Category Archives: Russia

Press Releases & News from Russia distributed via EuropaWire

Orkla entered into agreement to sell OJSC Orkla Brands Russia to Slavyanka-Lyuks JSC

Orkla has entered into an agreement to sell OJSC Orkla Brands Russia to Slavyanka-Lyuks JSC, a member of the Russian confectionery group Slavyanka. OSLO, 2-12-2014 — /EuropaWire/ — Under the agreement, Orkla will divest 100 per cent of its shares … Read the full press release

Huawei and MegaFon to create and quickly roll out 5G next generation communications standard networks in Russia

Next network will be tested in the run up to the FIFA 2018 World Cup Russia. Shanghai, China, 19-11-2014 — /EuropaWire/ — Huawei, a global ICT solutions provider, and Open Joint Stock Company MegaFon (“MegaFon” or “operator”), a leading mobile operator in Russia, have signed a relevant memorandum of understanding. The … Read the full press release

Zurich Insurance Group successfully closed the sale of its general insurance retail business in Russia to OLMA Group

ZURICH, 5-11-2014 — /EuropaWire/ — Zurich Insurance Group (Zurich) has successfully closed the sale of its general insurance retail business in Russia to OLMA Group. The transaction is a proof-point of Zurich’s 2014-2016 strategy to invest in priority markets, while either … Read the full press release

Rostec Corporation: Aviation Equipment and United Engine Corporation to participate in WorldSkills Hi-Tech competition

Aviation Equipment and ODK have presented their representatives for the Russian national competition MOSCOW, 29-10-2014 — /EuropaWire/ — Teams from Aviation Equipment and United Engine Corporation (ODK) holding companies, which are part of Rostec Corporation, are participating in the largest … Read the full press release

GE, Inter RAO and United Engine Corporation joint venture Russian Gas Turbines LLC opens gas turbine manufacturing facility in Rybinsk, Russia

The first two turbines will be assembled as early as in 2015 MOSCOW, 29-10-2014 — /EuropaWire/ — Russian Gas Turbines LLC, a joint venture of GE (NYSE: GE), Inter RAO and  United Engine Corporation (UEC, a Rostec subsidiary), opened a … Read the full press release

Barclays launches two year sponsorship partnership with JA-YE Europe with six innovation camps in Spain, Russia, Italy, France, Germany and Portugal

BRUSSELS, 29-10-2014 — /EuropaWire/ — On Wednesday, Barclays launches its two year sponsorship partnership with JA-YE, kicking off a two-year plan with six innovation camps in Spain, Russia, Italy, France, Germany and Portugal on the theme of increasing economic growth.  Over … Read the full press release

Novocherkassk Electric Locomotive Plant delivered the first two 2ES5 freight electric locomotives `Scythian` to JSC Russian Railways

MOSCOW, 7-10-2014 — /EuropaWire/ — Novocherkassk Electric Locomotive Plant (NEVZ, a part of JSC Transmashholding) has delivered to JSC Russian Railways the first two 2ES5 freight electric locomotives `Scythian`. The locomotives were forwarded to depot Vikhorevka of East-Siberian Railway. The … Read the full press release

Pierre Audoin Consultants ranked MAYKOR as the leader amongst IT service providers serving the retail segment in Russia

MOSCOW, 3-10-2014 — /EuropaWire/ — Pierre Audoin Consultants (PAC), one of the leading European-based market research and consulting companies, ranked MAYKOR, a leading Russian provider of IT and Business Process Outsourcing services, as the leader amongst IT service providers serving the … Read the full press release

Uralkali appoints Anton Vishanenko as the interim CFO

Berezniki, Russia, 2-10-2014 — /EuropaWire/ — Uralkali (LSE: URKA; the Company), one of the world’s largest potash producers, announces that Viktor Belyakov has resigned from his position as Chief Financial Officer of the Company. Anton Vishanenko will act as the interim CFO until the … Read the full press release

JSC Aeroflot welcomes the first non-Russian pilot to join Russia’s flag carrier

MOSCOW, 25-9-2014 — /EuropaWire/ — JSC Aeroflot (“the Company”, Moscow Exchange ticker: AFLT) CEO Vitaly Saveliev today welcomed the first non-Russian pilot to join Russia’s flag carrier. Klaus Rohlfs, a German citizen, will make his maiden flight as an Aeroflot … Read the full press release

