Russian Army Introduces New Military Rank

Russia’s armed forces have introduced a new military rank of sergeant major, “experimenting” with 370 of the new recruits in the southern district. Plans to add the new rank as part of Russia’s military reform have been considered since the early 2010s. A sergeant major would undergo grueling recruitment procedures and oversee the military’s sergeant…

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PhosAgro AGM Approves Dividends

Moscow – The Annual General Meeting of shareholders (AGM) of PhosAgro (“the Company”) (Moscow Exchange, LSE: PHOR) has approved a final dividend payment for 2018 of RUB 6.6 billion, which represents RUB 51 per ordinary share (RUB 17 per GDR) from undistributed net profit for 2018. The dividend record date was set as 10 June…

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Russia’s High-Tech Nuclear Submarine Delayed By Design Flaws

The delivery of Russia’s most expensive and technically advanced nuclear submarine to the Russian Navy is being delayed by design flaws, Russian media have reported. “Kazan” (K-561) is the first modernized multipurpose submarine of the Yasen-M class after “Severodvinsk” was handed over to the Northern Fleet in 2013. There are considerable changes in the auxiliary systems on…

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Russia and Congo have signed the intergovernmental agreement of the cooperation in the peaceful uses of atomic energy

During an official visit of President of the Republic of Congo Denis Sassou Nguesso, on May 23, 2019 in Moscow the Intergovernmental Agreement concerning the cooperation in the field of the peaceful use of atomic energy was signed. Director General of ROSATOM Aleksey Likhachev signed the document for the Russian party. For the Republic of…

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Russian Police Official Decries Falling Living Standards for Police, Declares $600K Salary

Russia’s deputy chief of police declared an income of 38 million rubles ($588,000) two days after complaining that law enforcement officers’ living standards are falling. Deputy Interior Minister Arkady Gostev’s income grew tenfold between 2017 and 2018, according to declarations published on Thursday, making him the richest police officer in Russia. Police spokeswoman Irina Volk…

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Oleg Vakhovsky put in charge of Gazprom Transgaz Surgut

Release May 24, 2019, 13:45 Oleg Vakhovsky has been appointed Director General of Gazprom Transgaz Surgut. Oleg Vakhovsky was born in 1971 in Artyomovsk, Donetsk Region. He graduated from the Gubkin State Academy of Oil and Gas, majoring in Oil and Gas Field Development and Operation, and received an MBA in Human Resource Management from the Academy of National Economy under the Government of the…

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Drugs Found in Arrested Russian Ex-Minister’s Apartment, Investigators Claim

Russian investigators say they have found drugs in the apartment of detained former minister Mikhail Abyzov, Interfax reported on Thursday. Abyzov, 46, faces up to 20 years behind bars on suspicion of embezzling $62 million. The former minister of a since-disbanded Open Government Affairs post denies the charges. A forensic analysis showed that a “narcotic substance”…

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Gas Supply to Domestic Market. Executing Russian Regions Gasification Program Press Conference held

PhosAgro Welcomes EU-wide Cap on Cadmium Levels in Fertilizers

Moscow – PhosAgro (“the Company”) (Moscow Exchange, LSE: PHOR), one of the world’s leading vertically-integrated phosphate-based fertilizer producers, welcomes the final decision taken at the level of the European Parliament and the European Council to limit the sale of phosphate-based fertilizers containing high levels of heavy metals everywhere in the EU from 2022 and to…

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Russian Government Rejects Proposal to Fine Officials for Insulting Citizens

The Russian government has rejected a bill that would have introduced fines for officials who exhibit disrespect toward citizens, weeks after lawmakers passed a bill that introduced fines for disrespecting the authorities. Communist lawmakers introduced the legislation in February, seeking to fine and suspend civil servants for humiliating voters. Around the same time, another bill that…

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Russian Radio-Electronic Shield Now Covers the Arctic, Officials Say

New systems for radio-electronic warfare installed along Russia’s Arctic coast are capable of jamming foreign ships and aircraft from thousands of kilometers away, Russian military officials have been cited as saying by the Izvestia tabloid. The Northern Fleet has completed its new Center for Radio-Electronic Warfare, military representatives told Izvestia. The center includes two Murmansk-BN systems, as…

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Russian Duma Rules to Allow HIV Patients to Adopt Children in Their Care

