Friday, September 3, 2010

‘Company News’ News

Ministry of Environment: The Public Ministry have all the necessary materials for the criminal case against “Resurrection Fertilizers”

Tuesday, April 27, 2010 16:13

Fe1000bruary 3, 2010, due to resistance from the regular staff of "Resurrection of mineral fertilizers, staff Resurrection City Prosecutor"s Office in conjunction with the involvement of federal bodies of control and supervision of environmental protection are not able to implement a comprehensive and objective review of the company for compliance with environmental legislation , said the Ministry of Environment. In the course of this audit was to conduct sampling of air emissions from the production of the company, check the technical state of the cleaning and decontamination of pollutants, the environmental performance requirements in handling hazardous waste from production activities. As a result, counter the prosecutor"s office are not provided with the constitutional rights of citizens to health and supportive environment provided by the RF Constitution and federal law "On Environmental Protection".

Alexey Kudrin: 62 RF subjects completed in 2009 with budget deficit

Wednesday, March 24, 2010 20:25

In 2009, the total deficit budgets of all subjects of the Russian Federation amounted to 330 billion, said Vice-Premier and Finance Minister Alexei Kudrin at a meeting of the Presidium of the Government on February 4. According to him, in 2008, the budget deficit was recorded for 44 subjects of RF, and in 2009 with a budget deficit already finished 62 RF subject. total support from the federal budget last year totaled 1.5 trillion rubles, compared with 2008 it was increased to 400 billion rubles. "This deficit is covered by credit support. In addition, we gave a half trillion, regions in the credit market or as a loan from the Russian Federation have received this support, which is 330 billion," - said Alexey Kudrin. In his view, the result is all driven policy is that the costs of the budgets of subjects of Russia in 2009 remained at the level of nominal spending in 2008, "that is not failed," - said the head of the Ministry of Finance.

In Russia, modernization is impossible for foreign models

Wednesday, March 24, 2010 3:17

Information Unit (part of the investment holding company "Finam") held a conference "Modernization and the state corporation: how to become effective?". Its members believe that the renewal of Russia"s economy requires not only political will but also the support from society. This modernization, by analogy with the Asian countries are unlikely to realizable, given the differences in the mentality of the population and the investment climate. Modernization of the economy requires a number of conditions, experts say. "The modernization needs a" political inquiry "(clearly a politically important goal unattainable without the upgrade) and strong power, able to undertake the necessary reforms", - says the chief economist of the Criminal Code "Rus-Capital" Alex Logvin. Expert UK "Finam Management" Dmitry Baranov agree that the political component in the modernization of present, but not a primary condition of its holding: "It (the upgrade) depends on our bureaucracy and how much she would oppose it. The authorities need to draw on its part of society, while modernization will have a chance of success. " On the other hand, for modernization requires freedom of choice and action, and belief in the protection of their rights and stability rules of the game, adds the professor, New Economic School, CEFIR economist Natalya Volchkova: "The current government because there is one, that in other circumstances - with the professional courts and t . etc. - it would long ago have not been. " One of the main conditions of economic modernization is a fundamental renewal of the technical and technological base of production, says the head. Laboratory structural problems of the economy of the Institute for Economy in Transition Olga Izryadnova: "Here we are talking about a fundamentally new technologies and industries.

Ministry of Industry: Manufacture of aluminum in Russia decreased by 8,9%, copper - by 0,8%, Ni - 2,5%

Monday, March 22, 2010 2:16

In January-December 2009, primary aluminum production in Russia decreased by 8,9% compared with 2008 due to reduction in demand of domestic and foreign markets, according to Ministry of Industry. London Metal Exchange prices for aluminum remained low throughout the year. In the circumstances, the continued decline in production at all plants for the production of aluminum, but the greatest decline in production was observed in enterprises located in the Urals and the European part of Russia. In 2009, preserving the orientation of enterprises for the supply of aluminum, mainly in the external market. According to OK RUSAL, the export volume to about 87% of aluminum produced. use of facilities for the production of primary aluminum was about 91%.

Ministry of Industry: Manufacture of pharmaceutical products in Russia in 2009 decreased by 8,3%

Sunday, March 21, 2010 21:15

In January-December 2009, the production of pharmaceutical products in Russia decreased by 8,3% compared with 2008, according to the materials Minpromtorg. In December last year, the production of pharmaceutical products increased by 10,3% compared with December 2008 and 10,1% - compared with November 2009. The volume of drug production in 2009 amounted to 95.6 billion rubles. In 2009 compared with 2008, an increase in the production of the analgesic, antipyretic and anti-inflammatory drugs in packages and ampoules of vitamin preparations in ampoules of drugs for cancer treatment in bottles, said Ministry of Industry. At the same time there was a decrease of production of antibiotics (ready-made form), blood substitutes and other plazmozameschayuschih funds, vitamin preparations in packages of drugs to treat diseases of the endocrine system, digestive and other diseases in packages and ampoules of drugs for cancer treatment in packages , drugs for treatment of eye diseases in packages.

