News from Russia
Russia has decided to ban old trucks and buses
Ministry of Industry and Trade has prepared the amendments to the law “On the Road Safety” which provide operating limits of cars.
Russia will supply Superjet to Laos and Indonesia
Russia has dealt with Laos on the delivery of three airplanes Sukhoi Superjet 100 (SSJ-100). Indonesia will gain other ten.
Ericsson will build for MTS the nets for 1.5 billion dollars
Mobile operator MTS and Swedish company Ericsson signed an addendum to the existing contract on the expansion and modernization of communication networks of the operator.
VTB Capital will purchase Roberto Cavalli for half a billion Euros
The Russia investment company VTB Capital plans to buy a 60% share of the Italian fashion house Roberto Cavalli.
Analytics predicted a growth of GDO of Russia despite of the expansion of sanction
The expansion of EU and US sanctions as well as the tightening of monetary policy by the Central Bank did not change the prospects for economic growth in Russia in 2014.
Ministry of Industry and Trade has refused to ban government purchases of foreign medical equipment
Minpromtorg has reconsidered the draft of the decree about the ban of foreign medical equipment for the government purchases.
Putin signed a law on the establishment of a gambling zone in the Crimea
The Russian President Vladimir Putin signed the law on the establishment of gambling zones in Crimea and Kuban. The document was published on the official website of legal information. The law was approved by the Council of Federation on 9 July and Duma – on 4 July.
The Russian agricultural holding will store up hide for Audi and Mercedes
One of the biggest manufacturers of meet in Russia the agricultural holding Miratorg plans to build a plant for the processing of cattle hides to 2015 and start to sell it for a Danish company that produces leather cabins for BMW, Audi and Mercedes.
Foreign investors will be permitted to special contracts in Russia

Foreign investors will have equal conditions with Russian ones in gaining special investment contracts in localization of production in Russia.

Visa and MasterCard were enabled to work without contributions

Rates of contributions for the international payment systems Visa and MasterCard will be reset if they find the Russian partners.

Austria expressed its support for the South Stream

Austria insists on the construction of the South Stream pipeline despite the aggravation of the situation in Ukraine.

Anniversary exhibition “Metalloobrabotka-2014” is being held in Expocentre

The largest international exhibition of the industry “Metalloobrabotka-2014” opened in Expocentre on Krasnaya Presnya.

Lipetsk farmers will receive grants to develop their lands

Certificates for grants will be awarded to 30 budding farmers and 8 owners of family livestock farms in Lipetsk Region at the solemn event which will be held on Wednesday and will be dedicated to the All-Russian Farmer Day, was reported to RIA-Novosti by representative of the press service of the regional administration.

The Russian Federation and Bangladesh signed a contract for preparation for the nuclear power plant construction

Russia and Bangladesh signed the third main contract of the preparatory period for the construction of the first Bangladesh nuclear power plant “Ruppur”, the Head of Rosatom, Sergey Kirienko, reported.

Simferopol Airport will be open for international flights

Simferopol Airport will be opened for international flights. This order was signed by the Russian Prime Minister Dmitry Medvedev.

The Russian Federation and the Democratic People's Republic of Korea decided to develop railway communications with South Korea

On Thursday, Russia and North Korea agreed about realization of tripartite projects with participation of South Korea. This will let to normalize the situation on the Korean Peninsula.

Russia and China will create a joint rating agency

Russia and China agreed to create a rating agency for assessment of joint projects; afterwards, with an increase of authority and weight it will be able to provide services for other countries, the Minister of Financial of the Russian Federation, Anton Siluanov, said to journalists.

Vladimir Putin, Nursultan Nazarbayev and Alexander Lukashenko signed Agreement on the Eurasian Economic Union in Astana.

Vladimir Putin, Nursultan Nazarbayev and Alexander Lukashenko signed Agreement on the Eurasian Economic Union in Astana.

The Chinese will invest five billion dollars in the power grid of Siberia

Several Chinese banks may invest up to five billion dollars in the power grid complex of Siberian regions.

American pharmacists proposed to move production to Russia

American pharmaceutical holding company Baxter proposed to place its production in the territory of Russia.

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Company news

Summing up of the business mission of the Italian company Cioccolateria Beppiani to Moscow
The meetings between the Italian manufacturer of chocolate products Cioccolateria Beppiani and top-management of interested Russian companies were held on 28 October. During the negotiations a possible partnership was discussed.

On October 23 the Russian-Polish business lunch was held at InterCHARM 2015
On 23 October 2015 the Trade and Investment Promotion section of the Embassy of the Republic of Poland in the Russian Federation initiated bilateral meetings of Russian and Polish companies in business lunch format.

Summing up of the business mission of the Italian company StudioTre Contract to Russia
The meetings between the Italian company StudioTre Contract and top-management of interested Russian companies were held from 15 to 19 October. During the negotiations a possible partnership was discussed.

News from Russia

The American cookie king developing a monopoly in Moscow’s cafes
American entrepreneur Karl Swanson is defying the economic downturn and food sanctions over Russia’s involvement in the Ukrainian conflict by rapidly growing his cookie business in conjunction with Moscow’s leading coffee shops.

Ford to assemble trucks in Russia
The Avtotor plant in the Russian exclave of Kaliningrad is about to begin assembling Ford trucks. The vehicles will be adapted specifically for the Russian market and comply with European safety standards.

Virgin Atlantic considers expanding to Moscow - Branson
Virgin Atlantic wants to take over the London-Moscow route from EasyJet, according to founder Richard Branson in an interview with the Sputnik news agency.

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