Auchan hopes to raise online sales by up to 20%

Auchan and Sbermarket have signed a strategic partnership agreement, the parties said. They will jointly develop the delivery of products from the Darkstones, which will be located in the “Auchan”. President of Auchan Retail Russia Philip Broschar told Vedomosti about plans to open drugstores in hypermarkets. This is part of a retailer’s new concept to…

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The Ministry of Transport may return the disrupted northern import to the state shipping company

On November 10, the head of the Ministry of Transport Vitaly Savelyev at a meeting of Russian President Vladimir Putin with members of the government proposed to create a specialized state shipping company to transport socially significant goods under Rosmorrechflot, if the problem of cabotage in ports in the Far East. We are talking about…

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Cheaper gas has not yet stopped the rise in the cost of nitrogen fertilizers

The price of urea on the terms of delivery of FOB Black Sea reached $ 795 / t, urea-ammonium mixture – $ 633 / t, according to the latest Refinitiv data on November 4. Previous price highs were recorded in September and October this year, and before that the peak of growth in prices for…

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Rosneft receives about 60 proposals from abroad on cooperation in the East Oil project

Rosneft held a series of road shows of the East Oil project for foreign suppliers and contractors, the company said on November 9. They were attended by large companies, including engineering, from 15 countries in Europe, Asia and the Middle East. Representatives of embassies, relevant departments and business associations also attended the meetings. “More than…

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Russia can set up a state-owned passenger shipping company

In late September, a meeting of the government’s tourism commission discussed the possibility of creating a single state-owned shipping company as a construction customer and owner of passenger and cargo ships. Following the meeting, the Ministry of Transport, the FAS, the Ministry of Finance, the Ministry of Industry and Trade and other interested organizations were…

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Oil producers have sharply reduced the purchase price of sunflowers.

The Oil and Fat Union of Russia (uniting the largest oil producers) reported that oil extraction plants have sharply reduced the purchase price of sunflower: from November 1 to 7, they reduced it by 15% to 33,000-35,000 rubles / t (excluding VAT) compared to from the previous week. The executive director of the union Mikhail…

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Gazprom’s promise to pump gas into European storage facilities has cooled the market

On November 9, before 19.00 Moscow time, the price of December gas futures at the largest TTF hub in the Netherlands was $ 906 per 1,000 cubic meters. m, i.e. 5.5% below the price of the previous trading session. On that day, Gazprom announced that it had “approved and launched a plan to inject gas…

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The minimum number of international brands in 10 years has come to Russia this year.

International brands are weak in the Russian market for the second consecutive pandemic year: in the first three quarters of 2021, only 11 new brands came to the country, according to a report by consulting company Knight Frank. If the situation does not change by the end of the year, it will be the lowest…

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Russia and China have signed a contract to build a heavy helicopter

Russia and China signed a contract on June 25 to build a heavy helicopter (Advanced Heavy Lift, AHL), which has been negotiated since 2008, said on November 8, General Director of “Russian Helicopters” (part of “Rostech”) Andrei Baginsky at a meeting on Monday . with Russian President Vladimir Putin. “We will develop only part of…

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The sweets market is recovering after the pandemic

Sales of sweets are increasing: in the first three quarters of 2021, Russians, according to research company NielsenIQ, began to buy more chocolate bars (9.5% year on year), packaged non-chocolate candies (5), packaged cookies (2.8%), cakes and croissants (1.7%), etc. Part of the product categories during this period showed a decrease in sales – for…

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Sales of new cars in October fell by 18%.

Sales of new passenger cars and light commercial vehicles (LCV) in Russia in October 2021 amounted to 126,204 units, according to the Association of European Business (AEB). This is 18.1%, or 27,960 cars, less than sales in October 2020. The dynamics for the first ten months of this year remains positive due to high sales…

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In Kiev, believe that Russia does not allow Kazakh coal to Ukraine

On November 4, the head of the Verkhovna Rada Committee on Energy and Housing Andrei Gerus said on social media that Russia was preventing the transit of coal from Kazakhstan to Ukraine. “Technically, the blocking is at the level of Russian Railways, which does not confirm the passage of cars with such coal,” he said.…

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What to expect from tomorrow’s OPEC + meeting

The meeting of the OPEC + member states scheduled for November 4, which will determine the further parameters of the deal to limit oil production, should not come as a surprise, analysts interviewed by Vedomosti say. “The parties to the deal have clearly spoken out in support of the current plan to gradually increase production…

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Can oil reach $ 120 a barrel in 2022?