Russians living with HIV will be able to legally adopt children living with them under new legislation passed on Tuesday. Russia’s Constitutional Court ruled last year that preventing HIV-positive families from adopting children who already live with them was unconstitutional. The changes were anticipated as part of Russia’s broader state strategy to combat the epidemic…

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PhosAgro Receives Shareholding Notice from Igor Antoshin

Moscow – PhosAgro (Moscow Exchange, LSE: PHOR), one of the world’s leading vertically integrated phosphate-based fertilizer producers, has been informed by its shareholder Igor Antoshin about a transaction with the Company’s shares. Following the transaction, Mr Antoshin’s total stake in PJSC PhosAgro’s authorised capital amounts to 6.15% (7,962,529 voting shares).  As a result, the Company’s…

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Gazprom and OMV discuss gas supplies and Nord Stream 2

Release May 21, 2019, 19:10 A working meeting between Alexey Miller, Chairman of the Gazprom Management Committee, and Rainer Seele, Chairman of the Executive Board of OMV, took place in Moscow toda y. The parties reviewed current areas of cooperation. Among other things, the meeting participants discussed the ongoing exports of Russian gas to Austria, noting that gas exports to the country continue to grow in 2019 and…

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On This Day: Andrei Sakharov

Andrei Sakharov was a nuclear physicist and an outspoken activist for disarmament, peace and human rights in the Soviet Union. He was persecuted for his views on civil liberties and reform, but it was these efforts that earned him the Nobel Peace Prize in 1975. Today, the Sakharov Prize is awarded by the European Parliament…

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Poland Urges Russia to Compensate for Oil Mistakes — Polish Prime Minister

Russian suppliers will have to provide financial compensation for their mistakes over contaminated oil, Polish Prime Minister Mateusz Morawiecki said on Tuesday. Flows through the Druzhba pipeline were suspended last month due to contamination, sending shockwaves through global oil markets. “Russian suppliers made major business and operational mistakes… Russia and Russian firms have to respond…

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Renault Hands Control of the Dashboard to Yandex

Russia’s transition to connected vehicles is looking increasingly homegrown after the country’s biggest car-making alliance handed control of its dashboards to local search engine Yandex. The Renault-Nissan-AvtoVAZ partnership, which has about a third of the Russian market, will use Yandex in locally made cars for services like real-time navigation, voice assistance and music. The pact…

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Russian Millennials Worry Most About Corruption and Inequality, Study Says

Russian millennials are more concerned about corruption and income inequality than their global peers, the U.S auditing company Deloitte said in a survey published Monday. Millennials around the world named climate change (29 percent) and income inequality (22 percent) as their top personal concerns, the survey said. Russian millennials named political and business corruption (38…

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Kremlin Is Spending $43M to Renovate Imperial Mansion for Orthodox Patriarch, Media Reports

The Kremlin’s property management department is financing luxury renovations for the residence of Russian Orthodox Church leader Patriarch Kirill near St. Petersburg, The Bell business outlet reported Tuesday. The former residence of Russia’s imperial family, which is being converted for use by the patriarch, occupies almost 2.5 hectares (6.1 acres) of land south of St.…

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Ukraine’s Zelenskiy Asks U.S. for Stronger Anti-Russia Sanctions on First Day in Office

Newly inaugurated Ukrainian President Volodymyr Zelenskiy has asked U.S. officials to step up sanctions against neighboring Russia in one his first foreign policy actions. Zelenskiy has said that Ukraine’s most pressing issue is conflict with its neighbor Russia, which annexed the Crimean peninsula in 2014 and backed separatists in a war in the east that…

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15,000 Employees of Rosneft and Its Subsidiaries Take Part in Green Spring Environmental Campaign

Rosneft and more than 80 subsidiaries took part in Green Spring, the Russia-wide environmental volunteer clean-up. Throughout the month, the Company’s employees were participating in environmental campaigns: they were cleaning the area of garbage, planting trees, engaging in the development of urban areas and manufacturing sites. Overall, more than 930 hectares were cleaned, which is…

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15,000 Employees of Rosneft and Its Subsidiaries Take Part in Green Spring Environmental Campaign

Rosneft and more than 80 subsidiaries took part in Green Spring, the Russia-wide environmental volunteer clean-up. Throughout the month, the Company’s employees were participating in environmental campaigns: they were cleaning the area of garbage, planting trees, engaging in the development of urban areas and manufacturing sites. Overall, more than 930 hectares were cleaned, which is…

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