Arcelormittal buys Italian steel company Ilva for €1.8 billion
The world's largest steel company Arcelormittal, in the consortium with Italian company Marcegaglia, will acquire Italy's largest steel company Ilva from the Italian government for €1.8 billion, Le Figaro reports, citing the Economy Ministry of Italy.
EU member states agree to extend sanctions against Crimea
Permanent representatives of the member states of the European Union have agreed on a one-year extension of sanctions against the Republic of Crimea, RIA Novosti informs with reference to a source in the EU Council.
Gazprom admits troubles with LNG export from Qatar due to crisis
Russian gas holding Gazprom does not rule out problems with the export of liquefied natural gas (LNG) from Qatar in connection with the severance of its diplomatic relations with a number of states, Deputy Chairman of the Board of Gazprom, Alexander Medvedev, said at a press conference on Tuesday.
Third Game of Young Architects takes place at Expo Center
Today, within the framework of 2017 World of Glass show held at Expo Center, the Krasnaya Presnya district of Moscow, Russia, the third intellectual game under the name of “Young Talents of Construction Industry” of a season 2017 – 2018 is taking place.
Ingushetia allocates $53 million to public amenities construction
This year, Ingushetia will spend about 3 billion rubles ($53 million) for the construction of socially significant facilities, Deputy Minister of Construction, Architecture, Housing and Utilities of the region, Amir Tsoloev, said at a meeting with the head of the Republic.
Project for unique gas field approved in Russia
The General Board of State Expert Review of Russia has approved a project for the infrastructure development of Kamennomysskoye-more gas field in the Yamalo-Nenets autonomous district, the Russian region situated close to Polar Circle.
Russian Lukoil denies talks with Qatari Fund on gas stations’ sale
The Qatari sovereign wealth fund (Qatar Investment Authority, QIA) did not apply to Russian oil company Lukoil with a proposal to buy part of the gas filling stations owned by the Russian company, the head of Lukoil Vagit Alekperov told Rambler News.
USA planned to lift sanctions from Russia’s oil industry – media
In late March, Donald Trump’s administration considered lifting sanctions from Russia’s oil industry, claiming that decreased oil production in Russia would damage the U.S. economy, Interfax news agency reports with the reference to American media.
Russian car-maker AvtoVAZ admits production of flying cars
AvtoVAZ, a Russian car-maker, may consider the project of production of flying vehicles jointly with Rostec and sees a potential in such developments, the company’s president, Nicolas Moore, said in an interview with Rambler News on Monday.
Russian companies eager to engage in Syria’s rebuilding
A number of Russian companies, after a meeting with Syrian representatives at the St. Petersburg International Economic Forum (SPIEF), agreed to participate in the reconstruction of this war-torn country as soon as the conflict ends, RIA Novosti news agency reports with the reference to Syrian Ambassador to Russia Riyad Haddad.
Yakutsk airport’s runway needs to be reconstructed for $40 million
Administration of Civil Airports federal state enterprise announced a public tender with limited participation and subsequent pre-selection for a general contract on the reconstruction of a runway at the airport in Yakutsk, the capital city of the Sakha Republic, Russia.