Oil in 2022 could reach $ 120 per barrel, analysts at Bank of America. The reason for this in the bank called the energy crisis and growth in all energy sources, including gas and coal. This is one of the most radical “bullish” forecasts for oil prices in recent months. The bank’s statement came amid…

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Russian Railways became interested in the railway through Afghanistan

A representative of Russian Railways (RZD) confirmed to Vedomosti its interest in the Trans-Afghan Railway construction project, which is to become a transit route from Europe to South Asia. “RF Holding is ready to cooperate with the Uzbek Railways in preparing the feasibility study (FEAS) of the Trans-Afghan Railway project,” he said. An online meeting…

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UMMC can buy 100% of the highest gold mining company

The Ural Mining and Metallurgical Company (UMMC, the main shareholders are Iskandar Mahmudov and Andrei Kozitsyn) has filed a petition with the Federal Antimonopoly Service (FAS) to buy 100% of the gold mining company Vysokyi (GV Gold), the agency said on November 1. The petition was registered on October 29. According to the FAS, it…

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Distributor Luding Group started production of its own vodka

One of the largest Russian alcohol distributors – Luding Group for the first time began production of its own vodka under the brand Tchaikovsky (“Tchaikovsky”), a representative of the company told Vedomosti. It is contracted by the Fortuna distillery in the Krasnodar Territory. Elena Denisova, head of production of the company, confirmed the information about…

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Serbia and Hungary were temporarily left without Russian gas

Gas supplies to Romania, Serbia and Hungary via Bulgaria were suspended on November 1st due to an accident on the Bulgarian section of the Balkan Stream gas pipeline. The emergency, which violated the integrity of the pipeline, occurred at about 04.00 Moscow time in the village of Vetrina in the northeastern part of the country,…

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People bought almost twice as many drugs from COVID-19 than they bought for their government

In the first eight months of this year, pharmacy chains sold 40.2 million packs of drugs recommended by the Ministry of Health for the treatment of COVID-19, according to a joint study by the industry publication “Pharmaceutical Herald” and AlphaRM (Vedomosti). This is almost twice as much as the state purchased for the people of…

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Moldova has persuaded Gazprom to tie the contract to oil

On October 29, Moldovan Moldovan and Russia’s Gazprom signed a new five-year agreement to supply Russian gas to Moldova. According to Deputy Prime Minister of Moldova Andrei Spinu on social networks, deliveries will start on November 1. “The talks included many rounds of discussions, in various formats – both with Gazprom in St. Petersburg and…

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Polish PGNiG asks Gazprom to reduce gas prices

The Polish gas monopoly PGNiG has sent an application to Gazprom to review pricing under the so-called Yamal contract. It was concluded in 1996 until December 31, 2022, provides for pumping an average of 10 billion cubic meters. m of gas per year. PGNiG head Pavel Maewski explained that the Polish company was asking Gazprom…

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“Magnet” published the first financial results after the acquisition of “Dixie”

The revenue of the Magnit group for the first 9 months of 2021 amounted to 1.3 trillion rubles, according to the retailer. This is 14.4 percent more than in the same period last year. At the same time in the III quarter, this figure increased by 27.7% to 4893 billion rubles. The company’s report notes…

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Moldova is looking for an alternative to Gazprom.

On October 27, the Moldovan state-owned company Energocom announced a third tender for the purchase of 1.5 million cubic meters. m of gas, according to documentation on the company’s website. Until the winner was selected. Delivery time – October 28, checkpoints – “Alekseevka” (Ukraine), “Todiresti” (Romania) or Moldovan Tagatina or Causani. Earlier, on October 25…

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Metallurgists asked Mishustin not to impose higher taxes forever

The Russian Steel Association (which unites the largest Russian metallurgical companies) has asked Prime Minister Mikhail Mishustin to limit the duration of the increased tax burden to 2022-2024. A corresponding letter on behalf of the association was sent on October 20 by its head, the main owner of “North Steel” Alexei Mardashov (there is “Vedomosti”).…

