Read More

  • Yandex.Market will sell used luxury goods

    Yandex.Market will sell used luxury goods

    Yandex.Market has started selling used bags from well-known luxury brands – Louis Vuitton, Saint Laurent, Dior, Prada, Gucci, Chanel, Fendi, Balenciaga, Bottega, said a representative of the marketplace. The corresponding section has already appeared on his website, the average price of goods there exceeds 100,000 rubles, the Vedomosti correspondent was convinced. The project partner there is the platform The Cultt, which specializes in verifying the authenticity of luxury items and their resale. Its co-founder Tatiana Ermakova confirmed her cooperation with the marketplace. A representative of Yandex.Market said that “such products will replace the range of premium brands, the availability of

    Read More

  • OPEC + is forcing the increase in oil production

    OPEC + is forcing the increase in oil production

    Following the ministerial meeting of the members of the agreement, the parties to the OPEC + deal decided to increase the quota for oil production for July and August 2022 to 648,000 barrels per day (bpd) per month. The previous plan provided for a monthly increase from May to September inclusive of 432,000 bpm per month. Now the September growth has been postponed to July and August, according to OPEC. Thus, the monthly production quota was increased by about 220,000 bps. Under the agreement, Russia and Saudi Arabia will be able to increase oil production in July by 170,000 bpd

    Read More

  • Gazprom’s deliveries abroad fell by almost a third

    Gazprom’s deliveries abroad fell by almost a third

    Gazprom’s exports to foreign countries in the five months of 2022 decreased by 27.6% compared to the same period last year and amounted to 61 billion cubic meters. m of gas, the company said on June 1. As a result, in January-May it reduced production to 211.4 billion cubic meters. m, which is 4.8% (or 10.6 billion cubic meters) less than in 2021. The release emphasizes that gas supplies “are carried out according to confirmed applications” of consumers. Production volumes were supported by a significant increase in consumption – by 17.7% – within Russia. Gazprom also reported that gas exports

    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