InterRAO will pay Sistema up to 14 billion rubles ($464 million) for a 40 percent stake in Bashkirenergo as part of a deal to split the regional utility's assets, the firms said Saturday. Bashkirenergo plans to demerge its electricity grid and power generation. The split will see InterRAO, which currently owns a 25.08 percent voting stake in Bashkirenergo, obtain control of the utility's 4.2 gigawatts...

After being closed for more than a year for reconstruction, the Park Kultury circle line metro station has been reopened with new escalators, turnstiles and utilities. After being closed for more than a year for reconstruction, the Park Kultury circle line metro station has been reopened with new escalators, turnstiles and utilities. The station had been closed since Feb. 5 of last year for repairs, including...

... with the smaller, younger and less obedient contingent that has participated in this week's nonstop protests. The opposition, meanwhile, faces the challenge of mobilizing supporters and needs catalysts like the Russia Day holiday next month, planned utility price hikes, or a provocation by radicals within its or the government's ranks to fuel further protests, Makarkin said. Opposition slogans don't appeal to a wide enough spectrum of the population, he said. A large demonstration can be expected...

... Statistics Service said Friday. This takes the cumulative increase in prices since the start of the year to 1.9 percent, compared with 4.3 percent in the same period of 2011. Inflation is set to accelerate later in the year because of a planned hike in utility tariffs, but the Central Bank pledges that it will keep the full-year rise in consumer prices in the range of 5 percent to 6 percent. In 2011, inflation hit a record low of 6.1 percent. (Reuters)

Italian utility Enel's Russian unit OGK-5 said Thursday that its first-quarter net profit decreased 2.4 percent, year on year, to 2.01 billion rubles ($68.35 million) on the back of depressed electricity prices, while revenues rose 12 percent to 17.4 billion...

VILNIUS, Lithuania — Foreign shareholders of a Lithuanian natural gas company have agreed to split the utility into three separate units as part of a European Union directive to unbundle energy monopolies and introduce competition. Gazprom, which owns 37 percent of Lietuvos Dujos, was initially opposed to the idea. But Lithuania's government gave shareholders...

... — at 6.25 percent, and the overnight deposit rate at 4 percent. It expects to meet its full-year inflation target of 5 percent to 6 percent but acknowledged that inflation will spike in the second half of the year because of a planned hike in utility tariffs, postponed from January to July, and a waning positive effect from slowing food-price inflation. "Uncertainty over the scale of influence of the mentioned factors remains a substantial source of midterm inflationary risks," the...

... NATO alliance plans to hand control of Afghanistan to its own security forces by the middle of next year. Turkmenistan's state gas company Turkmengaz signed gas sales and purchase agreements with Pakistan's Inter State Gas Systems and Indian state-run utility GAIL. "The implementation of this project will give a powerful impetus to the social and economic development of all the participant countries," Turkmen Deputy Prime Minister Baimurad Hojamukhamedov said before the signing ceremony held...

... 2007-October 2008: Appointed regional development minister October 2008-present: Deputy prime minister; reappointed to serve in Prime Minister Dmitry Medvedev's Cabinet in May 2012. In charge of sports and the 2014 Winter Olympics in Sochi, construction and utilities, and regional policy. Kozak is married and has two sons.

... higher real wages and government spending in advance of the presidential election in March won by Vladimir Putin. However, analysts anticipate consumption growth to slow down later in the year as the government tightens spending and raises household utility prices. The preliminary GDP headline reading, which is often subject to revision, was higher than an initial estimate of 4 percent made by Economic Development Minister Elvira Nabiullina last month. 179738

... White House in 2009 to head the department for industry and infrastructure. Nonetheless, he has long been earmarked for promotion — in March this year Vedomosti named him as a potential candidate to head a proposed new Construction, Housing and Utilities Ministry, an idea that did not make it into Monday's reorganization. Sokolov has more connections to real estate than transportation — last September he was elected president of the Guild of Managers and Developers, an association of real...

... Russian average, the agency said. "The city's economy suffers from low productivity, especially in the industrial sector, and the state of the municipal infrastructure is poor, with a number of bottleneck issues such as obsolete transportation, utilities and housing. These constraints are mitigated by Novosibirsk's status as Russia's third-largest city and a regional economic center, with important service, transportation and research and development sectors," which S&P said help support...

... Moscow protesters is gradually changing. In addition to the demand for new free and fair elections, some demonstrators are now calling for free medicine and health care, granting more workers the right to strike without retribution, a price ceiling on utilities fees and an end to sharp cutbacks in education, including the closing of many schools across the county. Not surprisingly, the demonstrators' banners are changing their focus accordingly, and even those who do not identify themselves as leftists...

... competitive bank financing are already available to both developers and investors. Development economics in regional cities are particularly attractive. The administrations there are not yet spoiled with competing development schemes; the cost of land and utilities are very reasonable. A project of 80,000 square meter gross built area, modest by Moscow standards, will become the landmark development in cities of half a million people and attract a lot of positive attention from both the local mayor's office...

... presidential term on May 7, Putin signed 13 orders aimed, among other things, at boosting the country’s economic growth, increasing people’s incomes, developing the labor market, developing the defense industry and improving the quality of  public utilities, according to information on the Kremlin website.  “These orders set quite a rapid pace for the government’s work,” Medvedev said. “We have no time to prepare for the implementation of these orders. They must be fulfilled...

..., which will remain the area of Dmitry Rogozin’s expertise. Dmitry Kozak and Alexander Khloponin will also keep their previous responsibilities: the former will remain in charge of sports and the 2014 Winter Olympics in Sochi, construction and utilities, as well as regional policy, while the latter will continue to oversee the development of the North Caucasus. First Deputy Prime Minister Igor Shuvalov will continue to oversee financial and economic issues, which include budget planning, investment...

... for PPP projects in Russia. The Concessions Law applies to most types of infrastructure, including, inter alia, roads and roadside service facilities, public transport, railways, pipelines, sea and river ports, airports, hydraulic structures, public utilities, as well as medical, educational, cultural, sports and tourism facilities. However, prior to the latest changes, widespread use of the Concessions Law was impeded due to the fact that it did not allow the contracting parties — the state...

... Transportation, and Base Life Support providing input to identify key success factors, timing of procurement deliverables, implementing standardized work performance measurement systems, and establishing common work breakdown structures. • Effective in utilizing resources, improving processes to operational logistics and reducing costs. • Provides leadership to cause the creation of organizational structure and processes required to fully implement the requirements of services and responsible for...

... withdrawal through a Russian cargo airport in Ulyanovsk, but the plans are up in the air since the government has met an unexpected wave of resistance, including a short-lived hunger strike by Communist activists who criticize letting the Western alliance utilize a base in the country’s strategic heartland. Vershbow said Thursday that Moscow had not indicated when it would agree to such a deal and expressed hope that the “misunderstandings” can soon be resolved. Analysts have said the protests are the...

... are one reason. Each city has its own "character": a particular way of interacting with the local administration and the city's mayor. The regions are distinct in terms of their processes for allotting land, provision of the infrastructure utilities and mechanism of administrative support. It is extremely difficult for retail chain developers who are actively investing in a regional shopping centers chain to establish relations with local authorities in several cities at the same time....