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Business news in Krasnodar

Today 14:50Russian bank VTB sells third of supermarket stake after just months    ( Financial Times )
Magnit founder Sergei Galitsky, who built Magnit into Russia's biggest food retailer from his southern hometown of Krasnodar, then saw it cede ground ...
05/19/2018 03:05Magnit Announces the Summary of the BoD Meeting Results    ( London South East (blog) )
Krasnodar, May 18, 2018: Magnit PJSC, one of Russia's leading retailers (the "Company", MOEX and LSE: MGNT), announces the results of the Board ...
05/15/2018 17:55Gazprom to provide farming machinery with natural gas    ( Your Oil and Gas News (press release) )
“Krasnodar Territory companies were the first in Russia to join forces with Gazprom to use natural gas in agricultural machinery on a cost-sharing ...
04/25/2018 00:05Murmansk officials weigh renewable energy legislation    ( Bellona )
Yet despite the warm reception many wind energy companies are getting in Russia's far north, Bellona's Andrei Zolotkov, who was at the Murmansk ... Numerous other regions in Russia, like the southern Krasnodar region, as well as the Altai Republic in Asia, and the Siberia Republic of Yakutiya, have ...
04/24/2018 09:00War, Business and 'Hybrid' Warfare: The Case of the Wagner Private Military Company (Part Two)    ( The Jamestown Foundation )
On March 28, Russian media presented information that members of the Private Military Company (PMC) Wagner may have been spotted in the East Ghouta region (southwestern Syria), coordinating a “normalization of the post-war situation.” The same sources also claimed that Wagner forces are ...
04/20/2018 23:50PepsiCo inaugurates new $42.3m baby food plant in Russia    ( FoodBev.com )
PepsiCo has opened a baby food production plant in Krasnodar, Russia, after investing RUS 2.6 billion ($42.5 million). The new plant will produce cottage cheese and yogurt products for the company's Agusha and Chudo Detki brands. Production capacity at the facility will be approximately 25 tonnes of ...
04/20/2018 17:55Russian companies interested in cooperation with Azerbaijan in a number of areas    ( Trend News Agency )
It is expected that several Russian trade missions will visit Azerbaijan, he added. "In the next two months, we expect arrival of trade missions of the enterprises of Altai Krai, Astrakhan oblast, Krasnodar Krai, interested in cooperation with Azerbaijan in the field of food industry and agriculture, as well as ...
04/15/2018 12:00German business takes Russia sanctions in its stride    ( Financial Times )
When the US announced its latest sanctions against Russian companies and business leaders the response in Germany was surprisingly muted. ... Claas, a German maker of agricultural machinery that opened a production plant in Krasnodar, southern Russia, in 2015, said it was still too early to say ...
04/12/2018 17:55US Sanctions Prominent Russian Individuals and Companies    ( Lexology )
DERIPASKA, Oleg Vladimirovich, Moscow, Russia; 64 Severnaya Street, Oktyabrsky, Khutor, UstLabinsky District, Krasnodar Territory 352332, Russia; 5, Belgrave Square, Belgravia, London SW1X 8PH, United Kingdom; DOB 02 Jan 1968; POB Dzerzhinsk, Nizhny Novgorod Region, Russia; citizen ...
04/08/2018 03:55Russia imports apple trees, instead of fruit    ( Deccan Chronicle )
Moscow: It's just not apples, but the whole tree that Russia is importing to wean its citizens off foreign food. The apple trees growing in Krasnodar near the Black Sea, where a Soviet-era orchard once flourished is proof of this. Most of the trees are from Italy. Russia is the world's largest apple importer ...
04/06/2018 13:55Colossal power: what regions earned from grain export?    ( Realnoe vremya )
Several regions make their biggest contribution to Russia's successes in the world wheat market: it's Rostov Oblast, Moscow, Krasnodar Krai, Saint Petersburg and Voronezh Oblast. Right these five regions exported the major part of Russian wheat – 29,5 kg, it's about 90%. The next 10 regions cultivated ...
03/20/2018 14:50Russian officials set to be banned from Plymouth    ( Plymouth Herald )
Russian officials could be banned from visiting Plymouth and a trade mission by city firms to Russia has been called off as tensions mount between the UK and the Kremlin. ... But after talking to businesses in Russia they made the joint-decision to halt the mission. ... Location: Krasnodar Krai, Russia.
03/20/2018 03:05Bellesbumprom exports to Russia up by 34.6% in January-February 2018    ( Belarus News (BelTA) )
Last year, the concern's exports to Russia went up to $151 million, up 24.2% versus 2016. Bellesbumprom-affiliated companies sold products to 74 Russian regions, the main importers being Moscow and Moscow Oblast ($35 million), Kaluga Oblast ($15.2m), Bryansk Oblast ($11.7m), St Petersburg ...
03/16/2018 07:50Vnukovo's international traffic soars 42.8% in February    ( www.rusaviainsider.com )
The greatest demand was for flights to St. Petersburg, Sochi, Krasnodar, Rostov-on-Don, Makhachkala, and Mineralnye Vody. ... Vnukovo is Russia's third largest commercial air hub and annually serves more than 170,000 flights across a route network which covers the entire territory of Russia, as well ...
03/01/2018 18:10Oleg Deripaska's mother owns assets worth billions of rubles    ( https://en.crimerussia.com/ )
Valentina Deripaska gets a former boarding house in the Krasnodar region. Now this is another country estate worth about 500 million ... In addition, Valentina Deripaska owns a dozen Russian companies through the Vozrozhdenie JSC. The publication notes that all information was obtained from ...
02/22/2018 12:40''We met Prime Minister of Dagestan Artem Zdunov — we were very glad to see him''    ( Realnoe vremya )
... and a couple of dozen agreements on cooperation with colleagues from regions and business. About the trip of almost the largest delegation to Krasnodar Krai they told at a briefing in the Cabinet of Ministers, pre-announcing the forthcoming Kazan forum Russia-Islamic World. Read the details in the ...
02/21/2018 16:40PRESS DIGEST - RUSSIA - Feb 21    ( Reuters )
Russia's leading producer of sparkling wine Abrau-Durso has bought up over 800 hectares of land to be used for vineyards in the region of Krasnodar, expanding its territories 1.5 times. The company aims to reduce the share of imported raw materials in its production process from 80 percent to 50 ...
02/20/2018 18:50The Russian guns for hire dying in Syria    ( BBC News )
He fought for the pro-Russian separatists in Luhansk. After Ukraine, he spent a month at a training base in Rostov-on-Don before he was sent to Syria. There are frequent media reports that fighters for Private Military Companies (PMCs) are trained at a base in the Krasnodar region and are sent to Syria ...
02/17/2018 12:30The grieving has begun after several Russians were killed by an American strike in Syria    ( Pittsburgh Post-Gazette )
He called me from Krasnodar and asked: 'Mother, what is my blood type?'” The Krasnodar region in southern Russia hosts a training base for the Wagner company on the grounds of a Russian Defense Ministry installation, according to social media evidence and testimony of the relatives. A listing for ...
02/17/2018 04:25'They were torn to pieces': Russian mercenary village mourns guns-for- hire who were among 200 ...    ( Daily Mail )
He called me from Krasnodar and asked: `Mother, what is my blood type?'' The Krasnodar region in southern Russia hosts a training base for the Wagner company on the grounds of a Russian Defense Ministry installation, according to social media evidence and testimony of the relatives. A listing for the ...

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