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Kazakh miners are offered to pay for electricity from Russia

Inter RAO wants to export electricity to Kazakhstan, Alexander Panin, head of the trading unit and member of the board of Inter RAO (electricity export-import operator), told journalists. According to her, the possibility of commercial supply to this country in November-December 2021 is being discussed for the first time. The energy systems of Russia and…

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Analysts estimate the owner of the network “Red & White” at $ 12-18 billion

Mercury Retail, which owns the Red & White and Bristol chains, has announced a public initial public offering of global depository receipts on the Moscow Stock Exchange. The company has already applied for admission to the auction. Mercury Retail operates more than 14,000 stores of the Red & White and Bristol brands in 68 regions…

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Dmitry Bosov’s heirs sell all Sibantrocyte

Siban Holding co-founded by Yota co-founder Albert Avdolyan and businessman Maxim Barsky has closed a deal to buy 100% of Sibantrocyte from Altek, owned by the heirs of businessman Dmitry Bosov. This was reported on October 26 by Sibantrocyte and A-Property by Avdolyan. The amount of the deal is not officially disclosed. Avdolyan owns 70%…

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Authorities allowed taxis and car sharing to collect biometric data from drivers

The government has approved a list of cases in which non-financial organizations are allowed to collect and process personal biometric data of individuals in information systems. The relevant decision was published on the legal information portal. Biometrics were allowed to be collected when entering the territory of organizations and participating in meetings of a civil…

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Russia’s gasification level remains low

The Federation Council (SF) noted the low level of gasification of Russian regions. With an average of 71%, a number of areas do not reach even 20%. Thus, the Altai Territory at the beginning of 2021 was gasified by only 13.1%, complained at yesterday’s meeting of the Council on Gasification, the head of the SF…

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Europeans are arguing about ways out of the energy crisis

EU energy ministers held an extraordinary meeting of the EU Transport, Telecommunications and Energy Council in Luxembourg on 26 October. It discussed ways out of the European energy crisis against the background of abnormal growth of energy prices in the summer – autumn 2021, especially gas. Europe has entered the 2021/22 heating season with a…

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Moscow authorities close liquor stores during locks

Dozens of shops in Moscow, which sell mostly alcohol, received notifications from the administrations and prefectures of the city districts about the suspension of work during the lockdown from October 28 to November 7. An employee of one of the alcohol companies told Vedomosti about it. This information was confirmed by the owners of four…

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Relaxations for wine advertising will not affect cognac and brandy

Vedomosti got acquainted with the amendments to the bill of the Ministry of Industry and Trade, which allows to promote and sell wine products of the Eurasian Economic Union (EAEU) at special fairs. It follows that cognac, brandy and grape vodka, which by law also belong to wine products, will not be able to participate…

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Fertilizer prices in Russia may be fixed until May

The government may freeze the rise in prices for mineral fertilizers at least for the spring sowing of 2022. According to Vedomosti sources familiar with the situation, this scenario was discussed on October 25 at a meeting with Prime Minister Mikhail Mishustin on measures to support agriculture. Now is the season of concluding contracts for…

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“Support of Russia” asks for a lawsuit to stop the breweries

The non-governmental organization of small and medium enterprises “Support of Russia” (which includes brewers) appealed to Deputy Prime Minister Dmitry Grigorenko to reconsider some provisions of the bill, which changes the rules of termination of brewing. Earlier this month, the government’s bill commission approved amendments to the Finance Ministry proposed for a second reading. In…

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Ukraine wants to become “Nord Stream – 2”

After the completion of the Trans-Baltic Nord Stream-2 gas pipeline, Kyiv has finally decided to offer competitive commercial terms for the transit of Russian gas. Ukraine is ready to give Gazprom a 50% discount on gas transit to Europe under additional contracts, President Vladimir Zelensky said on October 22. He explained that it is a…

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Assembly of “Baikal” to replace the An-2 is transferred to the Far East.

