PhosAgro 2Q 2019 FCF up 22% to RUB 10.2 bln

Moscow – PhosAgro (“PhosAgro” or “the Company”) (Moscow Exchange, LSE: PHOR), one of the world’s leading vertically integrated phosphate-based fertilizer producers, today announces its interim condensed consolidated IFRS financial results for the three months (2Q) and six months (1H) ended 30 June 2019.  Revenue for 2Q 2019 rose by 3% year-on-year to RUB 58.1 billion…

Details

Russia Plans Mass Relocation of Ministries to Moscow’s Skyscraper Citadel, Reports Say

Over a dozen Russian cabinet offices will relocate to a cluster of skyscrapers in the sprawling financial district of western Moscow, the Kommersant business daily has reported. More than two decades in the making, Moscow’s business hub has struggled to fill its office space following the 2008 global financial crisis and Western sanctions on Russia.…

Details