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News: Nizhny Novgorod

$picSrc 24 Jul '08 | Industry, manufacturing
Mordovia’s Sarmich in $51.5m cheese go
Mordovia’s Sarmich has unveiled plans to build a $51.5m cheese-making plant, the largest of its kind in the region.
$picSrc 24 Jul '08 | Finance, business
Complex-Oil for $337.8m vertical integration
Nizhny’s oil vendor Complex-Oil plans to spend $337.8m on the introduction of a VIOC management system between 2008 and 2012.
$picSrc 24 Jul '08 | Industry, manufacturing
Gals to build $21.4m heavy machinery center
Company Gals has announced plans to build a $21.4m agriculture and industry machinery exhibition and service center in Nizhny Novgorod.
$picSrc 23 Jul '08 | Finance, business; Real estate
FIA Bank to inject $1.7bn in new housing
FIA Bank has announced plans to spend $1.7bn on new housing in the Samara and Ulyanovsk Regions as 50-percent returns are expected.
$picSrc 23 Jul '08 | Industry, manufacturing
Severstal to build $64m metal plant in NN
Metallurgic giant Severstal announces $64.4m plans to build a rolled metal plant in Nizhny Novgorod, with GAZ likely to be the main customer.
$picSrc 23 Jul '08 | Energy, utilities
MRSK invests in power facilities in Nizhny
Nizhny Novgorod’s MRSK Center and Privolzhye has announced $16.7m plans to build the 110 kV Severnaya substation in Nizhny Novgorod.
$picSrc 23 Jul '08 | Finance, business; Industry, manufacturing
Novomirsky ore mining complex to auction, $4.3m start
The Nizhny Novgorod Region plans to auction 100 percent of stock of the Novomirsky ore mining and processing complex, the region’s largest.
$picSrc 22 Jul '08 | Transport, logistics
Russian Railways posts skyrocketing investment in Nizhny
In the first six months of this year Russian Railways augmented investment in Nizhny Novgorod to $60m, up 70 percent from the entire 2007.
$picSrc 22 Jul '08 | Finance, business
Gorodskoy Bank to float $4.8m worth of shares
Nizhny Novgorod’s commercial bank Gorodskoy Bank has registered a follow-on offering of its shares worth a total of $4.8m.
$picSrc 22 Jul '08 | Transport, logistics
Saratov Region and Moscow darn Saratov roads
The federal government has aided Saratov regional authorities to effect $129.3m worth of road repairs in 2008.
$picSrc 22 Jul '08 | Industry, manufacturing
Oriks: a little mayo and $32m worth of mushrooms
Samara-based mayonnaise and mushroom producer Oriks has announced $32m plans to build three mushroom factories in Samara.
$picSrc 21 Jul '08 | Finance, business
Kirov posts 30% surge in half-year foreign trade
The Kirov Region reports $557.2m worth of foreign trade in January-June 2008, a 30.6-percent increase from last year.
$picSrc 21 Jul '08 | Transport, logistics
$108.6m paved Nizhny regional roads in half-year
The Chief Office for Motor Road Maintenance of the Nizhny Novgorod Region spent $108.6m on road repairs between January and June.
$picSrc 21 Jul '08 | Finance, business
Moscow’s Cherkizovo to take over Samara poultry farms
Moscow-based agro-holding Cherkizovo Group has announced plans to buy four poultry farms from Samara’s agricultural company Ptitseprom.
$picSrc 18 Jul '08 | Finance, business
Motorostroitel-Finans makes $2.2m bond payment
Samara-based Motorostoitel-Finans, an SPV of motor manufacturer Motorostroitel, paid $2.2m yesterday to redeem the second 10% coupon of its second series bonds.
$picSrc 18 Jul '08 | Retail, FMCG
DIY Castorama bets $120m to build big in Niznhny
DIY-hypermarkets chain Castorama has announced plans to invest $120m on three new hypermarket stores in Nizhny Novgorod before 2011.
$picSrc 18 Jul '08 | Real estate
New legislation eyed in Nizhny’s development sector
The Nizhny Novgorod regional authorities are to come up soon with a number of important legislative initiatives that concern city development.
$picSrc 18 Jul '08 | Industry, manufacturing
Moscow-NN-Kirov JV in $430m Kirov cement plant plans
A JV between developers from Moscow and Nizhny Novgorod and a Kirov mining firm announce $430m plans to build a cement plant in Kirov region.
$picSrc 17 Jul '08 | Industry, manufacturing
GAZ plans on $26.4 RF tax rebate
GAZ Group is expecting to receive $26.4m worth of subsidies from the regional government to reimburse taxes paid by the company.
$picSrc 17 Jul '08 | Transport, logistics
Relocation of Nizhny's river port set
The earmark for the first phase of relocating the Nizhegorodsky River Port will cost $3.4m, port officials announced.
 

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