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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20.11.2008 The border checkpoints of Primorye will be modernized by 2012
The capacity of ports will be significantly increased.

28.10.2008 6,5 thousand new jobs were created in Primorye
The specialists point the decrease of the unemployment level in Primorye.

20.10.2008 The charity children marathon was announced in Primorye
Children from the families requiring the state and public support will receive gifts.

20.10.2008 Primorye territory is ready for realization of the most daring projects
The former heads of the region that arrived on the 70th anniversary of the region consider so.

14.10.2008 The detachment of the Chinese Navy is arriving to Vladivostok today
The Chinese seamen will stay in the regional center till Friday

06.10.2008 Russian warships, submarines, aircraft participated in FE exercises
More than ten ships and submarines and also aircraft and marines of the Russian Pacific Fleet have participated in the strategic command and staff exercises Stability-2008.

16.09.2008 All comers can watch a football match between the movie stars and the team of governor of Primorye
The residents and guests of the region are invited to a football match where the combined team of governor Sergey Darkin and the combined team of actors – participants of the film festival “Pacific Meridian”.

16.09.2008 Additional means are allocated for the financing of the public health services
Additional 172 million roubles will be allocated from the federal budget for the financing of the regional program on the prevention and fight with the diseases of social character. The according bill was developed by the administration of Primorye and accepted by the legislative assembly in three readings.

01.09.2008 39 kilometers of gravel roads were repaired in Primorye
Over 70 million roubles were allocated for these aims from the regional budget.

28.08.2008 Russia starts naval exercise off Far East's Kamchatka
Russia's Pacific Fleet, Naval Aviation and coastal defense troops have launched a joint exercise off the Far East's Kamchatka Peninsula, a spokesman for the fleet said on Tuesday.

20.08.2008 WWF says walrus deaths in Russian Far East due to natural causes
The World Wildlife Fund said on Monday that over 800 walruses found dead 10 days ago by border officials in Russia's Far Eastern region of Chukotka probably died of natural causes

28.07.2008 Russian nuclear corp. plans 4GW plant in Far East
Russian state nuclear power corporation Rosatom plans to work with aluminum giant UC RusAl to build a 4GW nuclear plant and an aluminum factory in the Far East, a Rosatom subsidiary said on Saturday.

24.07.2008 The first international film summit “Eurasia” will be held in Vladivostok
The large-scale event will be held during the festival "Pacific Meridian"

23.07.2008 Gold factory launched in Russia's Far East
A gold factory with a design capacity of around 10 metric tons of gold was launched in the Russian Far East on Saturday, a local natural resources ministry official said.

21.07.2008 Governor Sergei Darkin: "The conditions for full recover are created for children from Sichuan"
The first group of children from the Sichuan province of China arrived yesterday to the airport of Vladivostok.

08.07.2008 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

04.07.2008 A protocol meeting of the head of Vladivostok Igor Pushkarev and the vice mayor of the Niigata city Wada Hiroo took place yesterday.
The issues of cultural and economic cooperation and the possibility of participation of Japanese companies in the construction of the APEC summit objects were discussed during the meeting. "Japan has a long experience in the conduction of major events of international level - noted Mr. Wada - and cities in which such activities are held get a great impetus for further development."

19.06.2008 Gold and silver medalists of Primorye will go to Kremlin to the graduation party
14 best graduates of Primorye are awarded with this high honour

29.05.2008 Gifted children of Primorye received well-deserved awards
All institutions of social protection of Primorye who took part in the exhibition "The fate of the Motherland is reflected in the family as in a mirror" received gifts.

23.05.2008 Russia and Japan hold consultations on environmental safety in Far East region
Russia and Japan are going to develop a programme of cooperation in environmental safety in the two country’s adjacent areas ahead of the G8 summit on Hokkaido due in July.

19.05.2008 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.

16.05.2008 Sergei Darkin: "It is our priority task to bring in order and improve all the territories of the region”
This governor said at a meeting with heads of municipalities of Primorye.

12.05.2008 Gazprom not to change partners in West Kamchatka offshore project
The possible change of ownership of the license to explore West Kamchatka offshore fields should not affect Rosneft's Korean partner KNOC, RBC Daily wrote today citing a source at Gazprom. Meanwhile, South Korea has already assigned $270m to bore two exploration wells in Kamchatka, and the Korean drilling rig Doo Sung is expected to arrive on the spot soon. It is presumed that the work on the second exploration well will not start until 2009.

