Moscow – PhosAgro (“PhosAgro” or “the Company”) (Moscow Exchange, LSE: PHOR), one of the world’s leading vertically integrated phosphate-based fertilizer producers, today announces its consolidated IFRS financial results for the three months (1Q) ended 31 March 2019. Revenue for 1Q 2019 rose by 32% year-on-year to RUB 72.3 billion (USD 1.1 billion). EBITDA increased by…
Two-thirds of Russian families have no financial savings to speak of, according to a new survey published by the independent Levada Center polling agency. The findings back up official data showing five consecutive years of declining real incomes as Western sanctions and dropping oil prices hit Russian consumers. Sixty-five percent of Russian households reported a…
Russian lawmakers are seeking to criminalize the publication of materials that leads to sanctions imposed against the country or individuals, the latest in a host of legislation to tighten control over the flow of information. Mikhail Emelyanov, a lawmaker for the pro-Kremlin Just Russia party, is proposing amendments to the criminal code to impose a…
The mayor of the Siberian city of Krasnoyarsk has canceled plans to build a pre-revolutionary cathedral in place of a public park as protests against similar plans rocked Russia’s fourth-largest city of Yekaterinburg. Clashes erupted in Yekaterinburg this week as residents tore down fencing enclosing its riverside park ahead of church construction. Dozens of arrests…
Authorities in Russia’s fourth-largest city of Yekaterinburg have detained dozens of people as thousands of residents continued to defend a riverside park from plans to build a church on its grounds. Protests against placing the church in the city’s central park entered their third day Wednesday following clashes with defenders of the construction site, which…
Moscow – The Board of Directors of PhosAgro (Moscow Exchange, LSE: PHOR), one of the world’s leading vertically integrated phosphate-based fertilizer producers, has recommended that the Extraordinary General Meeting of Shareholders (“EGM”) approve a dividend payment in the amount of RUB 9.3 billion, or RUB 72 per ordinary share (RUB 24 per Global Depositary Receipt)…
The official opening of the Nuclear Technology Information Center, a joint project of Uzatom and ROSATOM, took place in Tashkent on 15 May. Uzatom Director General Zhurabeck Mirzamakhmudov, ROSATOM Director General Alexey Likhachev, President of Uzbekistan Academy of Sciences Bekhzod Yuldashev, Russian Ambassador to Uzbekistan Vladimir Turdenev took part in the event as along with…
Moscow will suspend construction of a controversial $162 million landfill in northern Russia after months of protests against plans to ship waste in from the capital, the Vedomosti business daily reported Wednesday. Residents of Arkhangelsk region actively oppose construction of the landfill in the former village of Shiyes designed to take in up to 500…
Russia’s efforts to resolve an unprecedented oil-contamination crisis suffered a setback as the nation loaded another tainted cargo from a port in the Baltic Sea, days after the government had said the port was clear. Traders receiving Urals crude at the Ust-Luga terminal said some oil continues to exceed acceptable levels of organic chloride, the…
Advanced new drones equipped with a stun gun and blinding laser have been developed for the Russian military, Interfax reported Wednesday citing an arms industry official. Russian security forces have been increasingly turning to laser technologies over the past year. In November 2018, Russia’s National Guard bought two laser-equipped vans designed to disperse protesters. The…
From May 15 through June 15, Russia holds the United Days of Protection of Small Rivers and Ponds. This movement involves more than 100 environmental organizations throughout Russia, and aims to celebrate the smaller of Russia’s waters. While the country gets set cleaning, assessing, developing and restoring these small rivers and ponds, here’s a look…
A Russian national has been sentenced to 25 years in prison for allegedly plotting a terror attack in the country’s east, state media reported Wednesday. A total of 20 terror attacks were prevented by security forces in 2018, the first deputy chief of Russia’s Anti-Terrorism Committee told reporters earlier this year. According to the committee’s…
Hundreds of thousands of Russians, including former government officials, have had their passport data posted online in the country’s latest massive data leak, the RBC news website cited new research as saying Wednesday. The breach of at least eight government websites, analyzed by privacy expert Ivan Begtin, exposed the passport data of 360,000 people. Last…
Rosneft Oil Company reviewed the results of the Rosneft United Research and Development Centre (RN-RDC). Since its foundation in 2016, RN-RDC has become Europe’s largest scientific oil and gas centre, the amount of work performed using its own resources has increased more than 2 times. At the moment, it includes 32 design and research institutes,…