The new light multi-purpose aircraft LMS-901 “Baikal” for local aviation may begin to assemble in the Far East instead of Ekaterinburg, told “Vedomosti” two sources at the Ural Civil Aviation Plant (UZGA, developer “Baikal”) and confirmed in the Ministry of Industry. To do this, Komsomolsk wants to build a new assembly shop near the territory…

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The government wants to simplify the procedure for putting quarries into operation

The Ministry of Construction has developed a draft government decree that simplifies the procedure for approving the commissioning of quarries and other mining operations by mining holdings. This follows from the minutes of the conciliation meeting in the department on October 11, 2021 (available in the “Gazette”). According to the document, the companies will be…

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Pharmstandard’s partner is challenging the revocation of the patent for its generic

Nativa LLC is trying to challenge the revocation of the patent for its anticancer drug sunitinib through the Intellectual Property Court, according to the arbitration case. The patent itself was revoked in June this year at the request of the structure of the American Pfizer – Sugen, which owns the rights to the original anticancer…

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The Ministry of Energy wants to change the tender for the construction of power plants for BAM

The Ministry of Energy proposes to change the terms of the tender for the construction of a generation for energy supply of the Badaibinsky district of the Irkutsk region to expand the Eastern landfill (BAM and Transsiba). This issue was discussed on October 20 at a meeting with the director of the Department of Energy…

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RF is going to completely exit the car repair business

On October 21, the board of directors of Russian Railways (RZD) discussed the inclusion of the last car repair asset of the monopoly – JSC “Car Repair Company – 1” (VRK-1) in the register of non-core assets, as well as preliminary approval of the deal with VRK-1. Four sources close to RZD and its board…

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The head of the EC formulated five principles for overcoming the energy crisis

European Commission (EC) President Ursula von der Leyen has formulated basic principles for overcoming the energy crisis. She announced them, as has become fashionable among American and European politicians, in her Twitter. These proposals are likely to be considered at the summit of EU (EU) leaders on October 21-22. The head of the European Commission…

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Rosseti complained about expensive metal for BAM and Transsibe

The state power grid holding Rosseti fears that the rise in prices for metallurgical products could create serious difficulties in electrifying BAM and Transsib. This was stated on October 19 by the general director of the company Andrei Rumin in the Federation Council. “Such large projects as the Eastern landfill, ie the electrification of BAM…

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The transport sector may reach a dock-like level closer to 2024

The transport sector is unevenly reaching the dock level of 2019, the stabilization of the industry should be expected closer to 2024, according to experts interviewed by “Vedomosti”. The biggest blow to the pandemic was in the passenger segment. According to Alexander Slobodyanik, Deputy Head of the IPEM Railway Transport Research Department, in 2020 passenger…

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The government plans to zero the duty on exports of aluminum alloys

The government plans to nullify the duty on exports of aluminum alloys from Russia, introduced on August 1, 2021. This decision was supported on October 18 by the Subcommittee on Customs and Non-Tariff Regulation, Safeguards in Foreign Trade, part of the Government Commission on Economic Development and Economic Development Ministry of Industrial Trade of the…

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The cost of courier services has risen 1.5-2.5 times since the beginning of the year

Online retailers are short of staff, especially collectors and couriers, three employees of such companies told Vedomosti and confirmed by three employees of recruitment agencies. The reasons for the shortage of staff – the seasonal increase in demand for delivery, the active growth of the food delivery segment and the consequences of the outflow of…

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Tour operators expect to reduce the cost of tours to Egypt and the UAE by 15-20%

The Operational Headquarters for Coronavirus Control said that from November 9, Russia will lift all restrictions on regular and charter flights to popular tourist destinations: the Egyptian resorts of Hurghada and Sharm el-Sheikh, as well as the United Arab Emirates (UAE). Until 2015, Egypt was in second place after Turkey in popularity among Russian tourists:…

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The Ministry of Energy wants to extend the modernization of thermal power plants after 2031

The Ministry of Energy considers it necessary to extend the program of modernization of thermal power plants (CES) at the expense of the energy market, said Minister Nikolai Shulginov on October 14 during the forum “Russian Energy Week” (REN). “We will come up with such a proposal,” he said. He added that the main emphasis…

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Customs received 2 billion rubles for parcels from foreign online stores

From the beginning of 2021, customs duties for purchases from foreign online stores have already exceeded the figures for 2020, as a result of which the Federal Customs Service (FMS) collected “just over 2 billion rubles.” Ruslan Davydov, deputy head of the FMS: “If we extrapolate, we are going for 3 billion rubles this year.…

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Grain and fish may fall under the restrictions of the raid.