07.05.2008 In June will be known who will built the bridge across the Golden Horn
The receiving of the applications for participation in the tender for construction has started.

29.04.2008 All forest fires put down in Russia’s Amur region and Primorsky territory
Four last fires in the forests in the Amur region and the Primorsky territory on an area of more than 500 hectares were put down on Sunday. For the first time from the beginning of the fire-prone season no forest fire was reported in Russia’s Far East, a source in the Far East regional emergencies center told Itar-Tass on Monday.

24.04.2008 The children from the poor families of Primorye will receive free trips to summer camps
23 million rubles are allocated from the federal budget for the organization of holidays for kids from poor families.

23.04.2008 Russia’s Pacific Fleet begins tactical exercise off Far East shores
Ships of Russia’s Pacific Fleet have begun a tactical exercise off the shores of the Primorye territory, the Fleet’s press service said.

16.04.2008 Primorye continues the construction of the international transport terminals
The work on the formatting and development of international transport terminals “Primorye-1” and “Primorye-2”is continued in the region.

16.04.2008 No bird flu danger in Primorye territory
There is no bird flu danger in the Primorye territory, first deputy head of the territorial emergency situations commission Oleg Melnikov told a Tuesday press conference in Vladivostok.

14.04.2008 Russia confirms bird flu outbreak
Russia's agriculture ministry confirmed a bird flu outbreak in a village in the far East region of Primorye which was quarantined after scores of chickens died.

14.04.2008 The airport of Vladivostok will be modernized
The project involves the increase of the regional center air gate’s capacity in twice.

11.04.2008 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.

11.04.2008 Citizens will participate in the formation of the statute of Vladivostok
Representatives of public organizations of the regional center will take part in the public hearings for changes in the Statute of the city of Vladivostok on the 16th of April.

10.04.2008 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.

10.04.2008 70 Roerich paintings will be brought to Vladivostok
An art exhibition “The Call of Beauty” timed to the 80th anniversary of the Central Asian expedition of the academician, artist and orientalist Nicholas ROERICH will take place in Vladivostok.

07.04.2008 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.

28.03.2008 Russia's Far East nature reserve celebrates its 30th anniversary
Russia's first and only maritime nature reserve, located in the waters of Peter the Great Bay in the Sea of Japan in Russia's Far East, marked its 30th anniversary on Monday.

07.03.2008 Siberian oil pipeline’s 2nd stage to build in 2009
The construction of the second stage of an oil pipeline being built from East Siberia to the Pacific Ocean could begin in the H2 of 2009, a project manager said on Wednesday.

07.03.2008 The conditions for effective development of coastal fish processing are being created
Additional sea ports where the vessels of Primorye can get the permission for repeated crossing of the state border are created in the region. This is the result of joint work of the administration of the region, the Frontier management of FSB of Russia on the Primorye territory and the Association of Fishing Enterprises of Primorye.

15.02.2008 V.Putin: «We shall hold APEC summit exactly in Vladivostok»
«APEC summit-2012 will take place exactly in Vladivostok», - once again confirmed president of RF Vladimir Putin at the big press-conference in Kremlin

15.02.2008 The fishermen from around the world will gather again in Primorye in September
The International Congress of Fishermen will be working in Vladivostok on the 3-5 of September.

14.02.2008 More than 1 trillion rubles will go to the development of the transport system of the Far East and Zabaikalye
Federal Center will send 1 trillion 199 billion rubles to the development of transport complex of the Far East and Zabaikalye in 2010-2015 Year.

12.02.2008 S.Darkin: It is necessary to solve the problem of high cost of flights to Moscow and Central Russia for inhabitants of the Far East
Governor of Primorye Territory Sergey Darkin took part in the meeting on social and economic development of the Far East under the chairmanship of the first vice-premier Dmitry Medvedev in Khabarovsk.

11.02.2008 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.

06.02.2008 The fishery of Primorye is taking turns
The catch of fish and seafood in Primorye increased by 6 per cent compared to the level of last year.

05.02.2008 Sistema Acquires Further 50.5% Stake in Dalcombank
Sistema (LSE:SSA), the largest public diversified corporation in Russia and the CIS, which manages fast growing companies operating in the consumer services sector, today announced that it has increased its stake in Dalcombank, a commercial bank based in the Far East of Russia, from 48.16% to 98.65%.

04.02.2008 Primorye to build up new cargo terminals
Five large cargo container terminals are planned to be built in Primorye to develop its transport sector and make the region a major international logistics center in the Pacific Rim, a statement from the regional administration reported Tuesday.