Messoyakhaneftegaz, a joint venture of Gazprom Neft and Rosneft, produced the 10 millionth ton of oil. This target was reached in less than three years of operation of the East-Messoyakha field. During the period, over 300 production wells were built in the licence area. The total drilling rate exceeded 1.1 thousand km. The enterprise produces…
Russia has eased its weapons resale rules to alleviate secondary buyers’ fears of U.S. sanctions, according to an unpublished government decree cited by the Vedomosti business daily Wednesday. Reports found that Russia sold the second-most weapons in 2018 despite five years of declining sales. Countries trading with Russia’s defense and intelligence sectors currently face secondary…
On this day in 1891, Mikhail Bulgakov was born in Kiev – then part of the Russian empire, now the capital of Ukraine. Today a household name in Russian literature, Bulgakov’s best and most known work was published after his death in 1940. One of seven children, Bulgakov’s father was a prominent professor and a…
The Kremlin protested on Wednesday over the extradition from ex-Soviet Georgia to the United States of a Russian man accused of smuggling F-16 fighter jet manuals into Russia in breach of U.S. arms export law. Oleg Tishchenko, a software developer, was earlier this year extradited to the United States from Georgia, where he was reported to have been…
NARYAN-MAR — Russia’s oil and gas giants are establishing a new model in the country’s Arctic based on sustainable development and cooperation with the region’s native reindeer herders. A decade ago, locals were struggling to sustain their traditional way of life due to the energy firms’ growing encroachment on their pasturelands. And as recently as…
Clashes erupted in Russia’s fourth-largest city of Yekaterinburg between protesters and church supporters in riot police gear over the construction of a church in a popular city park. Some of the demonstrators tore down the fencing surrounding the construction site guarded by police and national guardsmen. Witnesses and reporters said that violence and tear gas…
A group of Republican and Democratic U.S. senators introduced legislation on Tuesday seeking sanctions targeting the Nord Stream 2, a planned gas pipeline from Russia to Germany under fire from the United States and some European Union countries. The bill introduced by Republican Senators Ted Cruz, John Barrasso and Tom Cotton and Democrat Jeanne Shaheen,…
Dozens of people opposing plans to build a church in a central park in Russia’s fourth-largest city of Yekaterinburg have been detained and five hospitalized on the second day of clashes with supporters. Violence erupted at the construction site after around 2,000 protesters toppled fencing that appeared around the beachfront park on Monday. The park…
U.S. Secretary of State Mike Pompeo traveled to Russia for talks with President Vladimir Putin and Foreign Minister Sergei Lavrov on Tuesday. Pompeo’s trip marked the first high-profile U.S. visit to Russia since allegations of Russian meddling in the 2016 U.S. presidential election and a subsequent investigation rankled bilateral relations. Meeting in the southern city…
Russian President Vladimir Putin has approved a new energy security doctrine preaching self-reliance in the face of geopolitical isolation. Russia has unrivaled energy resources and is the world’s top exporter of gas and its second-biggest of crude oil. The new doctrine replaces the 2012 plan and takes into account threats to Russia’s energy security and…
President Vladimir Putin told U.S. Secretary of State Mike Pompeo on Tuesday that he sensed that U.S. President Donald Trump genuinely wanted to repair battered relations between Russia and the United States. Putin, speaking ahead of talks with Pompeo, also said that Russia had never interfered in U.S. elections and that he and Pompeo had something to talk about…
Watch Press Conference Listen to audio For Gazprom’s Press Conferences audio broadcast please dial: +7 495 719-35-77 (Russian) +7 495 719-30-00 (English) Materials May 14, 2019, 02:30 pm (Moscow time) Participants: Vitaly Markelov, Deputy Chairman of the Management Committee, Gazprom; Oleg Aksyutin, Deputy Chairman of the Management Committee, Head of Department, Gazprom; Sergey Menshikov, Member of the Management Committee, Head of Department, Gazprom; Vyacheslav Mikhalenko, Member…
An anonymously published video of Russia’s fighter jet showed on Tuesday what is purported to be “the most powerful” laser-guided bomb in service. “In the video, the work of the Su-34 using the most powerful of the guided bombs in service,” the video caption reads. The undated video identifies the bunker buster in question as…
If all you know about Romani music came from listening to a couple of singers at a Mediterranean resort jiggling lots of fake gold and stamping their feet — who were, by the way, a Spanish-French-German couple from Des Moines — then you don’t know anything about Romani music. And if you think all Romani…
Russia is racing to return oil exports to normal after deliveries to eastern Europe were cut by a contamination crisis that shut down parts of the giant Druzhba pipeline almost a month ago. Where has supply been restored? Shipments to Belarus via Druzhba have restarted, while oil transport in the direction of Ukraine via the…
