Siberian SME sector: The Russian government has announced that it is lifting the stringent restrictions designed…
Siberia
Business news and investment opportunities in Siberia
Heineken launches Feilong rice beer brand in Siberia and Russia’s Far East
Heineken launches Feilong: Heineken has launched a new brand of rice beer for Russia’s Far East and Siberian…
Rechargeable Porsche heads off in test drive across Siberia
Rechargeable Porsche: A group of journalists funded by Porsche Russland have headed off across Siberia on…
New Siberian coal mine set to boost local economy
New Siberian coal mine: Russia’s largest open-cast coal mine was officially opened in Siberia’s Khakassia Republic…
Siberian wood industry cluster secures $460m of Chinese funding
Siberian wood industry cluster: China’s AVIC Forestry Corporation has agreed to invest more than $460m in…
Yamal LNG allocated $2.6bn for construction of South Tambeisky facility
Yamal LNG: Russian Prime Minister Dmitry Medvedev late last week signed a resolution that will see…
Russian Railways recapitalised to fund Trans-Siberian modernisation
Russian Railways recapitalised: The Russian government has ordered the authorised capital of Russian Railways to be increased…
Northern Sea Route to be open for business by 2016
Northern Sea Route: The new port at Sabetta on Russia’s Yamal Peninsula is on schedule to be completed…
UTair bailout being considered by Russian government
UTair bailout: The Russian government is considering extending financial aid to Siberia’s troubled UTair airline, Deputy…
UTair on verge of bankruptcy as creditors circle
UTair on verge of bankruptcy: Western Siberia’s UTair was teetering on the brink of insolvency today after…
Yamal LNG project pledged government support
Yamal LNG: President Vladimir Putin has promised Novatek and its partners CNPC (China) and Total (France)…
Siberian electricity prices rise to European levels as Lake Baikal drops
Siberian electricity prices have almost risen to those paid by Russians living in the Urals and…
Trans-Siberian railway detour planned
Trans-Siberian railway: Russian Railways is planning to add a 105-mile detour to the Trans-Siberian Railway to the south of…
Putin opens Bugrinsky Bridge across the River Ob
Bugrinsky Bridge: President Putin yesterday attended the ceremony to mark the completion of the Bugrinsky Bridge…
BASF sells German gas storage facility to Gazprom
BASF has agreed to sell Europe’s largest underground gas storage facility to Gazprom. In return for the…
Imilorskom oilfield production gets under way
Imilorskom: Lukoil has begun work on the Imilorskom field in Western Siberia and expects to ramp up annual…
Buryata gets loan for Lake Baikal clean-up
Lake Baikal clean-up: The Republic of Buryatia is to get an RUB290m loan to help it in…
Kara Sea oil exploration begins a year ahead of schedule
Kara Sea oil exploration: With President Vladmir Putin watching via videolink, Exxon Mobil and Rosneft this…
Russian salaries grow despite economic slowdown
Russian salaries were 9% higher in June than they were in the same month last year with…
M56 Lena highway funding diverted to Crimea
M56 Lena highway funding: The Russian Finance Ministry is proposing to reduce spending on the M56 Lena…
Rosneft Capex up 20%
Rosneft Capex: Rosneft is planning to increase its capital investment program by 20% to RUB730bn as some…
Evraz plans assault on global rail market
Russian metals and mining group Evraz is planning an assault on the global rail market, particularly Latin America, the Middle…