Radisson Blue hotel in Olympic Sochi put up for sale
Russian Bank for Development and Foreign Economic Affairs (the VEB) plans to announce an open tender for the sale of Radisson Blue hotel in Sochi at the end of the tourist season, the bank’s Chairman, Sergey Gorkov, said on the sidelines of a forum “Russia – Islamic World: 2017 Kazansummit held in the capital city of the Republic of Tatarstan.
Italians set to invest in Russia’s cheese cluster worth $52 million
Companies engaged in cheese production and processing of cheese products are ready to invest about 3 billion rubles ($52 million) in the establishment of a cheese cluster in the Dmitrov district of the Moscow region, Deputy Chairman of the Moscow regional government, Denis Butsaev, said on Friday.
Start of Paks II NPP construction in Hungary scheduled for 2018
The first works within the construction of power units No. 5 and No. 6 at Paks II nuclear power plant (NPP) in Hungary, carried out with Russian participation, are scheduled for early 2018, according to the press office of JSC ASE engineering company, a general contractor for the project and part of Rosatom State Nuclear Energy Corporation.
Poland demands that European Commission fines Gazprom
PGNiG, a Polish state oil and gas company, appealed to the European Commission with the request to fine Russian Gazprom for violation of antimonopoly legislation, and to create competitive conditions on the gas market.
Argentina postpones purchase of fifteen Russian MiG-29 fighters
Argentina made a decision to postpone the purchase of MiG-29 jet fighters from the Russian Federation, Interfax reports on Friday with the reference to Sergey Ladygin, a deputy director general of Rosoboronexport, the Russian state company exporting military equipment.
Rosneft spends €600m on upgrading of its refineries in Germany
Over the course of 5 years, Rosneft, a Russian oil company, will spend €600 million on the modernization of its refineries in Germany, of which €300 million has already been allocated, Rambler News reports on Thursday with the reference to the head of Rosneft, Igor Sechin.