Russia’s Yandex and Mail.Ru Report Strong Growth Despite Ownership Threats

Russia’s flagship tech companies, Mail.Ru and Yandex, both reported strong third-quarter results this week amid ongoing concerns over government proposals to limit foreign ownership in Russia’s largest technology companies. With revenues and earnings up at both companies, representatives confirmed they were lobbying the government to water down the potentially damaging legislation to the two publicly…

Moscow Dismisses Russian Reports Group Hijacked Iranian Spying Operation

Moscow on Thursday dismissed media reports that Russian hackers piggy-backed on an Iranian cyber-espionage operation to attack government and industry organizations in dozens of countries as an “unsavory” interpretation of a security report. British security officials have said the Russian group, known as “Turla” and accused by Estonian and Czech authorities of operating on behalf…

Russia and Rwanda agreed to construct the first Centre of Nuclear Science and Technologies in Rwanda

24 October 1019, Sochi (Russia). Russia and Rwanda signed an agreement to construct the first Centre of Nuclear Science and Technologies in Rwanda with participation of ROSATOM.The signing ceremony took part at the Russia-Africa Economic Forum. The agreement to construct Rwanda’s first Centre for Nuclear Science and Technology (CNST) was signed by ROSATOM Director General…

PhosAgro and South Africa’s Kropz Sign Memorandum of Understanding at Russia–Africa Economic Forum

Sochi – PhosAgro Group, one of the world’s leading producers of phosphate-based fertilizers, and Kropz plc., an emerging African phosphate producer, have signed a memorandum of understanding during the Russia–Africa Economic Forum in Sochi.  The two companies agreed to evaluate opportunities to exchange information and technical expertise in order to increase the capacity of the…

Arms, Oil and Influence: What You Need to Know About Russia’s First-Ever Africa Summit

President Vladimir Putin hosted the first-ever Russia-Africa summit Wednesday and Thursday in the latest display of Moscow’s efforts to restore its geopolitical foothold on the continent after the fall of the Soviet Union. Amid a deluge of memoranda of understanding and cooperation agreements, Russia clinched a series of trade agreements with some of the 54…

Contemporary Art Moves Out of Moscow

What if I were to tell you that the most exciting contemporary art in Moscow today lies an hour-and-a-half drive through the traffic-choked motorways towards Domodedevo airport? It gets worse. Those who brave the tailbacks and hold-ups will find themselves arriving not at a gallery, museum or even studio complex, but rather at a real-estate…

Memorandum of Cooperation signed between ROSATOM and RUDN during the Russia-Africa Summit

23rd October, 2019, Sochi, Russia – A Memorandum of Cooperation was signed between ROSATOM and the People’s Friendship University of Russia (RUDN) during the Russia-Africa Summit.  The agreement allows ROSATOM, its partner universities and RUDN to work together in promoting Russian nuclear education abroad, mainly in African countries. Areas of cooperation include: developing international inter-university…

PhosAgro announces growth in fertilizer output by more than 15% to 2.5 mln t in 3Q 2019

Moscow – PhosAgro (MOEX/LSE ticker: PHOR), one of the world’s leading vertically integrated phosphate-based fertilizer producers, announces that its 3Q 2019 fertilizer production volumes increased by over 15% year-on-year to 2.5 million tonnes. Total fertilizer production in 3Q 2019 increased by 15.2% year-on-year to 2,460.4 kt. Fertilizer output for 9M 2019 grew by 7.2% year-on-year…

Russia Will Send a Further 276 Military Staff and 33 Units of Military Hardware to Syria

Russia will send a further 276 military policemen and 33 units of military hardware to Syria in a week, Russia‘s RIA news agency cited a defense ministry source as saying on Thursday. Earlier, Russian Defense Minister Sergei Shoigu spoke by video conference to the leader of Kurdish-led Syrian Democratic Forces (SDF), Russian news agencies reported on Wednesday. Shoigu told the SDF head that Russia will increase the number of its military police near…

Russians Trust Putin Less Than Army – Poll

Russians trust President Vladimir Putin less than they do their armed forces, according to a new independent survey seen by the Vedomosti newspaper. The army emerged as Russia’s most trusted institution last year as a result of what sociologists called the Kremlin’s “saber-rattling.” This year’s institutional trust rating published by the independent Levada Center pollster placed…

