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Automotive news

GAZ Finance Сovers 10th Сoupon

GAZ Finance covered the 10th coupon on the primary issue of the bonds released in the volume of 5bn rub. 151.575mln rub. were transferred to the investors. The 10th coupon rate is set at 18% ann. The issue (5mln bonds)...
14.02.2011 17:52 | More...

AvtoVAZ Car Sales up Two Times in January 2011

In January 2011, car sales of AvtoVAZ totaled 35 540 LADA cars which is two times as much as in the same period of 2009. Export totaled 2620 cars. In January 2011, car sales totaled 38 160 LADA cars. LADA...
2.02.2011 13:22 | More...

Volkswagen Chooses SANNA to Deliver Spare Parts

At the end of November 2010 the manufacture of all versions of Polo Sedan was launched at Volkswagen Group Rus in Kaluga. A reliable international carrier is required to deliver spare parts for the new vehicles. The activity of the...
2.02.2011 12:51 | More...

KAMAZ Pushes Up Sales in Ukraine and Kazakhstan

According to last year's results, OJSC KAMAZ greatly pushed up its sales, especially in Ukraine and Kazakhstan. Foreign Trade Company of OJSC KAMAZ sold about half a thousand vehicles in Ukraine during 2010. The enterprise again proved that trucks it...
31.01.2011 17:37 | More...

Sollers Cuts Retail Prices on Russian-Assembled Fiat

Group of Companies SOLLERS, official manufacturer, importer and distributor of FIAT, announces that, on February 1, 2011 the retail price on all passenger and commercial vehicles of FIAT assembled in Russia will be reduced. The program will run until the...
31.01.2011 17:31 | More...

Sollers-Far East Manufactures First Production Crossover SsangYong New Actyon

Sollers has announces that the company launched the batch production of a new crossover SsangYong New Actyon in Sollers-Far East. New Actyon is the first crossover SsangYong with the integrated body and all-wheel-drive system which is meant to bring the...
27.01.2011 16:45 | More...

Aviation news

Transaero Airlines Reduces Ticket Prices as Gazpromneft-Aero Cuts Jet Fuel Prices

On February 15, Gazpromneft-Aero reduced the cost of jet fuel for the aircraft fleet of Transaero Airlines at Russian airports by 500 rubles per 1 ton. This is not the first time the prices have been reduced in February. On...
15.02.2011 16:16 | More...

SaM146 Serial Production Development via Creation of Technology Competence Center

On February 18, 2011 a new special shop will be officially opened at NPO Saturn under the SAM146 serial engine production development. The manufacturing of rotor blades and sectors of turbine nozzle assembly with low pressure of SaM146 engines will...
15.02.2011 15:48 | More...

UTair Aviation Passenger Turnover up 51.2% in 2010

UTair Aviation, which includes UTair, UTair-Express LLC, UTair-Ukraine, CJSC UTair-Cargo, JSC Nefteyugansky, Helisur, UTair Europe s.r.o. and UTair South Africa (Pty) Ltd, has shown steady growth in production figures in 2010. In 2010, the aircraft and helicopters operated by the...
15.02.2011 15:27 | More...

Volga-Dnepr Group to Spend over $400 Million on An-124-100 Upgrade

Volga-Dnepr Group will spend over $400 million on the upgrade of An-124-100 before 2018. The aircraft upgrade program includes two phases. The first one implies the research and development work and the second one provides for the upgrade of avionics...
15.02.2011 12:35 | More...

Sheremetyevo International Airport Passenger Traffic up 20.5% in January 2011

In January 1, 2011 Sheremetyevo International Airport served 1 million 454 thousand passengers, which is 20,5% as much as in January 2010. Passenger traffic on international routes in January rose by 19.1% to 971,059 people, domestic flights - by 23,4%...
14.02.2011 17:21 | More...

Rosoboronexport and Axis Sign Memo of Understanding to Establish Avionics JV

Rosoboronexport and a Bangalore-based Axis Aerospace and Technologies have signed a memorandum of understanding to create a joint venture to manufacture improved avionics in India. Electronic equipment and communication facilities will be created by using technologies based on electronic circuits...
14.02.2011 15:53 | More...

Financial news

GAZ Finance Сovers 10th Сoupon

GAZ Finance covered the 10th coupon on the primary issue of the bonds released in the volume of 5bn rub. 151.575mln rub. were transferred to the investors. The 10th coupon rate is set at 18% ann. The issue (5mln bonds)...
14.02.2011 17:52 | More...

Fitch Confirms Sukhoi Civil Aircraft Rating at "BB"

Fitch Ratings confirmed the ratings of Sukhoi Civil Aircraft including IDR and debt ratings: Long-term IDR affirmed at "BB", outlook "positive"; Short-term IDR affirmed at "B"; Long-term local currency IDR is affirmed at "BB", outlook "positive"; Short-term local currency IDR...
11.02.2011 16:06 | More...

