Passenger Union Eyes BlaBlaCar Ban in Russia – Reports

The popular ride-sharing service BlaBlaCar risks being banned in Russia as a passenger association seeks legislative help in cracking down on illegal buses, the pro-Kremlin Izvestia newspaper reported Tuesday. About one-third of 900,000 bus carriers in Russia are uninsured and operate without undergoing checkups, obtaining the required permits or paying taxes, according to the All-Russian…

PhosAgro 2Q 2019 Fertilizer and MCP Output up 5.8% y-o-y to 2.4 mln t

Moscow – PhosAgro (MOEX/LSE ticker: PHOR), one of the world’s leading vertically integrated phosphate-based fertilizer producers, announces its operating results for 2Q and 1H 2019. Overall output of phosphate-based and nitrogen-based fertilizers in 2Q increased by 6.4% and 3.9% year-on-year respectively, while sales declined by 3.9% year-on-year to 2.2 million tonnes. PhosAgro’s production and sales…