Moscow Double Concert Ends in Obscenity Charges

The Red Bull SoundClash Nov. 24 double concert made headlines this week when both bands — Leningrad and Noize MC — were fined for swearing on stage. Red Bull SoundClash capitalizes on the recent trend of rap battles but uses a different format. Rather than two performers battling each other on one stage, SoundClash juxtaposed…

Moscow Feminists Protest for Domestic Violence Re-Criminalization

Hundreds of feminist activists rallied in central Moscow on Monday night to call for Russia’s government to re-criminalize domestic violence amid intensifying calls for the legislation to be passed. President Vladimir Putin in 2017 passed a law easing punishments for most first-time offenders, which critics say has strengthened Russia’s culture of impunity toward domestic violence.…

Russian Cows Fitted With Virtual-Reality Headsets

The grass is greener in a virtual world. That’s what Moscow region farmers were aiming for when they fitted their dairy cows with virtual-reality headsets to test their milk production.  “Experts noted reduced anxiety and improved overall emotional mood in the herd” during the VR experiment, said the regional agriculture administration. The second phase of…

WADA Committee Recommends Four-Year Russia Olympic Ban

Russia should be hit with a four-year Olympic ban and barred from all world championships for the manipulation of data retrieved from a tainted Moscow laboratory, the World Anti-Doping Agency (WADA) said on Monday. The recommendations were made by WADA’s independent Compliance Review Committee (CRC) and will be put to the executive committee at meetings in…

WADA Committee Calls For 4-Year Russia Olympic Ban

Russia should be hit with a four-year Olympic ban and barred from all world championships for the manipulation of data retrieved from a tainted Moscow laboratory, the World Anti-Doping Agency (WADA) said on Monday. The recommendations were made by WADA’s independent Compliance Review Committee (CRC) and will be put to the executive committee at meetings in…

Gazprom commences construction of modern satellite manufacturer with support from Roscosmos

Release November 25, 2019, 17:55 First fully integrated enterprise in history of modern Russia for spacecraft assembly and testing. Facility will be able to manufacture up to 4 large or 100 small batch-produced satellites per year. Roscosmos is taking part in this project. A ceremonial event celebrating the start of construction by Gazprom of a spacecraft assembly facility (SPKA) took place today in Shchelkovo, Moscow Region. Taking part in the event were Vitaly…

Moscow Deputy Asks Putin to Block Homeless Shelter

A Moscow deputy has called for President Vladimir Putin to block a prominent homeless NGO from opening a shelter in Russia’s capital, warning of the organization’s foreign backing and the spread of diseases. The Nochlezhka homeless charity, founded in St. Petersburg in 1990, has faced strident criticism from Muscovites opposed to its plans to open…

8 Russian Agents Linked to Bulgaria Poisoning – Bellingcat

At least eight suspected Russian intelligence officers traveled to Bulgaria around the time a local arms dealer was poisoned in 2015, the investigative outlet Bellingcat reported on Saturday. Bulgarian arms dealer Emilian Gebrev survived the April 28, 2015, poisoning attempt in Sofia. Investigators reopened Gebrev’s case in 2018 when he linked his poisoning with that…

Revealing Signs of Moscow’s Hidden Past

To foreigners, Moscow might seem like a closed fortress, always “defending and disguising itself,” as Walter Benjamin once wrote. But under the city facades there is another hidden life waiting to be discovered. Right in the city center on Kostyansky Pereulok, the past has burst into the present with the sign “Streletsky Bakery” (“Стрелецкая пекарня”)…

9M 2019 Financial Results: PhosAgro Revenue Rises 12% year-on-year to Record RUB 195.0 Billion

Moscow – PhosAgro (“the Company”) (Moscow Exchange and LSE: PHOR), one of the world’s leading vertically integrated phosphate-based fertilizer producers, today announces its interim consolidated IFRS financial results for 3Q and 9M 2019.   Revenue in 3Q 2019 rose by 3% year-on-year to RUB 64.6 billion (USD 1.0 billion) mainly due to higher sales in priority…

