Search Results for: Russia

BY MARK ROWE
AUSTRALIAN specialised technology firm Ausmelt has signed a US$9.5 million contract to provide its technology to modernise the Karabashmed copper smelter in Russia’s Urals region. Work on an engineering design for a new Ausmelt furnace and an electric settling furnace will begin immediately and the new plant is set to commence operations in the second half of 2004.…

BY MARK ROWE
RUSSIA’S Vsampo-Avisma Group, Europe’s top titanium producer, is planning to sell as much as 27 per cent of its stock at an initial public offering on foreign exchanges. Moscow-based Troika Dialog brokerage will advise on the sale, according to Vsmpo-Avisma’s deputy general director Vyacheslav Bresht.…

BY MARK ROWE
THE LONG-RUNNING row between Russia and the United States has taken another twist with Moscow reducing the number of its approved American suppliers from 341 to 266. The Russian government cited concerns about health standards in the US poultry industry, the reason for an earlier blanket ban, which was lifted recently.…

BY KEITH NUTHALL
THE ROYAL Dutch/Shell Group has said its US$1.16 billion joint venture with Sibir Energy to tap west Siberian oil fields was told by Russia to halt work because of alleged breaches of licence conditions and Russian objections to changes in the companies’ development plans.…

BY MARK ROWE
THE RUSSIAN government has threatened barring Turkish construction companies from operating in Russia unless Ankara reverses its refusal to buy gas via Gazprom’s US$3 billion Blue Stream pipeline. Ankara cut imports of Russian gas through the pipeline in a payment dispute.…

BY KEITH NUTHALL
BONDUELLE is combining Euro 15 million from the EBRD with its own money to build a Euro 41 million plant producing 60,000 tonnes of fresh packaged vegetables a year, in Krasnodar, southwest Russia.…

BY MARK ROWE
RUSSIA has called on the European Union to adopt a single veterinary certificate to accompany exports from any country in the block. Such a procedure would replace the current system of different certificates issued by separate countries. The demand reflects Russia’s increasing concern about guarantees on the safety of imported livestock and animal products.…

BY MARK ROWE
DANISH confectionary giant Dandy’s Dirol-Cadbury has won an injunction to continue operating its plant in the Russian town of Novgorod despite government efforts to close it down for alleged unspecified breaches. Russia’s National Resources Ministry said it had decided to suspend Russia’s largest chewing gum manufacturer for what it described as “the unauthorised release of harmful agents into the atmosphere” at the US$100 million factory.…

BY MARK ROWE
RUSSIAN Aluminium has confirmed that it has been in discussion with officials in Sierra Leone about a possible takeover of a bauxite mine in the country.

Officials at Sierra Leone’s Mineral Resources Ministry said that RusAl had put together an investment project for a bauxite mine in southern Sierra Leone and that the plans formed part of a wider strategic co-operation between the government of Sierra Leone and RusAl.…

BY MARK ROWE
RUSSIA is to resume imports of Brazilian boneless beef and pork. Russia, a major new market for Brazilian beef exporters, banned purchases from Brazil last December because of concerns over the disease bovine vesicular stomatitis. Brazil says the export herds have been free of the disease for at least one year.…