Main
Metalloinvest's IFRS net profit down 22.8% in 2020
IFRS net profit of Metalloinvest for 2020 decreased by 22.8% to $1.34 billion, revenue by 7.9% to $6.41 billion.
Central Bank of Russia terminates activity of provisional administration of Bank Onego
No signs of insolvency (bankruptcy) have been established as a result of the provisional administration-conducted inspection of the credit institution.
Metalloinvest to raise employees' pay by 5% from March 1
The increase will amount to 5%, with about RUB 1.9 bn allocated to the increase, including social security contributions.
Wildberries launches sales in France, Italy and Spain
The online store is constantly expanding its range. The company's logistics partners will be engaged to deliver orders.
Company settled near Moscow to invest more than RUB 700 mn in production expansion
As a result, the production capacity is expected to increase by 57-100 tonnes of finished products.
Alexey Miller is elected as Chairman of Gazprom Management Committee for another 5-year term
Alexey Miller serving as Chairman of the Management Committee of Gazprom since 2001 has been re-elected for a new 5-year term.
KAMAZ expands range of eco-friendly buses
The new NEFAZ 5299-40-57 LNG-driven eco-friendly model has been added to the NEFAZ-5299 urban low-floor bus lineup.
VimpelCom expanded 4G network 2.5 times in 3 years
In 2020, VimpelCom expanded the 4G network by 25% against the end of 2017, the number of base stations increased 2.5 times.
Featured
Big Three Ltd launches pilot construction waste accounting and control project in Yugra
The agreement is aimed at implementing a pilot project of launching an electronic accounting...
Central Bank of Russia terminates activity of provisional administration of Bank Onego
No signs of insolvency (bankruptcy) have been established as a result of the provi...
Trains connecting Russia and Belarus stop in Vitebsk and Orsha again
Russian Railways Holding and Belarusian Railways will increase the number of stops where p...
Enel starts operating 133 MW of solar capacity in Brazil
The Enel Group’s Brazilian renewable energy subsidiary Enel Green Power Brasil Participaçõ...
Metalloinvest to raise employees' pay by 5% from March 1
The increase will amount to 5%, with about RUB 1.9 bn allocated to the increase, including social security contributions.
Russian machine-building industry saw second consecutive month of production growth in December
In December 2020, the Russian machine-building industry saw the second consecutive month of production growth (+10.7% year-on-year). However, it is too early to speak of a stable growth trend or a high growth pace.
Subscribe
to our newsletter
