Oleg Deripaska's Basic Element said it had agreed a $1 billion cooperation deal with China's state-owned North Industries Corporation, or Norinco, that will include construction of a rolling mill in Russia for metal production. Oleg Deripaska's Basic Element said it had agreed on a $1 billion cooperation deal with China's state-owned North Industries Corporation, or Norinco, that will include construction of a rolling mill in Russia for metal production....
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Archived Live Blog: 'March of Millions' and People's Front Rally
... have been “provocateurs” who have aimed to start fights. 5:01 p.m., Demonstrators Continue to Join March: Moscow Times' Rachel Nielsen on the march route: “There are still some people coming from Kaluzhskaya Ploshchad through the 14 metal detectors, but not many. Police vehicles are now moving up the road [Ulitsa Bolshaya Yakimanka] to Bolotnaya Ploshchad.” Following the march, the opposition rally at Bolotnaya Ploshchad is scheduled to last until 7:30 p.m. 4:55 p.m., Crowd...
RusAl Q1 Down 84%
... earnings announcement. That price represents less than half of the stock's 2010 Hong Kong IPO value of 10.80 Hong Kong dollars each. While global aluminum consumption in the first quarter grew 5 percent from a year earlier, the average price of the metal used in cars, construction and beverage cans fell 13 percent to $2,177 per ton, RusAl said. Net profit, which included its share of earnings in Norilsk and noncash items, slumped to $74 million in the three months ended March from $451 million a...
Dmitry Livanov
... English-language newspaper. Dmitry Livanov (Äìèòðèé Âèêòîðîâè÷ Ëèâàíîâ) was born February 15, 1967, in Moscow. Education: graduated with honors from the Moscow Institute of Steel and Alloys, Department of Physical Chemistry, with a degree in Physics of Metals, 1990; Ph.D. in Physics and Mathematics (solid state physics), 1992; D.Sc. in Physics and Mathematics (solid state physics), 1997; law degree from Moscow State Juridical Academy, 2003 1992-2000: Researcher, senior researcher at the Moscow Institute...
Efimov, Dmitry
... distribution agreement; business trips up to 90%. 06/2007 – 02/2008 – LLC "Fraenkische RUS", Moscow. (Russian trade delegates of Fraenkische Rohrwerke" company, Germany). Company’s direction of activity: production and sales of multilayer metal-plastic pipes for heating and water distribution systems. Post: Sales Manager. Functions: searching of potential customers, dealers and engineering companies; marketing research of metal-plastic piping systems; creation and filling of clients...
Germans Revamping Machine Tool Tradition
... the company. Construction of a plant outside Ulyanovsk — which will initially produce machine tools for aircraft and automakers — will hopefully start in August, he said. Russia is one of the top 10 countries with the highest demand for metal machining tools at a time when President Vladimir Putin has enunciated a goal of a reindustrialization. "A machine that works on metal is the beginning of any manufacturing," Bachmann, a member of Gildemeister's executive board, said in...
Irkutsk Governor Out, Prokhorov Ally In
President Vladimir Putin on Friday appointed a confidant of billionaire Mikhail Prokhorov as the acting governor of the Irkutsk region, where the metals magnate has a large gold-mining operation and other businesses. President Vladimir Putin on Friday appointed a confidant of billionaire Mikhail Prokhorov as the acting governor of the Irkutsk region, where the metals magnate has a large gold-mining...
Ukraine's Behavior in WTO Has Negotiators Scratching Their Heads
... to accede to the trading club, all existing members must agree, giving Ukraine a veto. Pyatnytsky said his country was trying to guarantee its current and future economic interest by asking the candidates to cut tariffs on imports in the farming and metals sectors. "Ukraine's metals industry is interested in exporting to Yemen and Laos, which will help develop infrastructure and to modernize industry in these countries," he said. In theory, opening pathways for exports would help Ukraine...
On Eve of Inauguration, Mass Protest Ends in Violence
... organizers did not expect Sunday’s event to draw the estimated tens of thousands who attended. City Hall had given advance approval for 5,000 participants to take part in the march and rally. Police said 8,000 demonstrators passed through the metal detectors set up at the start of the march route, but people could reach Bolotnaya Ploshchad via an alternative route. Organizers estimated that there were as many as 100,000 protesters on hand. Udaltsov said on air to Kommersant-FM radio from the...
