Economy of Russia

VEON Appoints Alexander Torbakhov as Beeline Russia CEO

Friday, April 3, 2020 - 6:30am

AMSTERDAM, April 3, 2020 /PRNewswire/ -- VEON Ltd. (NASDAQ: VEON) (Euronext Amsterdam: VEON), a leading global provider of connectivity and digital services, announces the appointment, effective from 6 April,of Alexander Torbakhov as Chief Executive Officer of Beeline Russia, VEON's operations in Russia.

Key Points: 
  • AMSTERDAM, April 3, 2020 /PRNewswire/ -- VEON Ltd. (NASDAQ: VEON) (Euronext Amsterdam: VEON), a leading global provider of connectivity and digital services, announces the appointment, effective from 6 April,of Alexander Torbakhov as Chief Executive Officer of Beeline Russia, VEON's operations in Russia.
  • Alexander has more than 25 years' experience, including most recently at X5 Retail Group and Sberbank, Russia's largest retailer and largest bank, respectively.
  • Alexander briefly led Beeline Russia's operations a decade ago.
  • His experience and leadership will be crucial as we continue to transform the operational and financial performance of Beeline Russia."

PhosAgro CEO Andrey Guryev Takes Part in Skolkovo Conference on Business Sustainability Scenarios During a Crisis

Thursday, April 2, 2020 - 11:41am

MOSCOW, April 2, 2020 /PRNewswire/ -- PhosAgro CEO Andrey Guryev took part in an online conference hosted by the Skolkovo business school on sustainability scenarios for large businesses during crisis situations.

Key Points: 
  • MOSCOW, April 2, 2020 /PRNewswire/ -- PhosAgro CEO Andrey Guryev took part in an online conference hosted by the Skolkovo business school on sustainability scenarios for large businesses during crisis situations.
  • "We are now, for the first time, in a new crisis that still needs to be acknowledged.
  • This is a crisis on a global scale; this is a versatile, multifaceted crisis that is happening to everyone at the same time.
  • These rather stringent measures are absolutely vital to stopping the spread of the virus," said Mr Guryev.

PhosAgro CEO Andrey Guryev Takes Part in Skolkovo Conference on Business Sustainability Scenarios During a Crisis

Thursday, April 2, 2020 - 11:30am

MOSCOW, April 2, 2020 /PRNewswire/ -- PhosAgro CEO Andrey Guryev took part in an online conference hosted by the Skolkovo business school on sustainability scenarios for large businesses during crisis situations.

Key Points: 
  • MOSCOW, April 2, 2020 /PRNewswire/ -- PhosAgro CEO Andrey Guryev took part in an online conference hosted by the Skolkovo business school on sustainability scenarios for large businesses during crisis situations.
  • "We are now, for the first time, in a new crisis that still needs to be acknowledged.
  • This is a crisis on a global scale; this is a versatile, multifaceted crisis that is happening to everyone at the same time.
  • These rather stringent measures are absolutely vital to stopping the spread of the virus," said Mr Guryev.

PhosAgro CEO Andrey Guryev Takes Part in Meeting of the Russian Union of Industrialists and Entrepreneurs Coordination Council to Combat Coronavirus

Monday, March 30, 2020 - 6:48pm

MOSCOW, March 30, 2020 /PRNewswire/ -- Andrey Guryev, CEO of PhosAgro and a member of the Bureau of the Management Board of the Russian Union of Industrialists and Entrepreneurs (RUIE), took part in a meeting of the RUIE Coordination Council on combating coronavirus (the "Council").

Key Points: 
  • MOSCOW, March 30, 2020 /PRNewswire/ -- Andrey Guryev, CEO of PhosAgro and a member of the Bureau of the Management Board of the Russian Union of Industrialists and Entrepreneurs (RUIE), took part in a meeting of the RUIE Coordination Council on combating coronavirus (the "Council").
  • Alexander Shokhin, Chairman of the Council and RUIE President, opened and led the discussion.
  • Andrey Guryev, Co-Chairman of the Coordination Council, Member of the Bureau of the RUIE Management Board, and President of the Russian Association of Fertilizer Producers (RAPU) spoke about the experience of organising measures to combat the spread of coronavirus at enterprises in single-industry towns.
  • Since 1 June 2016, the Company's GDRs have been included in the MSCI Russia and MSCI Emerging Markets indexes.

PhosAgro CEO Andrey Guryev Takes Part in Meeting of the Russian Union of Industrialists and Entrepreneurs Coordination Council to Combat Coronavirus

Monday, March 30, 2020 - 6:46pm

MOSCOW, March 30, 2020 /PRNewswire/ -- Andrey Guryev, CEO of PhosAgro and a member of the Bureau of the Management Board of the Russian Union of Industrialists and Entrepreneurs (RUIE), took part in a meeting of the RUIE Coordination Council on combating coronavirus (the "Council").

Key Points: 
  • MOSCOW, March 30, 2020 /PRNewswire/ -- Andrey Guryev, CEO of PhosAgro and a member of the Bureau of the Management Board of the Russian Union of Industrialists and Entrepreneurs (RUIE), took part in a meeting of the RUIE Coordination Council on combating coronavirus (the "Council").
  • Alexander Shokhin, Chairman of the Council and RUIE President, opened and led the discussion.
  • Andrey Guryev, Co-Chairman of the Coordination Council, Member of the Bureau of the RUIE Management Board, and President of the Russian Association of Fertilizer Producers (RAPU) spoke about the experience of organising measures to combat the spread of coronavirus at enterprises in single-industry towns.
  • Since 1 June 2016, the Company's GDRs have been included in the MSCI Russia and MSCI Emerging Markets indexes.

