DVTimes.org | Economics

Ssangyong inks export deal

Thu, 17 Jun 2010 12:15:00 +0200

South Korea's Ssangyong Motor said on Tuesday it had agreed to supply Russian carmaker Sollers about 160,000 cars in a knock-down export deal through 2017.

Ishaev recommended governors of the Far East to take cue from Singapore

Mon, 05 Apr 2010 03:33:00 +0200

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.

Far Eastern Island to Become Special Economic Zone

Thu, 01 Apr 2010 08:32:00 +0200

The impoverished Russky island in the Far East will be developed as a special economic zone to promote tourism after it hosts the 2012 Asia-Pacific Economic Cooperation summit, Prime Minister Vladimir Putin said Wednesday.

Commercial Port of Vladivostok to ship grains in containers and big bags

Thu, 01 Apr 2010 08:13:00 +0200

Commercial Port of Vladivostok plans to start grain transshipment in containers and big bags (soft containers), declared Sergey Lopunov, the operational director of JSC Commercial Port of Vladivostok.

Investment in the economy of Primorye grew more than twice

Mon, 10 Aug 2009 02:58:00 +0200

Despite the crisis, investments in the regional economy grow

Putin marks construction of new pipeline

Fri, 07 Aug 2009 01:46:00 +0200

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.

Fishermen of Primorye caught out more than 330 thousand tons of water bio resources

Mon, 08 Jun 2009 08:09:00 +0200

This is 10 percent more than last year's level.

APEC summit in Vladivostok is aimed on Far East development

Thu, 04 Jun 2009 07:37:00 +0200

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.

China embarked on an oil pipeline "Eastern Siberia - Pacific Ocean"

Tue, 19 May 2009 05:37:00 +0200

Construction of ESPO branch started in the border city Mohe.

Medvedev signs law on APEC's 2012 summit

Wed, 13 May 2009 09:03:00 +0200

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.

Japan sending another $40 million to Russia for sub dismantlement

Thu, 07 May 2009 08:15:00 +0200

Japan is to allocate Russia an extra 4 billion yen ($40 million) to dismantle decommissioned Russian nuclear submarines in the Far East, Japanese media reported on Tuesday.

Korea Gas Seeks to Join Sakhalin-Vladivostok Pipeline Project

Wed, 18 Mar 2009 06:34:00 +0100

Korea Gas Corp., the world�s biggest buyer of liquefied natural gas, is seeking to take part in a Russian pipeline project to connect fields at Sakhalin with the port of Vladivostok near the North Korean frontier.

BP, Rosneft back out of Sakhalin-4

Wed, 04 Mar 2009 06:38:00 +0100

BP pulled out of exploration at a facility near Sakhalin Island in Russia when drilling failed to reveal natural resource reserves.

Russian governor plans second Far East LNG plant

Thu, 26 Feb 2009 09:00:00 +0100

Russia plans to build a second Far East liquefied natural gas plant in the next few years, a regional governor said on Wednesday, a week after it launched the Sakhalin-2 project to supply Asian markets. Primorye Governor Sergei Darkin said the plant would be among the largest in the Asia-Pacific region, although the details of the project were still being worked out.

Medvedev Opens LNG Plant on Sakhalin

Fri, 20 Feb 2009 08:58:00 +0100

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.

Russia highly regards APEC summit in Far East

Wed, 18 Feb 2009 09:12:00 +0100

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.

Japanese airlines go bankrupt

Mon, 09 Feb 2009 07:38:00 +0100

Japan Airlines will receive a net loss for 2008 fiscal year, which ends in Japan on March 31, 2009, in the amount of 34 billion yen (377 million dollars)

The gambling zone of Primorye will be located on the shores of the Muravyinaya bay

Mon, 09 Feb 2009 07:23:00 +0100

Casino, hotels, shopping areas, restaurants, cafes, concert halls, swimming pools and fitness centers will be placed there

Construction of gas pipeline in Primorye may begin this year

Thu, 05 Feb 2009 08:41:00 +0100

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.

Fishermen from around will once again gather In Primorye

Wed, 04 Feb 2009 02:05:00 +0100

On September 8-10 an International Fishermen congress and international fisheries exhibition will take place in Vladivostok.

Fishermen of Primorye will get 15 million roubles

Tue, 03 Feb 2009 09:21:00 +0100

A decree on the support of fishing industry was signed in the region.

PMP boosts cargo shipping by 2% in 2008

Thu, 29 Jan 2009 03:35:00 +0100

OJSC Primorsk Shipping (PMP) (RTS:PRIM), part of the PRISCO Corporation, boosted liquid cargo transport by 2% to 14.433 million tonnes in 2008.

Shipbuilders of Primorie don�t stand up to Chinese competition

Fri, 16 Jan 2009 02:43:00 +0100

Parliamentarians of the region will consider the issue on providing them with tax breaks

Vladivostok customs reports slight decrease in car imports

Thu, 15 Jan 2009 09:05:00 +0100

Car imports to Russia through the far eastern port of Vladivostok have decreased only slightly, customs officials said.

Far Eastern companies were recommended to catch more than 3 million tons of fish

Tue, 13 Jan 2009 05:33:00 +0100

The forecast of possible catches in the Far Eastern basin

China bans diet drug, says it can harm heart

Sun, 11 Jan 2009 04:39:00 +0100

Japanese Foreign Minister Hirofumi Nakasone met Thai counterpart Kasit Piromya on Saturday for brief but wide-ranging talks that dealt with the recent closure of Bangkok\\\'s airports by protesters.

