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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09.10.2009 Large-scale exercise of rescuers begins in Russia's Far East
A large-scale exercise of rescuers has begun in the Russian Primorsky territory.

02.10.2009 Fire at Nakhodka shipyard localized
A fire that broke out at a shipyard in Nakhodka was localized; the fire spread threat was eliminated.

01.10.2009 Vladivostok has marked Tiger Day
Vladivostok has celebrated the Tiger Day for the tenth year running to raise awareness of conservation of the Ussuri Taiga and its animal species – Amur tiger and Far-Eastern leopard.

07.08.2009 Putin marks construction of new pipeline
Russian Prime Minister Vladimir Putin attended opening ceremonies Friday for construction of the first leg of a new natural gas pipeline in Russia's Far East.

15.07.2009 Russia plans disposal of 2 nuclear subs
Russia announced that it will have disposed of two nuclear submarines by the middle of 2010.

04.06.2009 APEC summit in Vladivostok is aimed on Far East development
Russian President Dmitry Medvedev is certain that the main aim of the preparation for the Asia-Pacific Economic Cooperation (APEC) forum’s summit that will be held in Vladivostok in 2012 is the development of the Russian Far East. “The aim is not only to surprise the foreign guests and create normal work conditions at the summit, but the development of Primorye, Vladivostok, so it is necessary to proceed from this,” the RF head of state said at a meeting with First Vice Prime Minister Igor Shuvalov and governor of the Primorsky Territory Sergei Darkin.

19.05.2009 New presidential envoy introduced to Russia’s Far East governors
First deputy chief of the Russian presidential administration Vladislav Surkov introduced new presidential plenipotentiary representative in the Far Eastern Federal District Viktor Ishayev to the governors of Russia’s Far East. “The Far East Federal District has the biggest territory among all other Russian federal districts. The foresaid district occupies one third of Russia’s territory,” Surkov said.

13.05.2009 Medvedev signs law on APEC's 2012 summit
Russian President Dmitry Medvedev signed into effect a law on organizing a planned 2012 summit of Asia-

Pacific Economic Cooperation (APEC) a forum of Pacific Rim countries.

29.04.2009 Siberian vets fight to save rare tiger hit by car
Vets are working to save the life of a Siberian tiger hit by a car in Russia's Far East, a regional conservationist group said on Tuesday.

29.04.2009 Russian warships arrive in Gulf of Aden for anti-piracy mission
A new task force from Russia's Pacific Fleet has joined operations against Somali piracy off the Horn of Africa, a fleet spokesman said on Monday.

11.03.2009 Hurricane moving from Pacific to Kurils, storm warning made
The Kuril Islands are going to be affected by a cyclone that is moving towards them from the Pacific Ocean. The cyclone will hit the islands ôå the afternoon, its maximal wind force is forecasted to reach 37 metres per second.

04.03.2009 U.S. Rabbi Leaves Amid Visa Inquiry
The chief rabbi of the Primorye region, a U.S. citizen, has left Russia of his own accord following a court ruling ordering him to be deported over visa violations.

04.03.2009 BP, Rosneft back out of Sakhalin-4
BP pulled out of exploration at a facility near Sakhalin Island in Russia when drilling failed to reveal natural resource reserves.

18.02.2009 Russia highly regards APEC summit in Far East
Giving the 2012 APEC summit in Vladivostok the highest possible level of quality is a matter of Russia's prestige, first deputy chairman of the United Russia political faction in the State Duma Vladimir Pekhtin told journalists.

12.02.2009 Indian delegation inspects Nerpa nuke submarine
An Indian delegation has visited the Vostok dockyard in Russia's Far East where K-152 Nerpa, Akula II class nuclear-powered attack submarine has been berthed since last year's fatal accident on board.

05.02.2009 Construction of gas pipeline in Primorye may begin this year
Construction of the main facilities for the Sakhalin-Khabarovsk-Vladivostok trunk gas pipeline in Primorye may begin in the first half of 2009, the territorial administration said.

29.01.2009  The Governor of the region Sergei Darkin went on a working trip on the region
He plans to visit the village Noviy in the Nadezhdinsk area and Arsenevskiy urban district.

In the Noviy village Governor will award certificates to the participants of regional housing program "Social development of the village until 2012." Housing conditions will be improved by 58 specialists of demanded in rural areas specialties and their families.

14.01.2009 Russia will reduce tariffs on foreign cars after WTO accession
Russia has temporarily increased the duties on imports of foreign cars to 30% of the customs value, after joining the World Trade Organization rates will again be lowered to 25%, said Director of the Information Bureau on Russia's WTO accession Alexei PORTANSKY.

13.01.2009 The regional budget allocated more than 500 million roubles for the preparation of the roads of Primorye to the APEC summit in 2008
The money had been sent to the construction and design of road facilities of Primorye.

13.01.2009 Far Eastern companies were recommended to catch more than 3 million tons of fish
The forecast of possible catches in the Far Eastern basin

26.12.2008 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.

28.11.2008 Russia to partake in joint naval exercises with Indian Navy
A task force from Russia's Pacific Fleet will leave its main base in Vladivostok on December 9 to take part in joint naval exercises with the Indian navy in the Indian Ocean, a fleet spokesman said.

21.11.2008 Russia, India to hold joint naval drills in January
Russia and India will conduct joint naval exercises in the Indian Ocean in January, a spokesman for Russia's Pacific Fleet said Thursday.

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.

 
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