Russia and Ethiopia sign an Intergovernmental agreement on cooperation in the peaceful use of atomic energy

23 October 2019, Sochi – Russia and Ethiopia signed an Intergovernmental framework agreement on cooperation in the peaceful use of atomic energy on the side lines of the Russia-Africa Economic Forum.  The parties were represented by ROSATOM’s Director General Alexey Likhachev and Ethiopia’s Innovation and Technology Minister Getahun Mecuria Kuma respectively, both of whom lent…

Russia Tried to Influence Disputed Bolivia Elections – Proekt

Russian political consultants ran online campaigns supporting Bolivian President Evo Morales and criticising his election opponents in a bid to secure a fourth-term for the Kremlin-friendly leader, Russian news site Proekt has reported. The support, which focused on pumping out hostile social media campaigns against Morales’ critics, was orchestrated by political consultants close to Rosatom,…

Czech Republic Uncovered Russian Cyber Warfare Ring — Intel Chief

The Czech Republic’s chief of counterintelligence has said that his country’s security forces had dismantled a Russian espionage ring last year that had been planning cyberattacks against the European Union member state. The BIS counterintelligence service said last year that Russian intelligence services were behind cyber attacks targeting the Czech foreign ministry. The BIS warned…

RASU JSC and Framatome-Siemens consortium sign contract to supply automated process control systems for Paks-2 NPP (Hungary)

MOSCOW, Oct. 22, 2019 –  Rusatom Automated Control Systems JSC (RASU JSC), a subsidiary of ROSATOM, and the Franco-German consortium Framatome – Siemens signed an agreement to manufacture, deliver and commission automated process control systems for the Paks Nuclear Power Plant  Units 5 and 6, located in central Hungary. This award was  based on the…

PhosAgro Joins European Sustainable Phosphorus Platform

Moscow – PhosAgro (“PhosAgro” or “the Company”) (Moscow Exchange, LSE: PHOR), one of the world’s leading vertically integrated phosphate-based fertilizer producers, has joined the European Sustainable Phosphorus Platform (ESPP). PhosAgro is the first fertilizer company with production sites outside the European Union to join ESPP. Membership in the not-for-profit association serves as confirmation of PhosAgro’s…

Gazprom Board of Directors reviews progress of Gas Infrastructure Expansion Program in Russian Regions

Release October 22, 2019, 18:50 The Gazprom Board of Directors took note of the information about the ongoing implementation of programs aimed at expanding gas infrastructure in Russian constituent entities, including the data on the economic model, synchronization with regional programs for converting housing and utilities to gas, and extension of gas grid coverage in the Krasnoyarsk Territory. It was stressed that consistent expansion of gas infrastructure in Russian regions…

Russian Special Agents Raid Jehovah’s Witnesses Resort as Crackdown Intensifies

Special agents in northern Russia have raided a resort where dozens of Jehovah’s Witnesses had gathered, marking the latest instance in an ongoing campaign against the religious group that Russia considers extremist. Russia labeled the Jehovah’s Witnesses an extremist organization in 2017, leading to mass arrests and spurring hundreds of its estimated 175,000 Russian members…

The Kalinin NPP has made substantial progress with regard to facilitating technical support of the power blocks – an IAEA expert

The Kalinin NPP’s activities with regard to facilitating technical support of the power blocks and managing system and equipment configuration and modification comply with the standards set forth by the International Atomic Energy Agency (IAEA). This was the conclusion presented by Tea Bilic Zabric, an IAEA expert from Slovenia, during the seminar held at the…

Gazprom and Fortum review cooperation-related issues

Background Fortum is a Finnish energy corporation. Fortum holds a 49.99 per cent stake in Uniper SE. On October 8, 2019, Fortum announced that it had entered into agreements with the Elliott and Knight Vinke investment funds to acquire a 20.5 per cent stake in Uniper for approximately EUR 2.3 billion. As a result of the deal, Fortum’s share in Uniper may increase to 70.5 per cent. Nord Stream 2 is the construction…

Russia Named World’s Most Unequal Economy

Russia has the world’s highest levels of wealth inequality, surpassing the United States and China, the Credit Suisse Research Institute’s annual review has said. An estimated 83% of Russia’s wealth is now owned by its richest decile despite the country’s modest average wealth, the financial services company said in its report published Monday. “This is…