01.02.2008 New Russian supertanker on Pacific trip
A new supertanker built in South Korea for a Russian company has set off on its debut voyage to the Pacific Coast of the United States, a spokesman for a Russian shipping company said on Tuesday.

31.01.2008 The scheme of APEC summit objects sitting in Vladivostok is getting clear outlines
The business center will be placed on the Russian island in the Ajax bay area (the Balka peninsular)

29.01.2008 Far Eastern customs sum up year
In 2007, the total trade turnover through Russia’s Far Eastern Customs amounted to a total of $26.3 billion indicating a 62 percent growth as compared to 2006, a press statement from the Far Eastern Customs Department reported on Thursday.

29.01.2008 The school of art from Primorye was declared the best on the Far East.
Nine children schools of art of Primorye got the diplomas on the All-Russian contest of children’s art schools “Where the art is born”.

25.01.2008 Amurmetall to offer 3 bln ruble bond issue
The board of directors of Amurmetall, a steelmaker in Russia's Far East, decided Thursday to issue three-year bonds for 3 billion rubles, the company reported

25.01.2008 The freight turnover in the ports of Primorye is showing good temps of growth
The freight turnover of regional ports in 2007 has grown almost on 6 percents. Stable work of the ports of Primorye is providing the opportunities for a dynamic development of the industry and economy, noted in the transport department of Primorye Territory.

24.01.2008 Far East needs special attention, senators say
Russia's Federation Council is set to pay special attention to the federal program for the economic and social development of the Far East and Transbaikal region up to 2013.

23.01.2008 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.

22.01.2008 The application for creation of the SEZ in the port Vostochniy will be ready in May
The governor of Primorye Territory Sergey Darkin entrusted the preparation of the application on the creation of the special economic zone in the port Vostochniy to the administration of Primorye Territory and Nakhodka city circuit. The document must be presented to the government of RF till May 2008.

22.01.2008 Two families make migration program in Far East
Only two families have arrived to settle in the Khabarovsk region in the Far East of Russia under the program of voluntary resettlement of Russia’s compatriots residing in former CIS countries, officials announced at the meeting Thursday.

21.01.2008 6 billon roubles were sent on the modernization of Primorye’s energy system.
A final stage of the agreement signing between the Administration of Primorye Territory and RAO UES of Russia on the development of electro-energetic system of Primorye Territory and provision of safe power-supply of its consumers took place in the Administration of the region.

17.01.2008 'Extinct' raccoon dogs detected in Russia's Altai Mountains
Raccoon dogs thought extinct in the Altai Mountains since the early 1950s have been again detected in Russia's south Siberian Altai Republic, a source in the regional government said on Wednesday.

16.01.2008 The fishermen of primorye will be able to catch up to thousand tonnes of hunchback salmon and siberia salmon
The volumes of possble catch of pacific salmon are increased in Primorye in comparison with the last indexes. About 1000 tonnes of salmon is planned to be permitted for catch this year. the major part of it falls on the hunchback salmon - 900 tonnes, the rest on the siberian salmon (91,3 tonnes) and seema (18 tonnes).

27.12.2007 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 Chanukah Light Reaches Russian Far East Seaport
Russia - In Russia's easterly port city of Vladivostok, Jews faced the cold to attend a gathering to mark the Festival of Lights.

20.12.2007 Tigers Get More Protection in Russia´s Far East, Says WWF
Russian Government created a new national park that is habitat for the endangered Siberian tiger in the country´s Far Eastern region after six years of research and negotiation by World Wildlife Fund. Roughly the size of Rhode Island, Anyuiskii National Park--1562.5 square miles--is the largest of three protected areas established by the Russian government in 2007.

17.12.2007 Alliance Francais in Vladivostok
The Embassy of France has supported the creation project of the non-commercial public organization Alliance Francais in Vladivostok in order to assist the development of relations between Primorye Territory and France.

10.12.2007 A transport-logistic forum "Russian day" will take place in Shanghai
The director of the Far Eastern railway Mikhail Zaichenko as the head of the Public Corporation "Russian Railways" will take place in the International transport-logistic forum "Russian day" that will take place in Shanghai on the 10th of December, 2007.

04.12.2007 A utilization factory will be built in Vladivostok
Within the limits of the goal-oriented program "Waste products" the utilization factory of biological and medical wastes will be loaded.

