Not Your Babushka’s Museum

If you’ve heard of the All-Russian Decorative Art Museum, it was probably from someone raving about embroidered Russian shawls or colorful enameled samovars from the 19th century. Indeed, the museum has an impressive collection of historical Russian decorative art. Last year, however, the museum opened the Center of Fashion and Design, whose exhibitions have been…

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Alexey Miller and Moldova’s President Igor Dodon review ongoing and future cooperation in gas sector

Background In 2018, Gazprom’s gas deliveries to the Republic of Moldova totaled 2.9 billion cubic meters of gas, an increase of 8.4 per cent against 2017 (2.7 billion cubic meters). The contracts between Gazprom and Moldovagaz for gas supplies to and gas transit across Moldova are valid until the end of 2019. Moldovagaz is a joint Russian-Moldovan company set up by Gazprom, the Moldovan Government, and the Ministry of Industry…

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LSR Group Reports 4Q and 12M 2018 Operating Results

A new contract sales high of RUB 93 bln with a total of over one million sqm in 2018 reflecting a strengthened competitive position and balanced portfolio

 

St. Petersburg, Russia – 28 January 2019 – PJSC LSR Group (“LSR” or the “Company”) (LSE: LSRG; MOEX: LSRG), one of the leading real estate developers and building materials producers in Russia, today announces its operating results for the fourth quarter and twelve months ended 31 December 2018.

FY2018 Highlights:

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LSR Group makes seventh coupon payment on its Series 001P-02 bonds

PJSC LSR Group (“LSR” or the “Company”) (LSE: LSRG; MOEX: LSRG), one of the leading real estate developers and building materials producers in Russia, today announces that it has made the seventh coupon payment on its non-convertible interest-bearing certified exchange-traded Series 001P-02 bonds. A payment of RUB 120,300,000 has been made to the bearer with…

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Polymetal International plc has been contacted by Public Joint Stock Company Bank Otkritie Financial Corporation (“Otkritie”), a shareholder having 6.93% shares in the issued capital of the Company, indicating that it would like to propose a director for appointment to the Board of Polymetal.

Polymetal International plc has been contacted by Public Joint Stock Company Bank Otkritie Financial Corporation (“Otkritie”), a shareholder having 6.93% shares in the issued capital of the Company, indicating that it would like to propose a director for appointment to the Board of Polymetal. The directors have considered Otkritie’s intention and believe it to be…

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Russian Senator Detained on Murder Charges Inside Parliament

A Russian senator has been detained on murder charges during a live session at the Federation Council building in Moscow on Wednesday. Rauf Arashukov, 32, who represents the North Caucasus republic of Karachayevo-Cherkessia, was detained inside Russia’s upper chamber of parliament, Russian state media reported, citing sources present at the session. Russia’s Investigative Committee later…

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Miratorg increased feedstuff production by 4.7% to 1.53 million tons in 2018

Miratorg increased feedstuff production by 4.7% to 1.53 million tons in 2018
Belgorod, January 29 – «Miratorg», the largest vertically integrated agricultural holding in Russia, reports increase in feedstuff production by 4.7% to 1.53 million tons in 2018 year on year.

The company has already invested over 7.6 billion rubles to build from the scratch its feed production division with four feed mills in Belgorod and Bryansk regions. The feed mill division with a capacity of 1.66 million tons fully meets the Company’s need for high-quality animal feed. More than 80% of the total production is feed for the pig production division. The feed plants produce about 30 types of compound feed, including prestarter feeds, sprayed-on wheat and structured grain.

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Russia Ties Lebanon in 2018 Corruption Perceptions Index — Transparency International

Russia has dropped further in an annual corruption index compiled by the Transparency International watchdog for 2018, tying with countries like Lebanon, Mexico and Papua New Guinea. Russia had consistently ranked in the bottom half of the global civil society group’s annual corruption perceptions index. Federal prosecutors said they cracked down on $27 million worth…

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PhosAgro Delegation Headed by CEO Andrey Guryev Takes Part in Opening Ceremony at UNESCO Headquarters to Launch International Year of the Periodic Table

Paris, France – Andrey Guryev, member of the Commission of the Russian Federation for UNESCO and CEO of PhosAgro, one of the world’s leading producers of phosphate-based fertilizers, took part in the official opening ceremony of the International Year of the Periodic Table held today at UNESCO headquarters in Paris, which took place with PhosAgro’s support.…

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Alexander Suvorov

Alexander Vasilievich Suvorov was born on November 13 (24), 1729/30 in Moscow, in the family of the Ensign of the Life Guards of the Preobrazhensky Regiment Vasily Ivanovich Suvorov. His grandfather, Ivan Grigorievich, was the general clerk of the Preobrazhensky order, who was in charge of political investigations. Suvorov’s father, Vasili Ivanovich Suvorov (1708-1775), started his military service as a batman of Peter the Great, later held prosecutorial posts, took an active part in the 1762 overturn, was highly trusted by Catherine the II, and rose to the rank of general-anshef. History lacks the precise information about the year of A.V. Suvorov’s birth. Some historians adhere to the 1730, others consider the 1729 more correct on the basis of a number of documents.

