DV Times, Economic and investment news and reviews from the Far East of Russia, Vladivostok, Khabarovsk, Primorye, Magadan, Sakhalin
Economic and investment news and reviews from the Far East of Russia
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05.04.2010, 03:33    Ishaev recommended governors of the Far East to take cue from Singapore
The Deputy of the Presidential Plenipotentiary in the Far Eastern Federal District of Russia Alexander Levintal met with the Ambassador of the Republic of Singapore in the Russian Federation Mr. Simon de Cruz.

10.08.2009, 02:58    Investment in the economy of Primorye grew more than twice
Despite the crisis, investments in the regional economy grow

08.06.2009, 09:04    Israel, Russia to ally on nanotech
Israel and Russia will be collaborating on the cutting-edge science of nanotechnology, which is the science of controlling matter at molecular or even atomic levels.

07.05.2009, 08:54    Japanese companies to cooperate on wind farm project on Russky Island
Russian hydrogenerating company RusHydro is planning to sign a memorandum on cooperation with Japan's Mitsui and J-Power on May 11-12 as part of a project to build wind plants on Russky Island off Vladivostok, acting RusHydro CEO Vasily

Zubakin said.

16.03.2009, 06:37    Vladimir Putin confirmed Vladivostok as the place for the APEC summit conduction
The amount of financial assistance to the region will grow by 300 billion rubles.

20.02.2009, 08:58    Medvedev Opens LNG Plant on Sakhalin
Sakhalin Island — Russia’s first plant to supply natural gas by tanker opened Wednesday on Sakhalin Island, marking the country’s foray into a new market both by product and location.

09.02.2009, 07:23    The gambling zone of Primorye will be located on the shores of the Muravyinaya bay
Casino, hotels, shopping areas, restaurants, cafes, concert halls, swimming pools and fitness centers will be placed there

26.12.2008, 07:17    Dalsvyaz to boost 2009 investment program 21%
Dalsvyaz, the incumbent telecom operator in Russia's Far East, plans to increase its investment program for 2009 by 21.4% to 3.4 billion rubles, company General Director Anton Kolpakov said.

08.12.2008, 08:47    Gazprom approves investment program for 2009
Gazprom's executive board has approved an investment program worth RUB 920.44bn for 2009, the Russian gas monopoly said in a statement today. Specifically, Gazprom's capital investment is to amount to RUB 699.88bn, and long-term financial investment to RUB 220.56bn. According to the draft program for cost optimization for 2009, also approved by the board, the effect from the program's implementation is expected to reach RUB 11.3bn.

02.12.2008, 04:05    The protocol on cooperation between Primorye Territory and DPRK was signed
The protocol of the 5th meeting of a bilateral working group on trade and economic cooperation of Primorye Territory and the DPRK signed today in the administration of the region.

25.11.2008, 08:03    The governor of Primorye took part in the APEC summit
Sergei Darkin was a member of the official Russian delegation.

24.10.2008, 08:48    More than 1,5 billion roubles were directed on the modernization of Primorye power grid this year
The implementation of agreements on improving the reliability of electricity was discussed at a meeting with Governor Sergei Darkin.

10.10.2008, 06:51    The foreigners will help to create the Primorye’s megalopolis
Primorye will cooperate with the south-Korean Pohang

30.09.2008, 03:21    The residents of Primorye will receive subsidies to pay for housing and communal services
1,7 billion roubles are envisaged in the regional budget for that purpose.

25.09.2008, 06:18    The large-scale investment projects will be realized in the timber industry of Primorye
Three regional timber enterprises were included into the list of the priority state projects.

16.09.2008, 08:47    Medvedev Looks To Asia Amid Russia-West Tension
Russian President Dmitry Medvedev said Friday that Moscow would pursue economic cooperation with Asia amid growing tensions between Russia and the West over the conflict in Georgia.

04.09.2008, 09:10    Pacific Future Fishery fair opens in Vladivostok Wed
A Pacific Future Fishery-2008 exhibition and fair opened here on Wednesday as the first event of an International Congress of Fishermen.

29.08.2008, 06:03    7 days till the International Fishermen congress
More than 350 people from 16 foreign countries registered themselves for the participation in the fishery forum.

29.08.2008, 00:59    The governor Sergey Darkin: “The modern speed electric train will make the cities of Primorye nearer”
The new modern electric train that is able to overcome the distance from Vladivostok to Ussuriisk in an hour has arrived to the Vladivostok department of the Far Eastern railways.

24.07.2008, 06:16    End products will be exported from Primorye instead of timber
This would reduce the size of areas being cut down.

22.07.2008, 07:53    Stable growth of housing construction is noted in Primorye
146,4 thousand square meters of housing were put into operation in the region for the last 6 months.

15.07.2008, 09:10    The leaders of tourist industry will be known in September
The applications on participation in the “Leaders of Tourist industry of Primorye 2008” contest are being accepted.

08.07.2008, 07:56    The prospects of energy cooperation between Russia and APR countries will be discussed in Primorye
One of the themes of the upcoming forum is the energy potential of the Russian Far East

03.07.2008, 09:09    Topics of the International Fishermen Congress have been determined
The development of infrastructure, logistics, innovation and investment issues of the fishing industry will be discussed at the round tables of the Congress.

30.06.2008, 05:16    Top students of Primorye will receive the Governor's Scholarship
Appreciable financials incetives will receive 1100 honours students by the outcome of summer exams.

23.06.2008, 03:21    The governor of Primorye has questions to the power engineering specialists
Sergei Darkin is going to inspect the generating capacities.

30.05.2008, 03:16    Primorye Territory is preparing to the Second Pacific Economic Congress
The additional panel discussion - "Effective financial capital market - the development of infrastructure business projects in the Far East of Russia" will be included in the program of the second Pacific Economic Congress, which will run in Vladivostok in July 26-27.

