PhosAgro Board of Directors Takes Key Parameters for 2020 Budget under Advisement

Moscow – The Board of Directors of PhosAgro (Moscow Exchange, LSE: PHOR), one of the world’s leading vertically integrated phosphate-based fertilizer producers, has taken under advisement the Company’s main budget parameters for 2020.  PhosAgro CEO Andrey Guryev said: “Given the current pricing environment in global fertilizer markets, it was recommended that the Management Board consider…

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Best New Band: Shortparis

As the only remaining independent, English-language news source reporting from Russia, The Moscow Times plays a critical role in connecting Russia to the world. Editorial decisions are made entirely by journalists in our newsroom, who adhere to the highest ethical standards. We fearlessly cover issues that are often considered off-limits or taboo in Russia, from…

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Severstal aouces ew ivestmet i aolamiated alloy techology

December 18, 2019 PAO Severstal, one of the world’s leading vertically integrated steel and mining companies, announced that its venture capital arm, Severstal Ventures, has made a minority investment in Modumetal, Inc., the leader in the innovation and commercialization of a novel class of nanolaminated alloys.  Severstal Ventures joins existing Modumetal stakeholders, including Vulcan Ventures,…

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Amazon’s Twitch Has Deleted Illegal Content and Won’t Face Ban, Russia Says

As the only remaining independent, English-language news source reporting from Russia, The Moscow Times plays a critical role in connecting Russia to the world. Editorial decisions are made entirely by journalists in our newsroom, who adhere to the highest ethical standards. We fearlessly cover issues that are often considered off-limits or taboo in Russia, from…

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2019: Russia’s Year in Photos

As the only remaining independent, English-language news source reporting from Russia, The Moscow Times plays a critical role in connecting Russia to the world. Editorial decisions are made entirely by journalists in our newsroom, who adhere to the highest ethical standards. We fearlessly cover issues that are often considered off-limits or taboo in Russia, from…

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Putin Still Uses Obsolete Windows XP, Report Says

Russian President Vladimir Putin appears to still use Microsoft’s discontinued Windows XP operating system, the Open Media news website reported Monday after examining photographs of his desktop. Microsoft stopped releasing security updates for Windows XP and Office 2003, with occasional exceptions, in April 2014. Russian officials are technically banned from using foreign software as Moscow…

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Rosneft Starts Selling Euro 6 Gasoline at Gas Stations in Moscow and Moscow Region

Rosneft Oil Company expands the sales of high-octane gasoline with enhanced environmental properties RON-95-K5 Euro 6 and Pulsar 95 Euro 6.

3 Things Russia Censored on TV in the Past Week

A series of censorship scandals rocked Russia’s television landscape in the past week. Here’s a look at the three high-profile cases where words, episodes or entire shows were taken down from Russian television screens: “Servant of the People” The Gazprom-owned TNT entertainment channel pulled Ukrainian President Volodymyr Zelenskiy’s political satire “Servant of the People” off…

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Russia and Belarus discuss gas cooperation from 2020 onward

Release December 16, 2019, 15:05 A working meeting of Alexey Miller, Chairman of the Gazprom Management Committee, with Vladimir Semashko, Ambassador Extraordinary and Plenipotentiary of the Republic of Belarus to the Russian Federation, and Viktor Karankevich, Belarusian Minister of Energy, took place today in St. Petersburg. The parties discussed relevant matters of cooperation in the gas sector from 2020 onward. The main focus was on the…

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Another round of gas negotiations between Russia and Ukraine held in Vienna

Release December 13, 2019, 18:50 Another round of bilateral negotiations on gas between Russia and Ukraine took place today in Vienna. The negotiations involved Alexey Miller, Chairman of the Gazprom Management Committee, and the heads of Naftogaz of Ukraine, Gas Transmission System Operator of Ukraine and the National Commission for State Regulation of Energy and Public Utilities. The parties discussed issues related to cooperation in the…

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A ‘machine vision’ system has been launched at the Kola NPP

As a part of the Rosenergoatom Joint-Stock Company’s digital transformation project, the Kola NPP has successfully delivered a pilot project on the implementation of automated control for personal protection compulsory adequate use program. The first batch of the innovative system has started its way in the substation integration module rooms where staff works with high-voltage…

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Russia’s Natural Population Decline to Hit 11-Year Record in 2019

Russia’s natural population decline will set an 11-year record this year as the country’s demographic crisis shows no signs of letting up, the RBC news website reported Friday.  Russia’s overall population totaled 146.7 million in January-September 2019, the State Statistics Service Rosstat said in a report last week. While migrant inflows had offset its natural…