Sberbank: Sberbank holds Supervisory Board Meeting

Tuesday, March 17, 2020 - 8:02pm

March 17, 2020, Moscow- Sberbank has held a press conference dedicated to the results of a Supervisory Board meeting.

Key Points: 
  • March 17, 2020, Moscow- Sberbank has held a press conference dedicated to the results of a Supervisory Board meeting.
  • Ahead of the press conference he also participated in the online Supervisory Board meeting.
  • The Supervisory Board took a note of the Consolidated Financial Statements of Sberbank for the year 2019; Sberbank Group's risk report for 2019; Sberbank investor base and Sberbank investor perception study report in 2019 as well as an interim report on the operations of the Committee for Minority Shareholder Relations of Sberbank; the status of corporate culture development at Sberbank; and Sberbank ecosystem metrics.
  • The Supervisory Board viewed the proposals submitted by shareholders of Sberbank on the candidates to be elected to the Supervisory Board at the Annual General Meeting of Shareholders on 2019 results.

Sistema PJSFC:  Sistema launches start-up fund Sistema SmartTech

Thursday, February 27, 2020 - 8:01am

Moscow, 27 February 2020 - Sistema PJSFC ("Sistema" or "the Corporation") (LSE: SSA, MOEX: AFKS), a Russian publicly-traded diversified holding company, announces the launch of SistemaSmartTech ("Sistema SmartTech" or "the Fund"), a fund aimed at supporting early-stage and start-up companies from seed investment to Series A funding.

Key Points: 
  • Moscow, 27 February 2020 - Sistema PJSFC ("Sistema" or "the Corporation") (LSE: SSA, MOEX: AFKS), a Russian publicly-traded diversified holding company, announces the launch of SistemaSmartTech ("Sistema SmartTech" or "the Fund"), a fund aimed at supporting early-stage and start-up companies from seed investment to Series A funding.
  • In addition to Sistema, which shall act as an anchor investor, the Fund will also include third-party investors, a number of whom have already expressed an interest in participation.
  • Sistema SmartTech will have a total lifespan of eight years, with an investment period of five years.
  • Sistema SmartTech will join Sistema's family of funds, which also includes Sistema Venture Capital (investments in growth-stage high-tech companies), Sistema Asia Fund (investments in high-tech companies in India and Southeast Asia) and Rusnano Sistema SICAR (a joint fund of Sistema and Rusnano established in 2016 for investments in growth-stage tech companies with a focus on Smart City projects).

Gazprom on the Background of External & Internal Challenges - The Struggle for Gazprom Restructuring Expected to Revitalize in 2020 - ResearchAndMarkets.com

Monday, February 17, 2020 - 1:09pm

The "Gazprom on the Background of External and Internal Challenges" company profile has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Gazprom on the Background of External and Internal Challenges" company profile has been added to ResearchAndMarkets.com's offering.
  • The show titled The Future of Gas Transit through Ukraine continued throughout the whole year and ended with the signing of contracts just on December 31.
  • However, the struggle for Gazprom restructuring will revitalize in 2020.
  • Capital investments of Gazprom Group, investment program: from transportation to processing
    View source version on businesswire.com: https://www.businesswire.com/news/home/20200217005205/en/

PhosAgro Unveils Eco-Label for Russian Mineral Fertilizers at Green Week in Berlin

Tuesday, January 28, 2020 - 5:27pm

BERLIN, Jan. 28, 2020 /PRNewswire/ -- PhosAgro, one of the world's leading producers of phosphate-based fertilizers, presented its eco-label for Russian mineral fertilizers to participants and visitors to Russia's national exhibit at Green Week 2020, held in Berlin on 1726 January.

Key Points: 
  • BERLIN, Jan. 28, 2020 /PRNewswire/ -- PhosAgro, one of the world's leading producers of phosphate-based fertilizers, presented its eco-label for Russian mineral fertilizers to participants and visitors to Russia's national exhibit at Green Week 2020, held in Berlin on 1726 January.
  • The eco-label is a Russian mark of conformity with national standards for environmentally friendly mineral fertilizers.
  • Russia's new federal standard for environmentally friendly mineral fertilizers establishes more stringent requirements for mineral fertilizers than the EU regulations.
  • It is important to note that Russian methods for determining the heavy metal content of mineral fertilizers are aligned with those currently used in the EU.

PhosAgro Unveils Eco-Label for Russian Mineral Fertilizers at Green Week in Berlin

Tuesday, January 28, 2020 - 5:25pm

BERLIN, Jan. 28, 2020 /PRNewswire/ -- PhosAgro, one of the world's leading producers of phosphate-based fertilizers, presented its eco-label for Russian mineral fertilizers to participants and visitors to Russia's national exhibit at Green Week 2020, held in Berlin on 1726 January.

Key Points: 
  • BERLIN, Jan. 28, 2020 /PRNewswire/ -- PhosAgro, one of the world's leading producers of phosphate-based fertilizers, presented its eco-label for Russian mineral fertilizers to participants and visitors to Russia's national exhibit at Green Week 2020, held in Berlin on 1726 January.
  • The eco-label is a Russian mark of conformity with national standards for environmentally friendly mineral fertilizers.
  • Russia's new federal standard for environmentally friendly mineral fertilizers establishes more stringent requirements for mineral fertilizers than the EU regulations.
  • It is important to note that Russian methods for determining the heavy metal content of mineral fertilizers are aligned with those currently used in the EU.