Apr 23 2014 - 19:55
After returning to the Russian market less than a year ago, the Georgian wines have become the third best-selling imported wines in Russia. In the first three months of 2014, Russia imported 7.4 million liters of wine (9.87 million bottles) from Georgia - more than from Spain, and almost as much as from Italy. The share of Georgian wines among imported wines amounted to 14%. In the wine market in Russia they have 6.4%. Abkhazian wines which are slightly cheaper than Georgian wines are sold better on the Russian market.
Apr 23 2014 - 12:43
Suleiman Gasymov, vice president of the State Oil Company of the Azerbaijan Republic (SOCAR), said that a syndicated loan for construction of the Star refinery in Aliag (Turkey) will be signed on May 5, abc.az reports.The loan will be worth $3.5 billion. The project itself is worth $5.5 billion. Finances will be granted for 10 years with a 4-year beneficial period granted by Export-Import Banks and DenizBank, which will grant $0.5 billion.99% of DenizBank shares belong to Russia’s Sberbank.
Apr 22 2014 - 20:32
Moscow City Hall is going to spend some 290 billion roubles on preparations for the 2018 FIFA World Cup events in the Russian capital. It is planned that 64 billion roubles will be provided from the municipal budget and 221 billion from private investors.
Apr 22 2014 - 18:05
Chechnya's Grozny-Avia air company may merge with Turkey's Pegasus. Corresponding talks have already started. The Chechen delegation includes the republic's Deputy Minister of Transport Zelimkhan Abdurakhmanov and Grozny-Avia's chief executive Khasan Salgiriyev.
Apr 22 2014 - 17:27
Russian and Georgia are going to discuss possible ways to restore a direct air route soon, the Georgian prime minister's special representative for Russia Zurab Abashidze is quoted as saying.
Apr 22 2014 - 16:45
Ukraine is ready to jointly operate its gas-distributing system with the United States and the European Union, the country's Prime Minister Arseniy Yatsenyuk says.
Apr 22 2014 - 14:43
Chechnya, Chukotka, Dagestan and North Ossetia are the most corrupt state purchasers, according to the Safe Fatherland public organization, Rosbalt reports.The organization analyzed state purchases in 2013. The rating was based on complaints, if there were any, single-bid tenders, tenders with reduction by less than 5%, tenders when the payer refused to hire the winner, requests of price quotations for purchase of products worth over 500,000 rubles per quarter.
Apr 22 2014 - 13:04
Sberbank Rossii has opened two offices in the Dagestani cities of Derbent and Sergokal, RIA Dagestan reports.The office in Derbent is the third Sberbank office in the city. Sergokal has opened its first office for the whole Sergokalinsky District with a population of over 30,000 people.Sultan Umakhanov, manager of the Dagestani branch of Sberbank Rossii, reminded that 15 new offices of the bank had opened in Makhachkala, Karabudakhkent and Beliji in 2013. A total of 51 offices, including 33 new-format offices, of the bank are operating in Dagestan.