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“RIA Novosti”-Russian retailers complain to govt about wholesale food price hikes PDF Print E-mail
Tuesday, 24 August 2010 11:25
Market

Russia”s largest grocery retailers have appealed to the Federal Antimonopoly Service and a government working group over what they say are unjustified and excessive cases of wholesale food price hikes, Ilya Belonovsky, director of the Retailers” Association said late on Monday.

Retailers said they counted on the state services to decide if it was economically justified to raise food prices, which are now under close scrutiny from the authorities due to the record drought which has hit the country destroying a quarter of crops. President Dmitry Medvedev has ordered the government to monitor pricing on agricultural products to prevent price-gouging.

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“RIA Novosti”- Nabucco gas pipe consortium delays plans to include Iran in project PDF Print E-mail
Monday, 23 August 2010 15:44
Nabucco2

A consortium of companies building the Nabucco gas pipeline designed to pump natural gas from the Caspian region to Europe bypassing Russia has delayed its plans to include Iran in the project, the consortium said on Monday.

The consortium decided to continue the construction of two pipeline sections from Georgia and Iraq to Turkey and concurrently suspended a plan to build a pipe section from Iran, the consortium said in a statement.

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“RIA Novosti”-Russia may have to import 5m tons of grain in 2010-2011 PDF Print E-mail
Thursday, 19 August 2010 13:15
Grau3

Russia may have to import more than 5 million tons of grain in 2010-2011, Russian business daily Vedomosti quoted a source close to the Agriculture Ministry as saying on Thursday.

The ministry had already decided to begin importing grain, but still had to decide on the required amount, the source said.

"The issue is in the discussion phase and no final decision has been taken," a high-ranking official said.

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“RIA Novosti”-Crescent Petroleum discusses major projects with Rosneft, Rostekhnologii PDF Print E-mail
Sunday, 22 August 2010 15:27
rosneft

Middle East oil and gas company Crescent Petroleum discussed in Moscow on Saturday two major projects with state-owned Russian oil company Rosneft and Russian state cooperation Rostekhnologii, the deputy prime minister said on Saturday.

Crescent Petroleum and Rostekhnologii agreed to implement transportation projects on Russian territory.

"Today, a preliminary agreement of the investment fund statutory documents was made. It includes Rostekhnologii and the shareholders of Crescent Petroleum, with a total of $500 million.

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“RIA Novosti”-Russie: le français Auchan ouvre le premier hypermarché à Voronej PDF Print E-mail
Wednesday, 18 August 2010 15:52
Auchan

Le groupe français Auchan a ouvert mercredi son premier hypermarché de 20.000 m2 à Voronej, en Russie centrale, qui a coûté 470 millions de roubles (plus de 12 millions d'euros) au géant de la distribution, a annoncé mercredi aux journalistes le directeur de l'hypermarché Auchan-Voronej Dmitri Bogdanov.

"La surface de vente de l'hypermarché se chiffre à près de 16 mille mètres carrés. La somme totale d'investissements au projet est de 470 millions de roubles", a déclaré le directeur.

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