Severstal Q1 Rises on Strong Ruble
Severstal, the country's second-largest steel producer, said Thursday that its first-quarter net profit reached $427 million, thanks to the stronger ruble. Severstal, the country's second-largest steel producer, said Thursday that its first-quarter net profit reached $427 million, thanks to the stronger ruble. Analysts polled by Reuters had expected the company to post a first-quarter net profit of $318 million, down from $519 million in the year-earlier period. The company, controlled...
Uzbekistan Plans Privatization Drive
... over the next two years in an ongoing drive to expand the private sector in this former Soviet nation. Media in Uzbekistan cited Uzbek state property committee deputy chairman Saifitdlin Gafarov as saying Tuesday that assets in the oil, gas, energy, metals, agriculture, electronics and pharmaceuticals sectors will be made available for purchase. Privately owned news portal UzReport.com cited government officials as saying one aim was to attract foreign investors to help boost Uzbekistan's technological...
Syria Thriving on Russian Coal
International sanctions have failed to halt trade in Russian coal at Syrian ports, with buyers switching to the euro from the dollar in deals facilitated by the Syrian state bank and black-market players. International sanctions have failed to halt trade in Russian coal at Syrian ports, with buyers switching to the euro from the dollar in deals facilitated by the Syrian state bank and black-market players, a cement company executive said. "We use banks...
Ex-Throbbing Gristle Leading SKIF Lineup
... last in the history of the band." Chrome Hoof, an experimental orchestra from London, will be the main act to perform on the second night. Featuring from eight to 14 members, the band performs a mixture of very diverse music styles. "Doom metal, disco, acid house and Donna Summer had a car crash on the highway to oblivion," Chrome Hoof's official biography states. "Chrome Hoof emerged from the wreckage, grooving." The Belgian-American-French trio Hoquets — pronounced...
Usmanov Shows His Acumen Again in Facebook IPO
... propelling him further ahead of Russia's oligarchs, who have largely stuck with oil and steel. Alisher Usmanov, who topped Forbes magazine's annual list of Russia's richest investors in April, began his career making plastic bags and built his fortune in metals and mining. He is now worth more than $18 billion, up from $2.6 billion six years ago, according to Forbes. Usmanov's technology-related bets have set him apart from his country's rivals, and 2012 looks set to be a particularly lucrative year....
How to De-Spook Investors
... investors to disappointing China data is in the belief that bad economic news will only hasten further loosening to boost growth. This waiting game also adds volatility not only to the China market, but also to those assets linked to China, such as oil, metals and Russia. Oil and politics are well-established bedfellows. One can rarely explain the price of the former without some attribution to the latter. The Iran nuclear talks have established a diary date for a widening of the European Union embargo...
Gigs
....m. Daniel Knox: singer-songwriter from Chicago. Bilingua. 9 p.m. Guitar Duels. B2 small hall. 8 p.m. Igor Butman Jazz Orchestra. Igor Butman Club Na Chistykh Prudakh. 8:30 p.m. Jazz Jam with Alexander Gureyev and Friends. FAQ Cafe. 8 p.m. Katatonia: metal from Sweden. Milk Moscow small hall. 8 p.m. Raduzhye: rock. Schwein. 8:30 p.m. Razniye Lyudi: rock. Tramplin. 8 p.m. Tablao Flamenco: dancing party. Soyuz Kompozitorov. 8:30 p.m. Tandem: Sasha Bruni (flute) and DJ Viktoria. Kitaisky Lyotchik Dzhao...
Krasnoyarsk: Siberia's 'Beautiful Shore'
... industries could be potentially attractive for investors? A: We have good potential to attract investors because the Krasnoyarsk region's economy has been radically diversified over the last three to four years away from traditional industries like metals and mining and energy and toward oil production, which requires the use of high technologies. So we'd like to have factories here — including those of foreign companies — to make oil-manufacturing equipment. We also want to create...
Civil Code: New Risks and Opportunities
... introduces the requirement for special (increased) diligence on the part of a bank in performing banking operations for a client: the provisions on the bank's liability have been specified in more detail. New types of bank account are envisaged: precious metals accounts, joint accounts, escrow accounts and others. Security Provisions for pledges have been extended to include rights under a bank account agreement and corporate rights. Those acquiring pledged property without knowing or being required to...
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