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Russia Backs Penalties for Attending ‘Undesirable’ Courses Abroad

Russian lawmakers tasked with weeding out foreign interference have endorsed penalties for Russian nationals who attend “undesirable” NGO courses abroad, the country’s parliament said Thursday. The lower-house State Duma formed a special commission on foreign meddling in Russia after mass anti-government rallies rocked Moscow this summer. Since then, it has accused foreign news outlets, U.S.…

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Ukraine Detains 5 People for Killing Russian-Belarussian Journalist in 2016

Ukrainian police have detained five people, including a pediatric surgeon and a rock musician, over the killing of an investigative journalist in a car bomb in July 2016, law enforcement officials said on Thursday. Briefing journalists alongside President Volodymyr Zelenskiy, the officials said the motive for killing 44-year-old Pavel Sheremet, a Belarussian, was to destabilize…

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Russian Police Raid U.S.-Owned Web Server Nginx’s Moscow Office

Russian police raided the Moscow offices of a popular U.S.-owned web server over a Russian search engine giant’s ownership claim of its source code, Forbes Russia reported Thursday.  Authorities raided Nginx’s Moscow office based on a copyright infingement claim by Russian oligarch Alexander Mamut’s Cyprus-registered investment vehicle Lynwood, Forbes Russia cited an unnamed source at the…

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Pointing to Russian Mercenaries, Turkey’s Erdogan Weighs Joining Fight in Libya

Turkey could send troops to Libya if its UN-backed government requests help, Turkish President Recep Tayyip Erdogan said Tuesday, pointing to Russian military contractors currently in the war-torn country. Libya’s internationally recognized government said last week it plans to confront Russia over the private mercenaries with a list of up to 800 Russian fighters supporting…

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Putin Adviser Vows to Highlight Climate Activists’ Demands

Vladimir Putin’s environmental adviser has promised to bring Russian climate activists’ demands to the president later this month, the activists said Wednesday. The activists met Putin’s special representative on climate issues Ruslan Edelgeriyev at the UN climate conference in Madrid for over an hour, the Meduza news website reported.  “He agreed to convey our demands…

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Rehabilitative and remedial treatment technology wins top Science and Technology Prize

Release December 12, 2019, 15:10 Gazprom is creating cutting-edge hi-tech solutions. Economic benefit of implemented solutions exceeds RUB 60 billion. The award ceremony for the 2019 edition of the corporate Science and Technology Prize took place at the meeting of the Gazprom Management Committee. It was noted at the event that the total economic benefit of the award-winning solutions and technologies exceeds RUB 60 billion. The top prize…

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Gazprom’s positions to remain stable in long run

Release December 12, 2019, 15:00 The Gazprom Management Committee took note of the information about the impacts of the events of 2019 on the long-term outlook for the global energy market. It was highlighted that the ongoing growth in natural gas consumption around the world is one of the chief trends of 2019. China continues to demonstrate significant growth. In 2018, the country’s gas consumption went up by 18 per cent.…

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Gazprom Management Committee endorses drafts of investment program and budget for 2020

Release December 12, 2019, 14:40 Gazprom’s overall amount of investments for 2020: RUB 1,104.7 billion. Gazprom’s borrowings for 2020: RUB 557.8 billion. Final investment program and budget to be approved by Gazprom Board of Directors. The Gazprom Management Committee took note of the Company’s preliminary operating results for 2019 and the projected investment program and budget (financial plan) for 2021–2022. The Management Committee also endorsed the…

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Russian TV Pulls Ukraine President’s Comedy Series After Putin Joke

A Russian television channel has pulled a popular Ukrainian comedy starring current President Volodymyr Zelenskiy the day after its premiere, the Vedomosti business daily reported Wednesday. Zelenskiy, 41, played a disgruntled teacher whose viral rant catapults him into Ukraine’s presidency in the series called “Servant of the People.” Partly thanks to the sitcom’s popularity, Zelenskiy…

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Management Committee endorses Gazprom’s revised Dividend Policy

Release December 12, 2019, 14:30 It is proposed that dividends be calculated based on adjusted net profit under IFRS. Target level of payouts – at least 50 per cent – is to be reached in three years. New version of Dividend Policy will be submitted for approval by Gazprom Board of Directors. The Management Committee endorsed the draft new revision of Gazprom’s Dividend Policy. The document, which was developed as part of the effort to streamline the financial strategy…

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