28.05.2008, 08:02    The applications for participation in the work of the second Pacific Economic Congress are being accepted
It will be held under the motto "Russia and the countries of the Asia-Pacific - from cooperation to integration".

22.05.2008, 07:45    Primorye Territory and the Republic of India intend to expand cooperation
First Vice-Governor of the region Sergei Sopchuk met with Indian Ambassador.

19.05.2008, 09:05    Sakhalin, Netherlands happy with cooperation
In 2007, Dutch companies invested $3.3 billion into intensely developing oil and gas projects of Sakhalin Island, thus expanding the overall investment of the Netherlands to $17.5 billion, Sakhalin’s administration recently reported.

19.05.2008, 03:21    Russia's FESCO plans $767 mln share issue for buys
FESCO Group , Russia's top container shipping firm, said on Thursday it had approved a share issue worth $767 million to fund acquisitions as it seeks to expand its presence in Russia's key foreign trade gateways.

04.05.2008, 09:30    India bags stake in Russia`s Sakhalin III
At a time when it is getting tougher to get rights to oil blocks overseas, India has managed to secure a commitment for a 23 per cent stake in Russia's Sakhalin III project located in the Russian far east.

23.04.2008, 08:40    The poultry farms of Primorye are modernizing production
The national project "The development of agro-industrial complex" is in action.

11.04.2008, 07:18    Gazprom Meets To Develop Far East
The Headquarters of Gazprom hosted a meeting on issues related to design work arrangement for the Company's major projects. The meeting was headed by Yaroslav Golko, Member of the Company's Management Committee, Head of the Investment & Construction Department.

10.04.2008, 09:33    Mitsui proposes ammonia, methanol production on Sakhalin
Japan's Mitsui & Co., Ltd. put forward a proposal on Wednesday to convert natural gas to ammonia and methanol on Russia's Far East island of Sakhalin.

07.04.2008, 09:04    The second Pacific Economic Congress will be held in Vladivostok in July
The Governor of Primorye Territory Sergei Darkin has signed the decree to hold in July of this year the Second Pacific Economic Congress in Vladivostok, reported in the press-service of the regional administration.

03.04.2008, 05:46    China to continuously promote strategic partnership with Russia
Chinese Foreign Minister on Friday stressed China's readiness to continuously promote the strategic partnership with Russia during 2008.

24.03.2008, 15:16    Rosneft to build refinery near Nakhodka port in Far East
Russia's Rosneft has decided to construct an oil refinery near the Far Eastern port of Nakhodka, the state-run oil company's head said on Friday.

24.03.2008, 08:23    Rosneft ready to drill Sakhalin-3 exploration wells
Rosneft has completed preparations for drilling at the Veninsky block in the Sakhalin-3 contract territory, Rosneft President Sergei Bogdanchikov said at a press conference in Yuzhno-Sakhalinsk on Friday.

21.03.2008, 07:28    Fish-processing companies of Primorye will receive financial support
This year 20,7 million rubles are budgeted for the development of fish-processing.

14.03.2008, 07:31    Russia to present $46bln projects at Cannes investment forum
Russia will present projects worth over 30 billion euros ($46 billion) at Europe's major property investment forum in the French resort city of Cannes, the Russian economics minister said on Tuesday.

06.03.2008, 01:40    Japan shows interest in the ports of Nakhodka
Japanese Companies are exploring the possibility of supply of components for their plants in Russia through seaports of Nakhodka.

14.02.2008, 07:27    ONGC keen on stake in Russian Sakhalin-III
Oil and Natural Gas Corporation (ONGC) is keen on taking a stake in Russia's Sakhalin-III and other oil and gas projects in eastern Siberia while Russia's Rosneft is considering investing in the Indian PSU's LNG plant at Mangalore.

11.02.2008, 07:06    The volumes of a number of objects financing within the limits of Vladivostok preparation for the APEC Forum will be considered in Moscow
The co-financing of number of social sphere and city’s life-support objects construction within the limits of Vladivostok’s preparation for the APEC Forum will be carried out from the budget of the city. It was said at the regular session of working group on realization of investment projects of a forum which was lead by the assistant of the head of city administration Igor Barannik.

04.02.2008, 07:03    The business circles of Japan took an interest in the project development of Primorye Territory
The bilateral cooperation will assist the fastest development of trade relations between Japan and Russia and the increase of the investment flow from Japan side.

23.01.2008, 07:09    Primorye and the Republic of Korea are ready to broaden the economic connections
The governor of Primorye territory Sergey Dar’kin has met the consul general of Republic of Korea in Vladivostok Mr. Kim Mu Yon. This is the first meeting of the governor with the consul entering upon his duties in the middle of December 2007.

10.01.2008, 09:17    VTB obtains a license to open its branch in China
On 28 December 2007, VTB Bank became the first bank in Russia to get the banking license in the People’s Republic of China. VTB Branch in Shanghai is to be opened in January 2008.

10.01.2008, 09:01    Russia enters 2008 at geopolitical highpoint
A private U.S. intelligence agency, Stratfor, said Russia is now more powerful than it has been since the fall of Communism.

27.12.2007, 09:20    Russia's eastern deposits to supply 207 bln cu m of gas by 2030
Russia's deposits in east Siberia and the Far East are expected to produce and supply 207 billion cubic meters of gas by 2030, a Gazprom official said on Wednesday.

20.12.2007, 15:09    Russian Railways Plans $100 Million Terminal in North Korea
Public Corporation Russian Railways plans to build a $100 million container terminal in North Korea as the world's largest rail company tries to create a land transport corridor linking Asia to Europe.

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