ROSATOM subsidiary acquires 49% stake in Korean power storage company

RENERA LLC, ROSATOM’s integrator company for the energy storage business (subsidiary of TVEL Fuel Company of Rosatom) has finalized the deal to acquire 49% share of Enertech International Inc, a South Korean manufacturer of electrodes, lithium-ion storage cells and energy storage systems.  The signed agreement also includes building a facility for manufacturing of lithium-ion cells…

Alexey Miller discusses gas cooperation with Vladimir Semashko and Viktor Karankevich

March 5, 2021, 17:40 A working meeting of Alexey Miller, Chairman of the Gazprom Management Committee, with Vladimir Semashko, Ambassador Extraordinary and Plenipotentiary of the Republic of Belarus to the Russian Federation, and Viktor Karankevich, Minister of Energy of the Republic of Belarus, took place today in Moscow. Particular attention at the meeting was paid to the ongoing heating season. It was noted that Gazprom is reliably providing Belarus…

Russian NGOs Plead With Putin Over ‘Indirect’ Foreign Funding Rules – Kommersant

Dozens of Russian non-profits have pleaded for President Vladimir Putin to strike down upcoming requirements to disclose their donors’ foreign funding, the Kommersant business daily reported Friday. The dormant rules set to reactivate this spring will leave the homeless, elderly, orphans and seriously ill without support due to fewer donations, said a group representing 57…

Russia’s Ruling Party Campaigns to Ban ‘Propaganda’ of Polyamory, Bisexuality – Reports

Russia’s ruling party is looking to ban the propaganda of polyamory and bisexuality as it weighs options to reverse its population decline and defend what it calls traditional values, the Kommersant business daily reported Friday. The ban was among a number of proposals floated at Thursday’s United Russia party conference on supporting families. The conference…

Ruble Rocked by Rumors of Tough New Sanctions

The Russian ruble and government bonds sank Friday morning on reports that the U.S. and U.K. are considering a second round of tough sanctions against Russia over the poisoning and jailing of Kremlin critic Alexei Navalny. Washington and London could be prepared to slap asset freezes and travel bans on Russian oligarchs deemed supporters of the…