Russian Foreign Minister Sergei Lavrov told U.S. Secretary of State Mike Pompeo on Tuesday it was time for Moscow and Washington to put aside years of mistrust and find a way to work together constructively. Pompeo is in the Russian Black Sea resort of Sochi for talks with his Russian counterpart, and later on Tuesday will also…
Famous Russian stylist Sergei Zverev has been fined for staging a one-person picket in Moscow against a Chinese bottling plant near his hometown on Lake Baikal earlier this year. Zverev was described as an “unlikely activist” against the bottling plant in the world’s largest freshwater lake outside a village where he was born 55 years…
Russian Orthodox priest and survivalist Fyodor Konyukhov has broken records while completing the first of his three-leg effort to circumnavigate the Southern Hemisphere in a row boat. Konyukhov, 67, embarked on the 27,000-kilometer solo voyage from New Zealand in early December. He completed the first leg on Thursday, reaching the southern tip of Chile in…
The Kremlin said on Tuesday that the United States had not made any formal proposal for U.S. President Donald Trump and Russian President Vladimir Putin to meet on the sidelines of a gathering of the G20 in Japan next month. Trump said on Monday that he would meet Putin and Chinese President Xi Jinping at the…
A promising journalist for an online feminist magazine has died at age 25 after falling from an eighth-floor apartment window in a tragic accident that does not appear suspicious. Wonderzine editor Margarita Virova fell out of her window while trying to take a photograph of her friends in the early hours of Monday. She died…
The United States is laying the groundwork to use nuclear weapons in Europe, the Russian Foreign Ministry’s arms control and nonproliferation chief has warned. The U.S. and Russia are suspending the 1987 Intermediate-range Nuclear Forces (INF) Treaty, which bans either side from stationing short- and intermediate-range, land-based missiles in Europe. Russia has said it was…
Legendary Russian rock singer Zemfira released her debut album in May 1999. The young musician quickly attained cult status and became one of the most popular artists in the country and a symbol of the era. Twenty years later, many still adore the musician.
Turkey is considering a U.S. request to delay the purchase of a Russian missile-defense system into 2020, a move that could ease tensions between the NATO allies, according to two people familiar with the proposal. The Trump administration last week asked Ankara to postpone receiving the advanced S-400 missile-defense system which was set for July,…
Protesters in Russia’s fourth-largest city of Yekaterinburg rallied against the construction of a church in a city park, with reports of church supporters using violence and tear gas against the picketers. Opponents gathered in the city’s central park on Monday after photographs of fencing around the planned church site spread online. They argue that authorities…
U.S. President Donald Trump said on Monday he will meet with Chinese President Xi Jinping and Russian President Vladimir Putin at the G20 gathering in Japan next month. Trump said his meeting with Xi could be fruitful as their trade dispute escalated after failing to reach agreement during high-level talks last week.
Already secure at the top of the Russian Premier League table, FC Zenit St. Petersburg were officially crowned 2018-2019 champions on Sunday night after a convincing 3-1 home win against PFC CSKA Moscow at the packed Gazrom Arena. Zenit’s win was met with wild celebrations within the stadium and beyond after a 4-year title draught.…
Russia is losing at least $30 billion every year due to the investment climate that has followed its annexation of Crimea, economist Sergei Guriev said in an interview published Monday. Russia’s 2014 annexation of the Black Sea peninsula from Ukraine has weakened Russia’s relations with the West, launching multiple rounds of sanctions from the U.S.…
The number of Jehovah’s Witnesses persecuted in Russia has almost doubled after 75 more members of the religious group were added this year, the Memorial human rights group said. Russia labeled the Jehovah’s Witnesses an “extremist” group in 2017, exposing Russia’s estimated 175,000 Jehovah’s Witnesses to mass raids and forcing at least 5,000 to flee…
A disgruntled former officer seeking to restore his retirement benefits has been detained for at least the seventh time outside President Vladimir Putin’s administration in Moscow on Sunday. Vladimir Skubak, a retired missile forces major, has staged one-person pickets for nearly a month on claims that he had been denied retirement allowances in 2015. He…
Russia’s national flag carrier Aeroflot has canceled at least 50 Sukhoi Superjet 100 (SSJ 100) flights since a crash landing of the Russian-made aircraft killed 41 people last week. The deadly SSJ landing in Moscow on May 5 ended in the plane’s tail section catching fire on the runway and raised questions about the jet’s…
In April 2019, TENEX together with JSC “SSC RIAR” and FSUE “PA “Mayak” won the tender for the “Development of Technologies for Retrieving Fuel Debris and Internal Structures (Development for Dust Collection System of Fuel Debris)” project which consists of research works on development of a system to collect the dust generated during the processing…