02.12.2007 Parliamentary elections begin in Russia's Far East
Parliamentary elections have begun in Russia's Far East, amid tight security.

23.11.2007 FESCO received 5th container ship built in China
The Far Eastern Shipping Company (FESCO) has received a fifth container ship built at China's Jinling Shipyard.

23.11.2007  India to seek stake in Sakhalin projects
Petroleum and Natural Gas Minister Murli Deora will seek a ‘major stake’ for India in Sakhalin-IV and V oil fields off Russia’s Far East Coast and explore the possibility for setting up a huge petrochemical hub during his three-day visit to Russia from November 25.

22.11.2007 Russia to use new cosmodrome for manned launches from 2018
Russia will start manned launches from the new cosmodrome Vostochny in the Far East Amur Region from2018, Russian First Deputy Prime Minister Sergei Ivanov said on Wednesday.

21.11.2007 Foster-children of Primorye will treat their moms with cookies and cakes on the Mother’s Day
On the last Sunday of November Primorye together with all country will celebrate Mother’s Day. This holiday appeared in Russian calendar less than 10 years ago but is already becoming one of the most important in our families.

20.11.2007 Children of the world are protecting the Amur leopard
The exhibition of the children’s paintings from Germany is dedicated to the theme of leopard’s protection in Russia.
A press-conference “Children of the world are saving leopard” will take place on Wednesday at Vladivostok office of the WWF of Russia.

20.11.2007 Russia's diamond monopoly freezes Polyus Gold acquisition talks
Alrosa, Russia's largest diamond producer, has suspended talks on the acquisition of gold producer Polyus Gold, Russia's finance minister said on Friday.

19.11.2007 22 sailors rescued from ship that sank in Sea of Japan
Twenty-two sailors have been rescued from a freight ship that sank in the Sea of Japan on Sunday, a spokeswoman for Russia's regional emergencies department said.

16.11.2007 Toyota Tests Use of Trans-Siberian Rail to Ship Parts
Toyota Motor Corp. <7203> has tested the feasibility of using the Trans-Siberian Railway for freight by shipping precision-processed auto parts from the Pacific port of Vladivostok to Moscow, Jiji Press learned Thursday.

16.11.2007 The president of the public corporation "FEPCo" Victor Myasnik took part in the Global Energy congress "World Energy - 2007"
Director General of the PC "FEPCo" Victor Myasnik has visited 20th Global Energy exhibition-congress "World Energy - 2007" that is passing on November, 11-16 in Rome. The main theme of the congress is the future of energy in modern interdependent world.

15.11.2007 FE Shipping Co ends Chukotka-Arctic navigation of 2007
The Far East Shipping Company has ended the Chukotka-Arctic navigation of 2007. In the period from June to November the company delivered to Arctic areas 210,000 tonnes of general and bulk cargoes, including 126,200 tonnes of coal, the press centre of the shipping company told Itar-Tass.

15.11.2007 Mammoth hunters' camp site found in Russia's Far East
Archaeologists have found a 15,000 year-old hunters' camp site from the Paleolithic era near Lake Evoron in Russia's Far East, a source in the Khabarovsk archaeology museum said on Monday.

14.11.2007 An international educational week has begun in Vladivostok
An international educational week will pass in different countries of the world on October, 13-16.

13.11.2007 Fishermen of primorye are developing quotas successfully
The fishermen of Primorye are showing good results of the quotas development. The catch of water bioresources by the primorye fishery enterprises makes 556,6 thousand tons from the beginning of the year.

13.11.2007 Russia to build new space center in Far East - Roskosmos
Russia is to build a new space center in the Far East, but will continue to use Kazakhstan's Baikonur launch site until at least 2020, Roskosmos, Russia's space agency, said on Friday.

09.11.2007 The Chinese collector has gathered more than 600 badges with Lenin’s image
A small exhibition of the memorable medals and badges with Lenin’s images has opened in the Anqing city of the east Chinese province Anhui in honour of the October revolution anniversary.

09.11.2007 Portuguese fishermen rescued after week adrift in Atlantic
A Far Eastern Shipping Company spokesman said on Thursday, a container ship, registered in the port of Vladivostok, rescued three Portuguese fishermen who had been drifting for a week on the Atlantic Ocean.

30.10.2007 Japan, Russia agree to expand cargo routes
Mitsui & Co, Japan’s second biggest trading company, concluded in mid October a cooperation agreement with Russian Railways and Russkaya Troika to launch a Trans-Siberian freight service, a press statement from Russian Railways said.

