| Russian businessman to develop ski center in Chechnya |
| Russian businessman Ruslan Pisarov will invest $390 million to develop a state-of-the-art ski center in Chechnya.
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| recovery in EU10 |
| Half a year after Europe was shaken by a sovereign debt crisis, the recovery in the EU10 continued in 2010 and is set to strengthen in 2011, according to the World Bank’s new EU10 Regular Economic Report launched today in Warsaw.
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| buying sentiment returned to Ukraine |
| After Tuesday’s risk-averse and profit-taking session, buying sentiment returned to Ukraine on Tuesday. |
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| Russia OKs privatisation programme |
| The Russian government has approved the privatisation programme for 2011-13. |
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| New Transneft documents |
| Aleksey Navalny, a lawyer and private shareholder of Transneft, has issued documents in his blog which give examples of sub-optimal decisions at Transneft . |
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| Expert: Romania will register slower growth |
| Interesting disagreement is taking place recently in Romania. Following the government decision to implement some harsh economic measures, the Constitutional Court ruled that some of the government’s decisions are illegal. |
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| Russia to recover FDI level, says Arabic newspaper |
| Russia like other countries has been making efforts to minimize the effects of the global crisis on its economy. |
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| Hyatt Hotels Corporation and MKC–RosEvroDevelopment LLC |
| Hyatt Hotels Corporation (NYSE: H) announced today that a Hyatt subsidiary and MKC-RosEvroDevelopment LLC signed a management agreement for Hyatt Regency Rostov – Don Plaza. |
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| Siemens to supply compressor solution for OPAL natural gas pipeline link |
| Siemens Energy has received an order for the supply of a compressor solution for the OPAL natural gas Baltic Sea pipeline link. Purchaser is the European energy company WINGAS GmbH & Co. KG, a joint venture of the German oil and gas producer Wintershall and the Russian company OAO Gazprom. |
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| Siemens acquires Elektrozavod’ stake in Russian joint venture |
| Siemens Energy has fully acquired Siemens High Voltage Products OOO (LLC). Until now, Siemens had held a 51-percent stake in the joint venture headquartered in Ufa, the capital of the Russian Republic of Bashkortostan located near the foothills of the Ural Mountains. |
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| Dresser Wayne® and MOL Group Enter New Four-Year Dispenser Agreement After Tender by Invitation |
| Agreement Names Dresser Wayne as Dispenser Supplier to MOL Group in Its Ten Retail Markets in Central and Eastern Europe |
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| Sakhalin-1 Project Continues Record Setting Drilling |
| Completes First Two Extended-Reach Wells at Odoptu |
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| PAVA to continue manufacturing flour for retailer’s private label |
| PAVA, one of major grain processors in Russia, said it would continue to strengthen co-operation with a large Siberian retail network on supplying flour products to be sold under private label. |
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| Russia organizing expert conference in Middle East |
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| PAVA targets Mikhailovsky mill renovation |
| Russian major flour manufacturer PAVA envisages refinement of the production process at the Mikhailovsky milling branch. |
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| RZD starts compensation payouts to bereaved and injured in Nevsky Express tragedy |
| Russian Railways (RZD) has begun paying compensation to those injured and the families of those who died in the disaster involving Nevsky Express train No. 166 on 27 November 2009. |
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| RZD President Vladimir Yakunin: Safety is always the company’s top priority |
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