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…

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 today. 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 the…

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…

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…

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…

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…

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.…

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…

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…

A Glimpse Behind the Iron Curtain

As a young ballerina with the Moscow City Ballet, from 2008-2012 Varvara Bortsova lived, traveled and worked alongside dancers from across the post-Soviet sphere. Artists in the company came from nearly every corner of the former U.S.S.R., from the steppes of Central Asia to the mountains of the Caucasus to the shores of the Baltic…