Alexander Lebedev’s ‘Hunt the Banker’

Can billionaires be good, honest people? Alexander Lebedev, a Russian oligarch turned philanthropist and media mogul, certainly wants us to think he is. His new memoir, “Hunt the Banker,” begins with a preface that laments the burdens of immense wealth. Lebedev confesses that the millions he made during the unbridled capitalist 1990s have brought him…

Russia Again Faces Olympic Ban After Non-Compliant Recommendation

Russia is again facing a possible Olympic ban after the World Anti-Doping Agency’s Compliance Review Committee (CRC) recommended on Friday that the Russian Anti-Doping Agency (RUSADA) be ruled non-compliant. The CRC put forward the recommendation after WADA’s Intelligence and Investigations Committee found evidence of manipulation of data retrieved from a tainted Moscow laboratory in January. A report…

PhosAgro Board of Directors Approves Development Priorities for 2020 and Recommends that Shareholders Approve Dividend Payment

Moscow – The Board of Directors of PhosAgro (Moscow Exchange, LSE: PHOR), one of the world’s leading vertically integrated phosphate-based fertilizer producers, at today’s meeting approved the company’s priority areas for 2020 and has recommended that the Extraordinary General Meeting of Shareholders (“EGM”) approve a dividend payment of RUB 6.216 billion, or RUB 48 per…

Year-to-date gas exports to Austria exceed record supplies of 2018

Background OMV AG is Gazprom’s main partner in Austria. The companies cooperate in gas production, transportation and supplies. In 2018, Gazprom supplied to Austria 12.3 billion cubic meters of gas, an increase of 34.8 per cent (3.2 billion cubic meters) from 2017 (9.1 billion cubic meters). In June 2018, an Agreement was signed to extend until 2040 the existing contract between Gazprom Export and OMV Gas Marketing & Trading GmbH for Russian gas supplies…

Forbes Ranks Russia’s Richest Instagrammers

Russian television presenter and onetime presidential candidate Ksenia Sobchak is the country’s highest-earning Instagrammer, Forbes Russia has said in its list of the top 15 earners on the social media app in 2019. The magazine ranked each user by the income they earn from advertising and sponsored posts on their Instagram pages. All 15 names…

Results of selling 3.59 per cent of Gazprom’s ordinary shares

Release November 22, 2019, 16:05 Gazprom Gazoraspredeleniye, a company controlled by Gazprom, successfully completed the sale of 850,590,751 ordinary shares of Gazprom (3.59 per cent of the share capital). The placement was carried out using the trading platform of the Moscow Exchange. Gazprombank (Joint Stock Company) acted as the arranger and broker of the offering. As the shares were sold in their totality, Gazprom Gazoraspredeleniye reduced…

Islam and Orthodox Christianity Have the Same Values, Putin Says

Orthodox Christianity and Islam are based on the same fundamental values, President Vladimir Putin said in an address to a religious conference in Kyrgyzstan. The conference, titled “Orthodoxy and Islam — Religions of Peace,” aimed to promote interethnic and interreligious dialogue between Russia and Kyrgyzstan. “Islam and Orthodox Christianity, just like other world religions, are…

Gazprom in $3Bln Share Sale to Mystery Buyer

Russian gas goliath Gazprom raked in $3 billion Friday selling shares to an unknown mystery buyer in an unconventional share deal. Gazprom sold 3.6% of its own shares in a 188 billion ruble ($3 billion) deal, almost completing a share-offloading program announced in the summer by CEO Alexey Miller, the firm confirmed in submissions to…

Spain Probes Russia’s Role in Catalonia Referendum – El Pais

Spain has opened an investigation into the role of a secret Russian military unit in Catalonia’s 2017 independence referendum, the country’s El Pais newspaper reported Thursday. The Spanish government tried to prevent Catalonia’s independence referendum that it declared illegal, leading to hundreds of injuries. Spanish ministers said in 2017 that Russia-based groups promoted the referendum…