Dalsvyaz to boost 2009 investment program 21%

Fri, 26 Dec 2008 07:17:00 +0100

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.

Primorye is not threatened by financial crisis

Fri, 12 Dec 2008 01:06:00 +0100

The measures to counter the financial crisis were taken in Primorye. The Action Plan designed to improve the situation in the financial sector and economy was approved by the Governor Sergei Darkin, informed in the press service of the regional administration.

Gazprom approves investment program for 2009

Mon, 08 Dec 2008 08:47:00 +0100

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.

Primorye will drink its milk

Fri, 05 Dec 2008 02:58:00 +0100

The dairy market of Primorye is replenished with the milk of local production.

Fishermen of Primorye increased the production of bio

Tue, 25 Nov 2008 08:53:00 +0100

592 thousand tons of water bio-recourses were obtained by fishery enterprises of Primorye from the beginning of the year.

South Korea launches tanker for Russian Far East shipping company

Thu, 20 Nov 2008 08:14:00 +0100

South Korea's Hyundai Heavy Industries has launched a new 104,000-dwt oil tanker ordered by Russia's Primorsk Shipping Corporation (PRISCO), the PRISCO press office said on Wednesday.

The experts have discussed issues related to the management of quality.

Thu, 06 Nov 2008 08:34:00 +0100

A unified information day on the �Implementation of the ISO international standards of quality management, environmental and professional safety for enterprises working on export� took place yesterday in the administration of Primorsky Krai.

More than 1,5 billion roubles were directed on the modernization of Primorye power grid this year

Fri, 24 Oct 2008 08:48:00 +0200

The implementation of agreements on improving the reliability of electricity was discussed at a meeting with Governor Sergei Darkin.

Russia's Polymetal reports 18% gold output growth

Tue, 21 Oct 2008 08:34:00 +0200

Polymetal, Russia's largest silver producer and one of the largest gold producers, said its gold output grew 18% year-on-year in January-September to 211,000 ounces.

Vladivostok sea trading port renewed grain export

Wed, 15 Oct 2008 08:44:00 +0200

On October 10, Vladivostok sea trading port finished shipment of 3.500 tonnes of barley to holds of Rich Honor and the ship headed for Japan, according to the media-department of the port.

The foreigners will help to create the Primorye�s megalopolis

Fri, 10 Oct 2008 06:51:00 +0200

Primorye will cooperate with the south-Korean Pohang

Primorye is among the leaders of the economic growth

Mon, 06 Oct 2008 09:11:00 +0200

The biggest industrial growth is reached at the processing productions.

The dairy-farms of Primorye will get more subsidies

Tue, 30 Sep 2008 01:48:00 +0200

The subsidization of dairy-farms will be increased next year. But the differentiated method in the payments distribution will be kept.

The large-scale investment projects will be realized in the timber industry of Primorye

Thu, 25 Sep 2008 06:18:00 +0200

Three regional timber enterprises were included into the list of the priority state projects.

The United Shipbuilding Corp. will be formed in 2009

Thu, 25 Sep 2008 03:42:00 +0200

The main tasks of the Far East sub-holding will become the guarantee of the Pacific Fleet fighting order.

South Korean shipyard builds supertanker for PRISCO

Wed, 24 Sep 2008 07:25:00 +0200

South Korean shipbuilder Hyundai Heavy Industries has started building an ice-class tanker with deadweight of 104,000 metric tons for the Primorsk Shipping Corporation (PRISCO), the Russian company said on Monday.

North Korea-Russia railway reconstruction to be started October, 3

Wed, 24 Sep 2008 07:10:00 +0200

Reconstruction of the railway section between North Korea�s port Rajin and Russia�s station Khasan in the Primorye territory will be launched on October 3, press secretary of the Vladivostok branch of the Far Eastern Railway Alexander Artamonov told
on Tuesday.

Medvedev Looks To Asia Amid Russia-West Tension

Tue, 16 Sep 2008 08:47:00 +0200

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.

Timber plants are being built in Primorye

Tue, 16 Sep 2008 08:17:00 +0200

The construction of two timber plants is conducted in the Terney district. The customer of the construction is the OAO �Terneyles�.

Pacific Future Fishery fair opens in Vladivostok Wed

Thu, 04 Sep 2008 09:10:00 +0200

A Pacific Future Fishery-2008 exhibition and fair opened here on Wednesday as the first event of an International Congress of Fishermen.

The Far Eastern center of shipbuilding and repair will be formed by the end of 2008

Sat, 30 Aug 2008 07:02:00 +0200

The main tasks of the Far East sub-holding will become the guarantee of the Pacific Fleet fighting order.

7 days till the International Fishermen congress

Fri, 29 Aug 2008 06:03:00 +0200

More than 350 people from 16 foreign countries registered themselves for the participation in the fishery forum.

The governor Sergey Darkin: �The modern speed electric train will make the cities of Primorye nearer�

Fri, 29 Aug 2008 00:59:00 +0200

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.

The development of the agriculture complex must be of primary importance for Primorye

Fri, 22 Aug 2008 02:05:00 +0200

Such decision was made at the session of the food policy and nature management committee of the Legislative Assembly during the discussion of the law project �On the strategy of the socio-economy development of Primorye till 2025�.