Bonus payments to Rosneft’s Board of Directors surged 100-fold
Over the course of the first quarter of 2017, members of the Board of Rosneft, the Russian oil company, have received bonuses totaling almost 1,5 billion rubles (approximately $25,8 million), Vedomosti newspaper reports on Wednesday.
Gazprom built 700 km of Power of Siberia pipeline
Gazprom, a Russian gas holding, has already built 719 km of the linear part of the Power of Siberia pipeline, as it follows from the company’s message, Rambler News reports on Thursday.
French jewelry house Mauboussin enters Russian market
Mauboussin, a French jewelry house, will enter the Russian market with the opening of its flagship boutique on Nikolskaya Street, Moscow, according to JLL, the company acting as a consultant of the transaction.
Volkswagen to invest €9 billion in green technology
German carmaker Volkswagen will increase its investments in the development of vehicles using alternative fuels, and plans to become a leader in the field of production of electric vehicles by 2025, as it follows from a statement published on the manufacturer’s website.