In 2009, Fortum has reduced the operating loss from activities in Russia to 26 million euros

Sunday, March 21, 2010 6:15

In 2009, the Finnish company Fortum, which belongs to JSC "Fortum", received 26 million euro operating loss of activity in Russia, the company said. This figure dropped a 3.5-fold compared with 2008, when the company received 91 million euro operating loss. In the 4 th quarter Fortum received 7 million euro profit against loss in the 4 th quarter of 2008 (19 million euros). The EBITDA for the year totaled 49 million euros (-24 million euros in 2008), following 4 quarters - 27 million euros (3 million euros in the 4 th quarter 2008). In the 4 th quarter of the Russian division of Fortum has realized 5.3 billion kWh of electricity per year - 19.5 billion kWh of thermal energy sales amounted to 8.9 billion kWh in the fourth quarter and 25.6 billion kWh - for the year. According to preliminary estimates, the demand for electricity in Russia in 2009 decreased by 5% compared with 2008, the report says Fortum. At the same time in the 4 quarter of last year, electricity demand increased by about 1,3%. JSC Fortum operates in the Tyumen and Chelyabinsk regions, which relate to the price zone of the Urals. Electricity consumption in the Urals region in 2009 decreased by approximately 6%. In the Tyumen region, which dominates the oil and gas industry, electricity demand in 2009 remained at the level of 2008.

Annual turnover of “Yandex” has grown by 14% and amounted to 8.7 billion rubles

Saturday, March 6, 2010 10:16

The annual turnover of Yandex, according to preliminary estimates, in comparison with 2008 increased by 14% and amounted to 8.7 billion rubles. As before, most of the company"s revenues - about 86% - brings contextual advertising. Another about 11% - in media, said the report "Yandex". "Contextual advertising has confirmed its sustainability as a business model, - says Alexey Tretyakov, commercial director of the company. - During the crisis, many advertisers have chosen her among all advertising mediums. Contextual advertising on" Yandex "allows you to tightly control the budget and addressed the most concerned part of the audience. Therefore, even those advertisers who have been forced to cut their advertising budgets will be treated to the context. The crisis has affected the average amount of advertising budget on one client - it has decreased, but the total number of clients increased from 2009 by 55%. For 2009 Yandex display ads, more than 120 thousands of advertisers. " Internet advertising - the only sector which showed growth against the backdrop of general decline in the advertising market in 2009.

In 2000-2009 years “Tatneft” saved about 1.6 million tons of fuel with a program of energy saving

Wednesday, March 3, 2010 14:17

OAO Tatneft in 2010, completes the second stage of a comprehensive energy conservation program in effect since 2000. During this period the company held a large complex of measures to reduce energy consumption, the report said "Tatneft". Saved about 1 million 600 thousand tons of fuel equivalent, or 18% of the consumption of fuel and energy resources. Specific power consumption for oil production in recent years has been steadily declining, the report reads. With the implementation of complex interventions, such as the use of hourly electricity planning the day ahead, holding the adjustment measures for the optimum rate, the rising cost of ef85lectricity for Tatneft in the past year amounted to 14,6% - despite the fact that energy prices approved for industrial enterprises of the republic of Tatarstan grew by 25%. Over the past five years the share of energy in the structure of operating costs increased from 8% to 13% and subject to the further growth rate by 2015 it could exceed 20%.

Railways and the Austrian Alpine Bau GmbH have created a joint venture to build two tunnels for the Olympic Games in Sochi

Wednesday, March 3, 2010 11:16

Company RZhDstroy "(a subsidiary of OAO RZD) and the Austrian Alpine Bau GmbH have established a joint venture with Alpine-RZhDstroy, which will participate in the implementation of infrastructure projects in Russia, Europe and third countries," the report said Railways. JV was created with the participation of the President of JSC "RZD" Vladimir Yakunin and the equity owner and chairman of the supervisory board of Alpine Dietmar Alyuty-Oltian, clarifies the company"s announcement. first projects, which will take part of joint venture, will build the tunnel AlpTransit Brenner Baulos A1 - Grundausryustung in Tyrol and the construction of two tunnels in Sochi, which are the infrasf73tructure for the Olympic Games in 2014. Appropriate memorandums of participation in these projects were signed today in Vienna. "Cooperation with Alpine means for us new opportunities to manage construction projects using advanced technologies.

In 2009, the Audit Chamber revealed financial irregularities at 150 billion rubles

Monday, March 1, 2010 18:16

In 2009, the Audit Chamber revealed financial irregularities at 150 billion rubles, of which 2.5 billion was returned to the budget. This is reported to the media, said the head of the RF Sergey Stepashin, speaking at the event on the 15 th anniversary of departments. He stressed that in a short time the country has created a unified system of monitoring the formation and execution of the federal budget. "Over the years, managed to move from a purely financial auditing in the initial stages of the use of modern techniques such as audit effectiveness and strategic audit of the authority of state financial control at the federal level - to a system of external public audit across the country", - quotes Sergey Stepashin Press Service of the Accounting Chamber. Addressing the meeting, he also spoke about the main issues are the focus of the joint venture. These include monitoring the effectiveness of treasury assets and intellectual property, state funds for national defense and social policy, as well as the development of education, science and culture. Among the most pressing areas of departments - participated in monitoring the appropriateness and effectiveness of funds allocated to national projects and federal programs, to implement the Government"s anti-crisis program, as well as monitoring the training facilities of the Sochi Olympics.