February 13, 2019 PAO Severstal (“Severstal”; “the Company”), one of the world’s leading vertically integrated steel and steel-related mining companies, announces that Moody’s has upgraded its rating on Severstal to Baa2 from Baa3 and changed its outlook from positive to stable. Moody’s also raised Russia’s country ceilings for foreign currency debt to Baa2/P-2 from Baa3/P-3…
Russian lawmakers advanced a contentious draft bill on Tuesday that seeks to give the authorities the power to unplug the national internet network from the outside world. Deputies submitted the measures to tighten state control over the internet in December, citing the need to respond to an “aggressive” U.S. national cybersecurity strategy. Although Russia’s state…
Aspire Zone sports complex in Doha hosted an exhibition performance of Russian sambo athletes during the celebration of National Sports Day in Qatar. Rosneft Oil Company provided for the event as its main sponsor. The exhibition show, as well as a series of workshops by the seven best Russian sambo athletes, introduced the locals to…
Russia’s Economic Development Ministry has projected significantly slower GDP growth over the next year, describing growth at 2018 levels as “unsustainable.” The Rosstat federal statistics agency sparked skepticism last week for releasing figures that suggested that Russia’s economy had grown 2.3 percent in 2018 — its fastest rate since 2012 and up from 1.6 percent…
ROSATOM has launched the sector-wide Advance Training Program for managers of nuclear facility construction projects in the Russian Federation and abroad. It will allow building up new competences, implement best world practices of construction project management on sites and train necessary candidates pool for implementation of the world’s largest portfolio of NPP construction projects. The…
Russian scientists have again delayed the launch of a research spacecraft to the sun over technical issues, researchers say. Russia had been scheduled to send the spacecraft as part of the “Interheliozond” project sometime after 2015, though this was later postponed to 2022 and then again to a final date of 2026. Read More Russia…
A group of passengers plummeted from a plane ladder when it collapsed as they boarded a flight from Siberia to Moscow, officials said on Tuesday. Black-and-white footage of the incident showed passengers boarding a Ural Airlines flight when the ladder’s platform suddenly buckled, dropping the passengers to the ground. At least five passengers were injured…
A court in Estonia has convicted a former military member and his father of espionage for Russia. Ex-defense force member Deniss Metsavas, 38, and his father Pyotr Volin, 65, were suspected of treason and placed in custody by a court in Tallinn in September. Metsavas was suspected of passing state secrets and classified information to…