30.10.2007  Russia begins military exercises
Russia's military Sunday started a week of large-scale exercises in fighting illegal militias and terrorist groups.

23.10.2007 Russia wants 'end' to Kurils dispute
Russia said Friday that it wants to resolve a dispute with Japan over the Kuril islands, which has prevented them signing a treaty to end World War II.

23.10.2007 Mayoral runoff held in Russia Far East’s Dalnegorsk
The second round of the mayoral elections is held in the Primorsky territorial city of Dalnegorsk on Sunday. The director of a mine belonging to the Dalpolymetall enterprise, Grigory Krutikov and businessman Alexander Terebilov qualified for the mayoral runoff. Grigory Krutikov polled 29.5% of the vote in the first round and Alexander Terebilov, who has already qualified for the runoff in 2006 together with killed candidate Dmitry Fotyanov, received 22.8% of the ballot this time.

20.10.2007 A colourful show of Korean fashion will take place in Vladivostok
A Korean fashion parade “The Charm of Korea” organized with the support of the Soviet of culture and art of Korea and the Far Eastern State University will take place on the 22nd of October in 3pm in the Grand Hall of FESU.

18.10.2007 Russia's Sistema ups Dalkombank stake to 48.2 pct
Russian services conglomerate Sistema said on Wednesday it has bought a further 28 percent of Dalkombank in Russia's Far East for $11.7 million, raising its stake in the bank to 48.2 percent.

18.10.2007 Plan of APEC-2012 summit business centre approved
Sergei Darkin, the governor of Russia’s Primorye Territory, endorsed on Tuesday the architectural plan of the business centre for the APEC-2012 summit, which is to be held in Vladivostok. It came off the drawing boards of the St. Petersburg-based Research and Design Institute for the Elaboration of Master Plans and Urban Development.

12.10.2007 Korean business circles will be acquainted with the investment projects of Primorye
The perspectives of the investment cooperation will be discussed at the 4th Russian-Korean committee of Far East and Siberia that will take place in Seoul on October, 12-13.

10.10.2007 A scientific expedition has set off to the Okhotsk Sea on board of “Akademic Lavrentyev” vessel
The scientists of FEBRAS Ilyichev Pacific oceanological institute and their foreign colleagues from Technology institute (Kitami, Japan) and the Institute of arctic research (Seoul, South Korea) has started the hydrophysical research in the Okhotsk Sea.

10.10.2007 Three North Korean fishermen rescued off Primorsky Territory
Three North Korean fishermen have been rescued off Russia\'s Primorsky (maritime) Territory (PT) in a rough sea by the crew of the Russian rescue boat Lazurit. On Tuesday morning the rescued fishermen were turned over to a border patrol boat for a subsequent dispatch home

09.10.2007 Five Firms Short-listed for Russian 3G Rollout
Russia's Megafon is reported to have short-listed five companies as suppliers for its US$1 billion 3G network rollout. Local tech publication, CNews names Alcatel-Lucent, Ericsson, NEC, Nokia-Siemens and Huawei as the five companies which have been invited to submit formal tenders.

09.10.2007 The governor supports the idea of “Healthy route” in Primorye
The governor of the region Sergey Darkin has met the representative of the Public house of Russian Federation Elmira Glubokovskaya. The question of the joint work of the executive bodies and the civil society in the improving of the health indexes of the Primorye residents.

08.10.2007  A vessel is in distress at the shores of China
A Chinese rescue vessel “Dongfang Jiu 111” will watch by the cargo vessel in distress “Aladdin Dream” and is ready to take the crew of the vessel on board if it starts to sink.

05.10.2007 RF, Kazakhstan work on agreements on gas transit via Central Asia
Russia and Kazakhstan are working on the agreements on gas transit via Central Asia, Russian Industry and Energy Minister Viktor Khristenko said.

04.10.2007 Scientific and practical conference “Sea ecology 2007” will be opened on Wednesday
The main goal of the meeting is the generalization of the experience in the solving the problems of coastal-sea environment protection and preservation.

03.10.2007 V. Putin has relieved K. Iskhakov from the post of plenipotentiary
The president of Russian federation Vladimir Putin has made personnel changes in the direction of the Far Eastern federal region, informed the Kremlin press-service.

03.10.2007 First floating nuclear power plant to come into service in 2011
The world's first floating nuclear power plant will be commissioned in 2011 in Russia's Arctic, the governor of the Arkhangelsk Region said Thursday.

 
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