RZD Debut Bond Issue Recognized as One of the Best Deals in Eastern Europe

Euroweek, a magazine about the international debt capital markets, summed up the annual competition of the best deals in January 2011. The winners in various categories are determined by editors by the results of voting among the leading investment banks...
7.02.2011 17:05 | More...

NCSP Board Approves Share Redemption Ratio

PJSC Novorossiysk Commercial Sea Port (LSE: NCSP, RTS & MICEX: NMTP) hereby announces the resolution of PJSC NCSP Board of Directors passed on 4 February 2011 (Board meeting's minutes №09-SD NMTP dated 4 February 2011): To approve the Report on...
7.02.2011 13:23 | More...

UAC Announces Preliminary Results for 2010

Joint Stock Company "United Aircraft Corporation" [RTS ticker: UNAC; MICEX ticker: UNAC] announces its preliminary unaudited results for the year 2010. • Revenue totaled 165 billion roubles, y-o-y increase of 44.7% • Debt decreased by 6.4%, amounting to 147.6 billion...
3.02.2011 11:22 | More...

UAC Increases Shareholding of VASO's Common Stocks up to 91.2%

United Aircraft Corporation (UAC) has increased its shareholding of common stocks in VASO from 10.44% up to 91.2%. The share of UAC in VASO has been increased from 16.73% up to 89.44%. The shareholding of UAC has been increased due...
31.01.2011 16:03 | More...

Infrastructural news

RTL Group LLC Launches New CLT in Novoshakhtinsk

RTL Group LLC commissioned on February 11, 2011 a new Customs and Logistics Terminal (CLT) in Novoshakhtinsk (Rostov region) based at the logistics complex of Southern Transport Lines Ltd. (UTL). The CLT became the first logistics outpost in the southern...
14.02.2011 15:18 | More...

1.1 Billion Roubles Invested in Saint-Petersburg Seaport Development

In 2010, a group of companies "Sea Port St. Petersburg" has invested more than 1,1 billion roubles in the implementation of a full program of development of port infrastructure. Most of the funds, more than 888 million roubles, were spent...
11.02.2011 17:19 | More...

Russian Railways to Spend 349 Billion Roubles on Railway Infrastructure and Rolling Stock Development

The company's investment budget for the current year is 349 billion roubles, including the activities related to the preparation and organization of the Olympic Games in Sochi, will amount to 62.2 billion roubles, the company's own projects - 286.8 billion...
10.02.2011 12:45 | More...

General Contractor for Pulkovo Airport Development Appointed

On February 8, Northern Capital Gateway announced the selection of general contractor for the works of the first stage of the development project of Pulkovo Airport. The winner of the tender involving six European companies was a joint venture, which...
9.02.2011 15:08 | More...

RZD to Spend 14.1 Billion Roubles on Mga - Gatchina - Veimarn - Ivangorod in 2011

Investments of Russian Railways into the project "Comprehensice reconstruction of Mga - Gatchina - Veimarn - Ivangorod and railway approaches to the ports on the south coast of the Gulf of Finland" have been estimated at 14.1 billion roubles....
9.02.2011 13:31 | More...

Tobolsk - Surgut Infrastructure Development Estimated at 1.2 Billion Roubles in 2011

JSC Russian Railways in 2011, will invest 1.2 billion roubles in the development of railway infrastructure on the route Tobolsk - Surgut. In 2011, it is planned to implement the following projects: - Completion of construction of 2 spans Karmyshev...
4.02.2011 16:59 | More...

Logistics news

RTL Launches $8.5m Customs Terminal on Ukraine Border

Russian Transport Lines (RTL) invested a total of $8.5m in Novoshakhtinsk customs and logistics terminal on the border between Rostov region and the Ukraine. The project was reportedly carried out under private-public partnership. The 20-hectare terminal, equipped with 1,500-square-meter warehouses,...
15.02.2011 16:53 | More...

DB Schenker Certified ISO 14001:2004 throughout Australia and New Zealand

DB Schenker has achieved ISO 14001:2004 certification for all fourteen of its logistics centres in Australia and New Zealand. In line with DB Schenker's Global Environment Program, Schenker Australia and Schenker (NZ) are now ISO 14001:2004 certified, having established an...
4.02.2011 15:10 | More...

Incotec Cargo Delivers 10 Heat Exchangers to Saint-Petersburg Port

Incotec Cargo has delivered 10 oversized heat exchangers weighing 1800 tons to Saint-Petersburg port for the construction of petrochemical plants and oil refineries of TANECO in Nizhnekamsk. The heat exchangers were manufactured by Hamon D'Hondt SA (France). They were delivered...
2.02.2011 16:25 | More...

Kuehne + Nagel Launches Temperature-Controlled Reefer Truck Services for Drinks Industry in Russia

Kuehne + Nagel has launched regular liquid bulk transportation services via road freight from the CIS and other foreign markets to Russia. Tank-containers are equipped with a special reefer set which ensures constant temperature between -3 and -5 °C in...
1.02.2011 14:44 | More...