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Russian Finance Ministry Says Venezuela Must Repay Its Debt to Moscow on Time

Russia expects Venezuela will probably have problems servicing its sovereign debt to Moscow, Russia’s Deputy Finance Minister said on Tuesday, after Washington imposed sweeping sanctions on Venezuela’s state oil firm in a move the Kremlin called illegal. The Trump administration on Monday imposed restrictions on the PDVSA oil company, aimed at curbing the OPEC member’s crude exports…

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Top Russian Executive Fired Over Sexually Explicit Gaming Stream – Reports

A senior state corporation manager has been fired after boasting about his sexual relations with junior employees during a gaming stream leaked online, Russian media reported Tuesday. A Twitch livestreaming platform video appeared on Monday purporting to show Ruslan Gorring, the deputy head of a state mineral exploration corporation, cursing out other players. The nearly…

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Russia Expects Venezuela Will Struggle to Remunerate Moscow

Russia expects Venezuela will probably have problems servicing its sovereign debt to Moscow, Russia’s Deputy Finance Minister said on Tuesday, after Washington imposed sweeping sanctions on Venezuela’s state oil firm in a move the Kremlin called illegal. The Trump administration on Monday imposed restrictions on the PDVSA oil company, aimed at curbing the OPEC member’s crude exports…

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Russia Moves to Decriminalize ‘Unavoidable’ Corruption, Following Putin’s Proposal

Russia’s Justice Ministry has proposed exempting officials in “exceptional circumstances” from anti-corruption regulations in new draft legislation, following a plan set by Russian President Vladimir Putin last year. Russia ranks among the world’s most corrupt countries, with Transparency International’s annual corruption perceptions index ranking it in 138th place this year out of 180 countries. Read More Putin…

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Russia’s Health Ministry Wants to Import Marijuana for Research

Russia’s health ministry has said that it wants to legalize the import of hashish and marijuana for research purposes, according to a recently published draft bill. Russia bans the circulation of drugs, including marijuana and other cannabinoids whose use is legalized in certain U.S. states and European countries. Hashish contains higher concentrations of the psychotropic…

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Moscow Hit by Freak Snowstorm, in Photos

Alexander Avilov / Moskva News Agency Moscow was hit with its heaviest snowfall in nearly 70 years over the weekend, Russian media reported. While snow piled up on the pavements and snowplows hit the streets, many Muscovites rejoiced. The snowstorm started on Saturday morning and continued uninterrupted for some 37 hours, the weather news website Meteonovosti reported. …

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Gazprom and OMV discuss relevant cooperation issues

Background OMV AG is Gazprom’s main partner in Austria. The companies cooperate in gas production, transportation and supplies. Since 2017, OMV has been partnering with Gazprom in the Yuzhno-Russkoye oil, gas and condensate field development. In June 2018, an Agreement was signed to extend until 2040 the existing contract between Gazprom Export and OMV Gas Marketing & Trading GmbH for Russian gas supplies to Austria. In November 2018, an Amendment to the contract on gas supplies to Austria…

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David Burliuk Comes Back to Moscow

Last weeked to discover the most famous Russian art you’ve never seen “Woman With a Mirror” (1915-16) by David Burliuk Courtesy of Museum of Russian Impressionism Even if you don’t know the avant-garde poet and artist David Burliuk, you’d probably recognize his image instantly: a stocky man in a frock coat and top hat, with…

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First Victim of Russia’s ‘Undesirable Organizations’ Law Declared Prisoner of Conscience

Amnesty International has declared the first activist to be prosecuted under Russia’s law against “undesirable organizations” a prisoner of conscience on Friday. A law passed in 2015 allows prosecutors to limit or halt the work of foreign organizations deemed “undesirable,” punishing those breaking these limits with fines or prison terms lasting up to six years.…

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Russia Volunteers to Mediate Between Government and Opposition in Venezuela

Russia on Friday offered to mediate between the government and opposition in Venezuela if necessary, saying it was ready to cooperate with all political forces that acted responsibly, the RIA news agency reported. The comments came a day after Moscow said Nicolas Maduro was Venezuela’s legitimate president and not opposition leader Juan Guaido, who declared himself…

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Ode to a Preposition

При: very capacious preposition When Russians are learning English, they complain about articles, verb tenses, modal verbs and prepositions. Having listened to a lot of Russian ranting about my native tongue over the years, I can attest that they eventually accept that the difficulties of the first three categories are just part of the structure…

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