Search Results for: Russia

BY KEITH NUTHALL
TOO many cooks spoil the broth. Or do they? As far as the world’s fight against money laundering is concerned, the World Bank and the International Monetary Fund think that they can bring extra flavour to the struggle waged by the OECD’s Financial Action Task Force (FATF).…

BY MARK ROWE
THE RUSSIAN government has re-launched production of its two most famous vodka brands, Stolichnaya and Moskovskaya, after they had been suspended for several months. The resumption of sales follows a long battle caused by the break up of the Soviet Union.…

BY KEITH NUTHALL
A TURKISH-OWNED chain of Russian shopping malls and supermarkets is to receive a US$70 million loan from the World Bank’s International Finance Corporation to almost double the company’s retail space in the country. Ramenka already operates four shopping malls and 10 supermarkets in the Moscow area under the name Ramstore.…

BY MARK ROWE
RUSSIA’S biggest ice cream producer Russky Kholod will launch a factory in Moscow with a projected output of 2,000 metric tons per month in 2003. The company has -modestly – described the plant as “the most modern ice-cream production facility in the world.”…

BY KEITH NUTHALL
THE RUSSIAN government has been pressing the European Union (EU) for a promise that it will not impose cap on its gas imports preventing it buying more than 30 per cent of its supplies from one non-EU exporter, papers released at last week’s EU-Russia summit in Brussels have revealed.…

BY MARK ROWE
RUSSIAN veterinary officials have started inspecting US poultry exporters for the first time since new American sanitary guidelines came into force on September 15. Russia, the largest market for US poultry producers, banned imports of American poultry in March over concerns about production methods and salmonella.…

BY ALAN OSBORN
THE “CE” mark, denoting that a product was made in the European Union, is being abused by unscrupulous manufacturers and traders and is giving legitimate companies a bad name according to delegates at a recent international forum on market surveillance.…

BY MARK ROWE
RUSSIAN veterinary officials have started inspecting US poultry exporters for the first time since new American sanitary guidelines came into force on September 15. Russia, the largest market for US poultry producers, banned imports of American poultry in March over concerns about production methods and salmonella.…

BY KEITH NUTHALL
THE EUROPEAN Commission has approved Germany’s controversial Euro 647 million state aid injection to TotalFina Elf subsidiary Mitteldeutsche Erdöl Raffinerie for constructing the Leuna 2000 refinery in Saxony-Anhalt. Brussels had re-examined the project and has now cleared all aid, including Euro 61.4 million, which had been blocked pending the decision.…

KEITH NUTHALL
THE EUROPEAN Bank for Reconstruction and Development (EBRD) is lending the Russian subsidiary of IKEA US$100 million to finance Russia’s first combined mega-shopping and entertainment complex. It will be built on the outskirts of Moscow and will be Russia’s largest shopping mall, covering 170,000 square metres.…