General News

Cross border cooperation Days 2014 with new format in Nikel and Kirkenes

10/09/2014 // 0 Comments

The border towns of Nikel (Pechenga region; Murmansk) and Kirkenes (Sør-Varanger municipality; Finnmark) will host the Days of Russian-Norwegian cross border cooperation on the November 6 and 7. This annual international event has taken place in Nikel since 2011 on the initiative of the Government [...]

Borenius Sanction Update: Impact of EU Sanctions on Your Business

09/09/2014 // 0 Comments

The law firm Borenius published an update about the impact of EU sanctions for business in Russia. In their information they underline that the scope of the EU sanctions targeting Russia is complex, especially when it comes to the consolidated groups of companies active within Russia. As the rules [...]

New drilling rights to Gazprom and Rosneft without auction

08/09/2014 // 0 Comments

The news agency RIA Novosti reports that the Russian government has given Gazprom the rights to drilling operations in a new subsea area in the Barents Sea. Moreover, Rosneft received permission to extract minerals in a new location in the Sea of ​​Okhotsk (part of the Pacific Ocean). The new [...]

Russia climbs 11 places on new Global Competitiveness Report

03/09/2014 // 0 Comments

Russia was rated as the 53rd most competitive country, up 11 places from 64th place in 2013, in the World Economic Forum’s annual competitiveness ranking published Wednesday.The Global Competitiveness Report 2014 – 2015 assesses the competitiveness landscape of 144 economies. The report [...]

Trade volume between Russia and the EU significantly reduced in May

22/07/2014 // 0 Comments

The trade between Russia and the European Union was significantly reduced in May: Exports of goods from Europe to Russia fell by 13 percent, while exports from Russia to EU countries fell by 9 percent. In the same month trade between the EU and other countries increased from 14.6 to 15.4 billion [...]

Russia and Serbia have signed agreement to build South Stream

09/07/2014 // 0 Comments

The realization of the South Stream gas pipeline has entered a new phase after Moscow and Belgrade have signed an agreement, Gazprom-CEO Alexei Miller told to journalists according to the news service Voice of Russia. Russia and Serbia have signed an agreement to build the pipeline and the [...]
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