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BasEl Will Quadruple Investment in Agriculture in 2012

Tue, 03 Jan 2012 00:00:00 GMT

Oleg Deripaska's Basic Element plans to invest around 400 million rubles in agriculture development in 2012, compared to 100 million rubles in 2011, Andrei Oleinik, the head of BasEl 's agriculture division said.

RIA OREANDA

Deripaska: 'wealthy time' has ended for the eurozone Business

Sun, 01 Jan 2012 00:00:00 GMT

Oleg Deripaska, one of Russia's leading business figures, has warned Europe that its "wealthy time" is over and that Russia's newly-agreed membership of the World Trade Organisation opens up fresh possibilities for British businesses.

The Sunday Telegraph

Deripaska's notable visit

Tue, 13 Dec 2011 00:00:00 GMT

The Russian billionaire Oleg Deripaska, below, paid an unpublicised visit to London last week, not to fight a court battle, or buy a Premier League football club, but to listen to music.

The Independent

FAW in truck joint venture with Russia's GazGroup

Mon, 21 Nov 2011 00:00:00 GMT

Chinese automaker FAW Group and Russian billionaire Oleg Deripaska's Gaz Group - one of Russia's largest car manufacturers - plan to start operation of a Russian joint venture from 2012, according to Bo Andersson, CEO of GAZ Group.

China Daily - Hong Kong Edition

Russian car maker GAZ returns to profit in H1

Tue, 15 Nov 2011 00:00:00 GMT

Russian carmaker GAZ reported on Tuesday a first-half net profit of 1.5 billion roubles ($49 million) against a 0.5 billion rouble net loss in the same period of 2010.

Reuters

Perm region and Volnoe Delo to carry out Robot Technology program

Tue, 08 Nov 2011 00:00:00 GMT

Authorities in Perm region and the fund Volnoe Delo have signed an agreement to carry out the federal program Robot Technology in the region, the Perm regional server Perm.ru reports. The agreement was reportedly signed at the regional active youth forum "Tomorrow Today Will Be Yesterday", that was held in Perm on November 2-3, 2011. The agreement implied support of talented youth of Perm region, development of growing generation's interest to innovations and high technologies, encouraging youth entrepreneurship in the sector of innovation and high technologies.

SKRIN Newswire

Russian agriculture

Tue, 01 Nov 2011 00:00:00 GMT

Russia's wheat industry has made an exceptional comeback in global trade since the lifting on July 1 of the export ban that had choked off the outward flow and sent international prices suddenly upward less than one year before.

World Grain

Russia’s Basic Element plans to up revenue 24% in 2011

Tue, 25 Oct 2011 00:00:00 GMT

Russian multi industry holding Basic Element (Basel) plans to increase its revenue 24% on the year to U.S. $30 billion in 2011, the company's CFO Alexander Lukin told reporters Tuesday.

Prime News

Russia’s Basel Aero airports passenger traffic up 14% on year January-September

Fri, 21 Oct 2011 00:00:00 GMT

Passenger traffic through the airports of Basel Aero, a division of Russian businessman Oleg Deripaska's multi-industry holding Basic Element (Basel), rose 14% on the year to 4.345 million passengers in January-September, Basel Aero's press office said Friday.

Skolkovo Hosted Meeting of Russo-Japanese Consultative Council

Tue, 27 Sep 2011 00:00:00 GMT

On September 20, 2011, Moscow's Skolkovo School of Management hosted the second meeting of the Russo-Japanese Consultative Council on the Modernization of the Russian Economy, chaired by Arkady Dvorkovich, Aide to the President of the Russian Federation, and Chikahito Harada, Ambassador Extraordinary and Plenipotentiary of Japan to the Russian Federation.

America is preparing for the Asian Pacific Economic Cooperation Forum

Fri, 23 Sep 2011 00:00:00 GMT

The latest Asian Pacific Economic Cooperation Forum will take place November 12-13 in Honolulu, the capital of the State of Hawaii. In preparation for the forthcoming Forum San Francisco has been hosting key events on cabinet member and business circle levels for APEC Forum participants. The Russian delegation is being represented by Oleg Deripaska, CEO of Basic Element Group.

Moscow News

Deripaska sees “unique opportunity” to supply hydropower to China

Fri, 17 Jun 2011 00:00:00 GMT

The Times reports that Oleg Deripaska is to invest billions of dollars in the construction of new hydroelectric power plants in Siberia.

GAZ Group, Volkswagen Group Rus sign car assembling agreement

Tue, 14 Jun 2011 00:00:00 GMT

Russia's vehicle maker GAZ Group and German auto giant Volkswagen Group Rus companies have signed a long-term agreement on the contract assembling of Volkswagen and Skoda cars at the Gorky plant, which is located in Nizhny Novgorod.

Itar-Tass

Volkswagen, GAZ Group to invest 200 mln euro in car assembly

Tue, 14 Jun 2011 00:00:00 GMT

German auto giant Volkswagen and Russian vehicle maker GAZ Group will invest 200 million euros in the assembly of cars at GAZ's production capacities, GAZ Group President Bo Andersson said on Tuesday.

Deripaska Joining Russian Grain Onslaught as Year-Long Ban on Exports Ends

Wed, 01 Jun 2011 00:00:00 GMT

Billionaire Oleg Deripaska's farm in southern Russia is preparing to join the surge in grain exports that will come a month from now as the government lifts a ban on shipments that contributed to a doubling of wheat prices.

Bloomberg

GAZ Group and Terex Corp. Announce Joint Venture to Make Construction and Roadbuilding Equipment in Russia

Mon, 30 May 2011 00:00:00 GMT

GAZ Group, part of Oleg Deripaska's Basic Element, and Terex Corporation announced that they have entered into an agreement to form a joint venture company for the manufacture of construction and roadbuilding equipment in Russia.

Reuters Significant Developments

Industry ramping up retention programs

Fri, 27 May 2011 00:00:00 GMT

A labor shortage is forcing companies to find creative ways to attract and keep blue-collar workers. Basic Element is ready to double salaries over the next two years, provide assistance for better housing and even dole out equity packages.

The Moscow Times

Continental Management revamps containerboard PM

Thu, 31 Mar 2011 00:00:00 GMT

Russia's Continental Management (CM) is set to upgrade the containerboard machine PM 1 at its Selenginskiy Pulp and Board Mill in Selenginsk in the Republic of Buryatia, eastern Russia.

PPI Magazine

RUSAL 2010 net more than triples on aluminum prices

Thu, 31 Mar 2011 00:00:00 GMT

United Co. Rusal, the world's largest aluminum maker, more than tripled profit last year on higher sales volumes and a rise in the price of its products.

Bloomberg

Russia’s Glavstroy-SPb to launch 2 projects in St Pete in June–August

Fri, 18 Mar 2011 00:00:00 GMT

Russian construction company Glavstroy-SPb plans to launch two construction projects in St. Petersburg in June-August, Glavstroy-SPb's press office told PRIME-TASS Friday.

PRIME-TASS