On October 14, the State Duma passed in the first reading a bill that from March 1, 2022 will impose restrictions on the transshipment of a number of cargo from ship to ship (raid transshipment) outside seaports. It follows from the document that the transshipment of pollutants in inland waters, the territorial sea and the…

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“Systemic defects” of the gas market: how Putin explained the causes of the energy crisis

“There is no need to translate from a sick head to a healthy one,” President Vladimir Putin said at a plenary session of the Russian Energy Week forum on October 13, explaining the causes of the energy crisis in Europe (quoted by Interfax). “All the last decade, European energy has been undermined by systemic flaws…

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Severstal is involved in a hyperloop vacuum train project in the United States

North Steel and American Hyperloop Transportation Technologies (HyperloopTT) have signed an agreement to supply steel to a Russian company for the construction of the first commercial prototype of the hyperloop transport system, a spokesman for North Steel told Vedomosti. Hyperloop technology is a public transport system that uses steel sealed pipes with near vacuum pressure.…

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The court ruled that the TKP fee for issuing air tickets was legal

On September 22, the Presnensky District Court of Moscow ruled on a lawsuit filed by the Moscow Interregional Transport Prosecutor’s Office against the Transport Clearing House. The prosecutor’s office demanded to recognize the illegal fee under the code ZZ, which TKP charges for the registration and sale of tickets through its system of mutual settlements…

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By 2024, Russian planes need to find up to 600 billion rubles

The government must prepare an action plan for civil aviation industry projects until 2030 by December 1, according to instructions from President Vladimir Putin approved on September 30 (the document is in the “Vedomosti”). The instructions were given following a meeting held at the MAKS-2021 air show in July. The activities of the plan will…

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ALROSA predicts new growth in the diamond market in 2022

Sales of Russia’s largest diamond mining company Alrosa more than doubled in the first nine months of 2021 to $ 3.1 billion, Alrosa reported on October 11. According to ALROSA Deputy General Director Yevgeny Agureyev, the company quotes, sales growth is likely to continue next year. Compared to the level of January-September pre-pandemic 2019 sales…

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Brewers have proposed to increase duties on imported beer by 55 times

Chairman of the Council of the Union of Russian Brewers (PSA) Daniel Briman addressed the Minister of Economic Development Maxim Rashetnikov with a proposal to set import duties on imported beer at 1 euro per 1 liter. This is 55 times higher than the current rate of 0.018 euros, which applies to the bulk of…

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The government will spend 30 billion rubles on the development of geological exploration

On October 7, the government approved a plan for the development of geology in the country until 2030. It was included in a list of 42 strategic initiatives (projects) aimed at making the Russian economy more modern and flexible, explained in a release on the website of the Cabinet. The project, entitled “Geology: Rebirth of…

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Putin has slightly cooled the European energy market with verbal interventions

Gas and coal prices in Europe went down after a record set on October 6, when these energy resources traded at $ 1970 per 1,000 cubic meters. m and $ 280 per 1 ton, respectively. November gas futures on the most liquid TTF hub in the Netherlands during the day on Thursday, October 7, fell…

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Airports have slowed down with a biometrics test to identify passengers

Moscow’s Sheremetyevo and Domodedovo airports, Novosibirsk’s Tolmachevo and St. Petersburg’s Pulkovo did not launch biometric passenger identification in September. Representatives of airports and top manager of Tolmachevo told Vedomosti about it. “The timing of testing the passage of passengers on biometric flights depends on the decisions of government agencies and has not yet been determined,”…

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Rosspetsmash suggested not to give state support to the British JCB

Lobby of domestic manufacturers of special machinery and equipment – the association “Rosspetsmash” asks the Ministry of Industry and Trade to return to discussing the need to localize telescopic loaders and engines for them under the mechanism of special investment contracts (SPIK). This is stated in the letter of the association dated September 30 addressed…

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Europeans do not know the means against the energy crisis

The energy crisis in Europe is reaching alarming proportions: on October 6, gas and coal prices at European hubs renewed historic highs. “The global energy market does not tolerate hustle and bustle, investment plans here should be long-term. Therefore, drastic reckless actions can lead and, judging by the current market situation, already lead to serious…

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