Russia Rebuffs International Concern Over Environment on Northern Sea Route

The development of the Northern Sea Route appeared on the agenda in the Foreign Ministry’s latest weekly press conference after several foreign leaders reportedly commented on the environment in the region. Among them was French President Emmanuel Macron, who was called upon to protect Arctic nature in a meeting with business leaders. According to Foreign Ministry spokeswoman Maria Zakharova, Macron had…

Blue Corridor – Gas into Engines 2019 Rally launched

Release August 29, 2019, 16:05 The Blue Corridor – Gas into Engines 2019 Rally kicked off today in Istanbul. The large-scale international rally for vehicles powered by natural gas will traverse Europe and Russia. The event is organized by Gazprom and Germany’s Uniper. The race features more than 20 cars, trucks and passenger vehicles powered by compressed and liquefied natural gas. The rally will…

ROSATOM won two gold medals for Russia’s national team at WorldSkills Kazan 2019

On August 27 two representatives of ROSATOM ascended the top tier at the closing ceremony of the 45th “Young Professionals” (WorldSkills Russia) National Competition in Kazan. Vladislav Rosov, an engineer at JSC NIIGraphit and a third-grade student of NRNU MEPhI, won the gold medal in the competence “Production of Items of Polymeric Materials”. Being guided…

Russia’s ‘Shadow Economy’ Is Nearly 13% of GDP, Reports Say

More than $175 billion had circulated in Russia’s shadow economy in 2017, according to the latest available official data analyzed by the RBC news website on Thursday. Russia’s State Statistics Service (Rosstat) defines the shadow economy as off-the-books salaries, unofficial employment and informal sales, but not criminal activity. Financial authorities say the shadow economy’s share…

Alexey Miller holds conference call marking Oil and Gas Industry Workers Day

August 29, 2019 Alexey Miller, Chairman of the Gazprom Management Committee, today held in St. Petersburg a conference call marking Oil and Gas Industry Workers Day. The heads of Gazprom Dobycha Noyabrsk, Gazprom Dobycha Urengoy, Gazprom Transgaz Saint Petersburg, and Gazprom Transgaz Ukhta made operational performance reports at the meeting. Shorthand record of message delivered by Alexey Miller at conference call marking Oil…

PhosAgro 2Q 2019 FCF up 22% to RUB 10.2 bln

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 interim condensed consolidated IFRS financial results for the three months (2Q) and six months (1H) ended 30 June 2019.  Revenue for 2Q 2019 rose by 3% year-on-year to RUB 58.1 billion…

PhosAgro Board of Directors Recognises Effectiveness of Andrey Guryev’s Work as CEO and Recommends that Shareholders Approve Dividend Payment

Moscow – The Board of Directors of PhosAgro, one of the world’s leading producers of phosphate-based fertilizers, heard a report by Andrey Guryev on the results of his work as CEO of the Company over the past six years and about the Company’s medium-term plans. Members of the Board of Directors noted the Company’s significant…

Russia to Launch Nuclear-Powered Fish Shipping Around Scandinavia

Russia’s 30-year-old nuclear-powered Sevmorput container carrier will soon transport 5,000 tons of fish from the country’s Far East to St. Petersburg via the Northern Sea Route. “This test voyage with the container carrier gives hope that someday such deliveries will become regular,” the Kamchatka region governor Vladimir Kuzmitsky has said in an interview with the region’s official news portal.…

First Meeting of PhosAgro’s Sustainable Development Committee, Chaired by Irina Bokova, Reviews Company’s Contribution to Achieving UN Sustainable Development Goals

Moscow – The PhosAgro Board of Directors Committee on Sustainable Development has held its first meeting, which was chaired by Irina Bokova. Prior to joining PhosAgro, Ms Bokova was the first woman ever to serve as Director-General of the United Nations Educational, Scientific and Cultural Organization (UNESCO), a post she held for eight years. The…

On This Day Space Dogs Flew a Mission

On Aug. 27, 1958, the Soviet Union launched the dogs Pyostrya and Belyanka into space. The craft, a R-5A rocket, set a new record in terms of weight-to-height ratio, as it reached 453 kilometers above the earth’s surface at a weight of over 1,500 kilograms. The dogs safely returned to earth following the flight. Between…

On This Day Ivan the Terrible Was Born

Ivan Vasilevich, more commonly known as Ivan the Terrible or Ivan IV, was born on Aug. 25, 1530 in Kolomenskoye, Moscow. The grandson of Ivan the Great, he acquired huge amounts of land during his reign, transforming a Grand Duchy into a Tsardom. Through this, however, he imposed a reign of terror and exhibited uncontrollable…

Russia’s First Floating Nuclear Power Plant Sets Sail in Arctic Amid Environmental Fears

Russia’s first floating nuclear power plant set sail Friday from the Arctic port of Murmansk to provide power to one of the country’s most remote regions, sparking environmental concerns. Developed by the Russian state nuclear company Rosatom, the plant, known as “Akademik Lomonosov,” set off on a 5,000 kilometer (3,100 mile) journey through Arctic waters…