AOI Logistic Park at Minsk Airport

In late 2009, AOI (Antwerpse Ontwikkelings- en Investeringsmaatshapij) and Belarus signed an investment contract on active expansion of the country's logistics system by establishing an intermodal logistics park at Minsk Airport. In order to develop the logistics park project AOI...
24.01.2011 16:34 | More...

CHIN-RU Solves Problem Regarding Export-Import License

Direct delivery of goods from China provides Russian companies with a number of competitive advantages, including the ability to buy the goods of necessary quality at a lower price. Therefore, the market makes attempts to organize the work with China...
20.01.2011 16:23 | More...

Maritime news

1.1 Bln. Rubles Transferred for Development of Group of Companies "Sea Port of Saint-Petersburg" in 2010

In 2010 the group of companies "Sea Port of Saint-Petersburg" transferred over 1.1 bln. rubles for the implementation of port infrastructure development programme. Main part of the funds, over 888 mln. rubles, was transferred for the modernization of the handling...
15.02.2011 15:53 | More...

Russian Govt to Offer 25.5% of Volga Shipping at Tuesday Auction

Russia's Federal Agency for State Property Management will offer 25.5% of Volga Shipping, one of the country's largest shipping companies, at a minimum selling price of 1.043 billion rubles ($35.35 million) at an auction on Tuesday. The bid book was...
15.02.2011 15:07 | More...

SUEK Starts New Stage of Vanino Bulker Terminal Development

Siberian Coal Energy Company (SUEK) continues to develop Vanino Bulk Terminal (Bay Muchka, the Khabarovsk Territory). The new investments will provide an opportunity to increase the capacity of the terminal along with the increase in the capacity of the Far...
15.02.2011 13:15 | More...

Tranzit-DV to Deliver 40 000 Tons of Coal from the Kuzbassrazrezugol's Coal Mines

Tranzit-DV (a part of Tranzit-DV Group) will deliver 40 000 tons of coal from the coal mines of Kuzbasrazrezugol to Kamchatka. The delivery will be provided under the contract with Kamchatenergosnab. On February 14, 2011 the motorship Zolotaya Kolyma called...
15.02.2011 13:07 | More...

Ro-Ro Vessel to Be Used on Novorossiysk - Sochi Imeretensky Route

The new line Novorossiysk - Sochi Imeretensky - Novorossiysk will deploy Ro-Ro vessel with the cargo capacity of 80 17-meters trucks. Besides, the vessel has the cabins for the drivers for 180 people. The first ferry will depart from Novorossiysk...
15.02.2011 13:02 | More...

PJSC Vanino Port Turnover in January 2011

According to the information from the main dispatch office the turnover of the stevedoring company Vanino Port in January 2011 equals 463.3 thousand tons (+0.5 %). During the first month of the current year the port handled 187.6 thousand tons...
15.02.2011 12:19 | More...

Rail news

SUEK Starts New Stage of Vanino Bulker Terminal Development

Siberian Coal Energy Company (SUEK) continues to develop Vanino Bulk Terminal (Bay Muchka, the Khabarovsk Territory). The new investments will provide an opportunity to increase the capacity of the terminal along with the increase in the capacity of the Far...
15.02.2011 13:15 | More...

Freight One Shipped 211 000 Tons of Coking Coals from Tuva

211 000 tons of coking coal of mega-deposits of Tuva was transported by Freight One in 2010. In 2009, the coal shipments amounted to 8000 tons. Coal transportation was provided by Freight One to the enrichment and coke plants of...
14.02.2011 17:06 | More...

Freight One Starts Reinforced Concrete Transportation for Vankor Oil & Gas Field

Freight One started to transport concrete structures necessary for equipping Vankor field - one of the most promising oil & gas fields in Russia developed by Rosneft. Shipment of reinforced concrete piers needed for the construction of power lines and...
14.02.2011 16:49 | More...

Freight One: over 20 000 Railcars Damaged in Result of Aggressive Use of Unloading Technologies in 2010

In 2010, 21 467 cars of Freight One were damaged, or 10.9% of the company's operating fleet. Volumes of damages are consistent with the size of fleets of medium-sized operators and exceed the amount of new cars purchased last year...
14.02.2011 11:41 | More...

Alliance-Leasing Signs Deal worth 116 Million Roubles

Alliance-Leasing has financed the acquisition of gondola cars and loaders for Pskovvtormet. The amount of leasing is 116 million roubles. The newly-acquired equipment includes 22 gondola cars 12-132 and 2 modern loaders FUCHS MHL-340 D and MHL-350 D designed for...
14.02.2011 11:18 | More...

Freight One Shipments up 30% in Tomsk Region

The shipments of Freight One have increased by 30% in the Tomsk region over the past three months. The growth was achieved due to the increase in the company's cargo base in the construction and timber industries. Since early 2011,...
11.02.2011 15:36 | More...