MAYKOR’s versatility and expertise provided smooth vote counting at Khabarovsk Election in Russia

MOSCOW, 24-9-2014 — /EuropaWire/ — The optical scan voting systems (OSVS) operated smoothly at the last elections in Khabarovsk. MAYKOR was responsible for technical support this equipment. OSVS are specialized mixes of hardware and software designed to automatically count. Given … Read the full press release

MAYKOR’s GMCS won number of awards for Microsoft Dynamics ERP and Dynamics CRM at Microsoft Dynamics VISIONDAYS’2014 partner forum

MOSCOW, 24-9-2014 — /EuropaWire/ — GMCS, a subsidiary of MAYKOR, became the leader of the annual competition of leading suppliers of Microsoft solutions, received a number of awards for Microsoft Dynamics ERP and Microsoft Dynamics CRM. The award was held … Read the full press release

Transmashholiding’s Demikhovo Engineering Plant received compliance certificate for serial production of new rolling stock type

MOSCOW, 9-9-2014 — /EuropaWire/ — Demikhovo Engineering Plant (DMZ, a part of JSC Transmashholiding) has received a compliance certificate of Certification Register of Federal Railway Transport for serial production of a new rolling stock type, special-purpose ac EMU named as … Read the full press release

Vnesheconombank and the Development Bank of Mongolia to fund supplies of Russian products and services to Mongolia

Moscow, Russia, 5-9-2014 — /EuropaWire/ — In the course of Russian President Vladimir Putin’s formal visit to Mongolia, Vnesheconombank and the Development Bank of Mongolia signed an Agreement of Intent. On behalf of Vnesheconombank, the Agreement was signed by Deputy … Read the full press release

Uralkali announces audited financial results for the six months ended 30 June 2014 in accordance with IFRS and audited by PricewaterhouseCoopers Audit

Berezniki, Russia, 1-9-2014 — /EuropaWire/ — Uralkali (LSE: URKA “the Company”), announces that the Board of Directors at a meeting on 28 August 2014 approved the Company’s audited financial results for the six months ended 30 June 2014 prepared in accordance with IFRS and audited by PricewaterhouseCoopers Audit. 1H 2014 FINANCIAL HIGHLIGHTS¹: Revenue … Read the full press release

European Commission opens Private Storage Aid for butter, SMP and cheeses to alleviate the impact of Russian restrictions on imports of EU dairy product

Brussels, 29-8-2014 — /EuropaWire/ — The European Commission has announced today that it will open Private Storage Aid for butter, Skimmed Milk Powder (SMP) and certain cheeses in order to alleviate the impact of Russian restrictions on imports of EU dairy products … Read the full press release

MegaFon: S&P affirmed the Company’s foreign and local currency corporate rating at the “BBB-” level

MOSCOW, 22-8-2014 — /EuropaWire/ — Open Joint Stock Company “MegaFon” (LSE: MFON), a leading Russian telecommunications operator (“MegaFon” or “the Company”), announces that Standard and Poor’s Ratings Services (“S&P”) has affirmed the Company’s foreign and local currency corporate rating at the “BBB-” level and … Read the full press release

LUKOIL: first batch of oil in reimbursement of the costs incurred by LUKOIL as part of the West Qurna-2 project shipped

MOSCOW, 21-8-2014 — /EuropaWire/ — Sea Triumph, a tanker chartered by LITASCO (an international marketing subsidiary of OAO LUKOIL), left the port of Basra in southern Iraq with a load of crude. This is the first batch of oil in reimbursement of the costs incurred by … Read the full press release

OAO LUKOIL fulfilled its dividend-payment obligations based on the 2013 financial performance

MOSCOW, 21-8-2014 — /EuropaWire/ — By virtue of the decision made at the Annual General Meeting of OAO LUKOIL of June 26, 2014, the company has fulfilled its dividend-payment obligations based on the 2013 financial performance. In view of the new dividend payment … Read the full press release

Rusatom International Network JSC to cooperate with the Federal University of Rio de Janeiro over nuclear energy

MOSCOW, 15-8-2014 — /EuropaWire/ — On August 11, 2014 Rusatom International Network JSC and the Federal University of Rio de Janeiro signed the Agreement of cooperation in nuclear energy. The agreement defines basis for realization of joint projects in scientific and educational … Read the full press release