Baring Vostok Cancels New Fund Launch

Baring Vostok — the Russian investment house at the centre of the high-profile fraud case involving its founder U.S. citizen Michael Calvey — has cancelled plans to launch a new investment fund, bne IntelliNews has reported. The company suspended plans to launch a sixth fund, citing investor fears over “contradictions in Russian and international arbitration…

Russian Athletics Federation President Provisionally Suspended

The president of Russia’s athletics federation and several other federation officials were suspended on Thursday by the Athletics Integrity Unit (AIU) for serious breaches of anti-doping rules, adding to the federation’s woes ahead of next year’s Olympics. The AIU, which oversees integrity issues in global athletics including doping, said the provisional suspensions were linked to…

Serbia’s President Accuses Russia of Spying

Serbian intelligence agencies have uncovered a wide-ranging intelligence operation involving Russian spies and members of the Serbian military, President Aleksandar Vucic said on Thursday. Vucic’s remarks came after a meeting of the National Security Council which he convened after a video showing a Russian intelligence officer handing money to a Serbian man in Belgrade was…

PhosAgro announced as a Global Compact LEAD for its commitment to the UN Global Compact

New York – PhosAgro, a Russian vertically integrated company and one of the world’s leading producers of phosphate-based fertilizers, has been included on the list of Global Compact LEAD companies for its commitment to the United Nations Global Compact and the Compact’s Ten Principles on corporate sustainability. Achieving the UN Sustainable Development Goals (SDGs) has…

Putin Daughter’s Foundation Posts Record Profits

A foundation run by President Vladimir Putin’s alleged daughter has earned a record 488 million rubles ($7.6 million) last year, the Open Media news website reported Wednesday. Katerina Tikhonova, 33, is widely believed to be Putin’s younger daughter, though the president has neither confirmed nor denied this. Tikhonova’s foundation operating under the Innopraktika brand boasts…

Russia to Investigate Space Center Fraud After Putin Rebuke

Russian investigators said on Thursday they had opened two criminal cases into the management of a company involved in building the Vostochny Cosmodrome, a space center in the country’s Far East. The announcement came less than two weeks after President Vladimir Putin complained to government officials about corruption at the facility and called for further…

PhosAgro 3Q 2019 IFRS Results Announcement Date

On 25 November 2019, PhosAgro will publish its interim reviewed condensed consolidated IFRS financial statements for the three and nine months ended 30 September 2019. The Company will hold a conference call and webcast the same day at 13:00 London time  (16:00 Moscow; 08:00 New York). The call will be held in English, with simultaneous…

FSB Detains Russian Solider Suspected of Spying for Ukraine

Russia‘s FSB security service has detained a Russian serviceman suspected of spying for Ukraine, the RIA news agency reported on Wednesday. The serviceman was allegedly gathering secret information for Ukraine’s intelligence service and is being investigated for treason, RIA reported, citing the FSB.  The independent CIT outlet identified the suspect as Ruslan Artykov, born in 1991.…

Ukraine Says Russia ‘Ruined’ Returned Ships

Ukrainian naval ships, captured by Russia last November and released on Tuesday to be returned to Ukraine, are in very poor condition and cannot move independently, the commander of Ukraine’s navy said on Wednesday. Russia seized three ships in the Kerch Strait last year after opening fire on them and wounding several sailors. Moscow said the ships — two…

Alexey Miller and Moldova’s Prime Minister Ion Chicu review cooperation-related issues

Background In 2018, Gazprom’s gas deliveries to the Republic of Moldova totaled 2.9 billion cubic meters of gas, an increase of 8.4 per cent against 2017 (2.7 billion cubic meters). The contracts between Gazprom and Moldovagaz for gas supplies to and gas transit across Moldova are valid until the end of 2019. Moldovagaz is a joint Russian-Moldovan company set up by Gazprom, the Moldovan Government, and the Ministry of Industry…