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News: Rostov-on-Don

$picSrc 16 May '08 | Materials & extraction
LUKoil to spend $2bn on southern operations in 2008
Russian oil giant LUKoil will invest some $2bn into its operations in Russia's south in 2008, the firm's president, Vagic Alekprerov, said today.
$picSrc 16 May '08 | Industry & manufacturing
Donsky Tabac posts 16.7% rise in 2007 profits
2007 net income at Rostov-based tobacco manufacturer Donskoy Tabac totaled $7m, up 16.7% on 2006, says the company's annual report.
$picSrc 16 May '08 | Energy & utilities
Gazprom plans $25m Volgagrad upgrade
Gazprom is reportedly planning to spend $25M this year in the Volgagrad region
$picSrc 15 May '08 | Transportation & logistics; Real estate
Agreement 'close' on Rostov port relocation plan
The administration in Rostov says agreement is close on plans to rebuild the Rostov Port in the Zarechnaya industrial zone, though officials tell Marchmont costs are as yet undisclosed.
$picSrc 13 May '08 | Finance & business
Agrocom borrows $4.4m
Rostov-based food manufacturer Agrocom Group has announced it has taken out a $4.4m loan from Moscow-based MDM-Bank, Interfax reports.
$picSrc 13 May '08 | Tourism & recreation
Governor unveils $4.5bn tourist resort plan
A $4.5bn tourist and recreation zone is to be set up in Astrakhan, the city's governor today announced during a trip to Abu Dhabi.
$picSrc 08 May '08 | Retail & FMCG
Aqua-Don plans new $6m mineral water plant
Drinking water manufacturer Aqua-Don has announced $5m plans to build a new mineral water factory, Interfax reports.
$picSrc 07 May '08 | Industry & manufacturing
Pobedit 2008 Q1 sales up 37.8%
First quarter results from Vladikavkaz-based metallurgy firm Pobedit show sales totaled $10.7m, up 37.8% on 2007.
$picSrc 07 May '08 | Materials & extraction
Donugol announces $10.5m mine development
Coal firm Donugol plans to invest $10.5m developing its Sherlovskaya-Naklonnaya mine in Rostov region, Interfax reports.
$picSrc 06 May '08 | Industry & manufacturing
Rostselmash 2008 Q1 net profit up 48.6 times
2008 Q1 net profit at agricultural vehicles firm Rostselmash totals 48.6 times up on last year; meanwhile its board recommend paying 2007 dividends.
$picSrc 06 May '08 | Finance & business
Centr-Invest announces $67m package for small firms
Rostov bank Centr-Invest has opened a $67m credit line from the Russian Development Bank to finance small local business.
$picSrc 05 May '08 | Real estate
Rostov officials announce 304 hectare sell-off
Rostov-on-Don regional authorities say they are to auction off 304 hectares of land for developers to build city housing.
$picSrc 02 May '08 | Energy & utilities
UGK-TGK posts 2008 Q1 net profit up 9%
Results released by energy firm UGK-TGK-8 show 2008 first quarter net profit rose up 9% on the first quarter of 2006, totaling $22.97m.
$picSrc 01 May '08 | Industry & manufacturing
Rostvertol dividend pay rate up ten-fold
Rostov-based helicopter maker Rostvertol has recommended that its shareholders pay 2007 dividends at 0.1 rubles per share, up from 0.01 rubles last year.
$picSrc 01 May '08 | Finance & business; Industry & manufacturing
Stroyfarfor shareholder seeks total control
The controlling shareholder in Rostov building materials firm Stroyfarfor moves to buy the firm's remaining shares to win total control.
$picSrc 29 Apr '08 | Industry & manufacturing
Brick maker Lemax invests $11m in production facilities.
Building material manufacturer Lemax plans to finish its $11m reconstruction projects at its ceramic brick and gas equipment manufacturing factories in 2008
$picSrc 29 Apr '08 | Finance & business
Centr-Invest Bank plans $20m ERDB loan
Rostov-based Centr-Invest bank plans to get a 10-year, $20m subordinate loan from the EBRD
$picSrc 28 Apr '08 | Energy & utilities
TGK-8 is to invest $1m in Vologodonsk reconstruction
TGK-8 plans to invest $1m in the reconstruction of the Vologodonsk thermal power station #2.
$picSrc 25 Apr '08 | Real estate
MEGAPOLIS energy to invest $51m in Rostov resort projects
MEGAPOLIS Group, a fuel and energy company, plans to invest around $51m in several real estate projects to be implemented in the South Federal District.
$picSrc 23 Apr '08 | Real estate; Industry & manufacturing
Inteko announces $120m plan to restructure KKPD
Russian construction giant Inteko announces a $120m package to restructure its panel-building subsidiary, KKPD, Interfax report.s
 
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