In April 2019, TENEX together with JSC “SSC RIAR” and FSUE “PA “Mayak” won the tender for the “Development of Technologies for Retrieving Fuel Debris and Internal Structures (Development for Dust Collection System of Fuel Debris)” project which consists of research works on development of a system to collect the dust generated during the processing…
The Moscow metro staged a photo op with an Iron Throne inspired by HBO’s hit series “Game of Thrones” over the weekend. The one-day event at Delovoy Tsentr station featured three Daenerys Targaryen, Cersei Lannister and Jon Snow lookalikes on Saturday. A cello duet accompaniment made the experience even more immersive as commuters took turns…
Release May 12, 2019, 20:00 The opening ceremony for the final round of Gazprom’s 8th corporate Fakel Festival took place in Krasnaya Polyana, Sochi. The event brought together over 1,600 people representing 40 delegations from Russia, Belarus, Kyrgyzstan, and China. The Festival’s guests include delegations from Bolivia, France, Germany, Uzbekistan, and Vietnam. Over the course of three days, contestants…
On May 9, millions of people across Russia march in the Immortal Regiment, a movement to commemorate family members who fought in World War II. We speak with Maria, a 19-year-old girl from Moscow who hasn’t forgotten the story of her great-grandmother, who fought during the war as a “Night Witch.” The all-women 588th Night…
Sergei Dorenko died on May 9 in Moscow. According to multiple media reports, he was riding his motorcycle not far from the city center when he had a heart attack, drove into the oncoming traffic lane and then slid to a stop. No other vehicles were involved in the accident, and he apparently died on the…
RIGA, Latvia — The sun was shining on Latvia’s capital Riga on Thursday as the city’s former mayor Nils Ušakovs stepped forward with a World War II veteran to lay flowers at the base of a monument commemorating the Soviet Union’s victory over Nazi Germany. For the Baltic nation’s sizeable Russian minority Victory Day is…
Children in southern Russia who donned military uniforms and paraded in front of their parents and officials ahead of Victory Day have generated pride among local authorities and caused outrage elsewhere in Russia. The Pyatigorsk city administration boasted that around 500 preschoolers dressed as airborne troops, sailors and Soviet soldiers took part in the parade…
Moscow and Tokyo still have “extremely significant” differences over a World War II peace deal that Japan hopes will end a territorial row between them, the state-run RIA Novosti news agency quoted Russian Foreign Minister Sergei Lavrov as saying on Friday. Japan is seeking a deal with Russia to put an end to a dispute over islands off…
A controversial sculpture of Soviet leader Josef Stalin was unveiled in the Siberian city of Novosibirsk on Thursday. A small black bust and two plaques were unveiled on the date Russia celebrates Soviet victory over Nazi Germany in World War II, with crowds gathering at a site where a fence and security measures will protect the memorial…
This week on From Russia With News, Moscow Times columnist and political consultant Max Hess explains why the Kremlin is going all in on Nicolas Maduro, the embattled leader of Venezuela who recently fended off a coup attempt backed by the United States. And it’s Victory Day. We speak with Washington Post bureau chief Anton…
Each year on Victory Day, millions of people in Russia parade with portraits of relatives who fought in World War II. Called the Immortal Regiment, the tradition — which recognizes those who took part in what Russia calls the Great Patriotic War — has grown every year since it began in 2012, both inside and…
Every year, Russia celebrates May 9 as the day the Soviet Union defeated Nazi Germany in World War II. Modern-day Russia marks Victory Day with parades and processions across the country, but none more well-known than Moscow’s massive parade that showcases the Russian military’s tanks, planes, artillery and soldiers. This year’s military parade on Red…
President Vladimir Putin watched intercontinental nuclear missile launchers roll across Red Square on Thursday as Russia put on its annual show of military might to mark the Soviet Union’s World War Two victory over the Nazis. Battling a ratings slump as Russia grinds through a sixth consecutive year of falling real incomes, Putin looked on…
Two Russian intelligence officers and two opposition politicians were among 13 people sentenced on Thursday over a 2016 election day plot aimed at toppling Montenegro’s government, killing the prime minister and bringing a pro-Russian alliance to power. The verdict given in the heavily guarded Montenegro court said that on Oct. 16, 2016, the accused planned to…
Staff at a Moscow airport scrambled fire crews one minute after a malfunctioning passenger jet crash-landed on Sunday, raising questions among some senior Russian aviation industry figures about whether the staff acted quickly enough. The speed of the response to the emergency, in which 41 people were killed in an intense blaze, has come into…