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The successful IPO made the Yandex most valuable company Runeta

Russia’s largest search engine "Yandex" has decided to play for high stakes and appreciated its shares on Tuesday night, the eve of the start of trading them on the American Stock Exchange NASDAQ, for $ 25 apiece, that is above the upper limit of the range of IPO. This is an informed source told Bloomberg.

The capitalization of the company that controls about 65% of the domestic market for Internet search was thus more than 8 billion. Earlier, analysts called fair evaluation of all search engine at $ 7 billion. In total, the search engine IPO attracted

Continue reading The successful IPO made the Yandex most valuable company Runeta

Uralvagonzavod invests in the Chelyabinsk plant 13 billion rubles

Photo source:olx.ru

According to the modernization program, developed in koroporatsii "Uralvagonzavod" (DC) "CTP-Uraltrak" (Chelyabinsk region) will receive 13 billion rubles.

The purpose of the program — Mass production of diesel engines and special-purpose civil using modern manufacturing techniques of major components. Funding will come at the expense of the corporation, as well as the federal program "The development of the military-industrial complex of Russia for 2011-2020".

Modernization will affect directly the complex production: casting and forging, thermal, mechanical, test and control sites.

In March 2011, "Uralvagonzavod" became the principal owner "CTP-Uraltrak." Uralvagonzavod received ownership

Continue reading Uralvagonzavod invests in the Chelyabinsk plant 13 billion rubles

Voronezh Rudgormash will supply the equipment in Kazakhstan and Ukraine

 Photo source:mining-media.ru

CJSC "UMMC" Rudgormash "in May won tenders in Kazakhstan and Ukraine to supply two drilling rigs and two vacuum filters. Ukrainian JSC "Mitalstil Krivoy Rog" Voronezh plant will supply two vacuum filter. Using vacuum filters designed "Rudgormash", as reported earlier, reduces power consumption, and ten-fold increase in productivity 1.2-1.5 fold (compared to the others). Drilling rigs will be delivered in Kazakhstan on Sokolowo-Sorbaiskoe GOK and JSC "Kazakhstan Aluminium"

In 2010, the volume of production at the plant has increased by 1.5 times to 1.15 billion. The share of exports accounted for about 400 million rubles. The

Continue reading Voronezh Rudgormash will supply the equipment in Kazakhstan and Ukraine

By 2020, the Russian steel industry will invest about $ 100 billion

About $ 100 billion of foreign direct investment (FDI) will be invested in the mining and metallurgical industry of Russia in 2020. This forecast was made by analysts of "Ernst & Young" at the round table discussion on the trends in the industry.

It is noted that after the crisis, the Russian steel companies have become cautious approach to the acquisition of assets abroad and focused on organic growth — increasing efficiency and productivity, reduce cost, quality issues and the development of new products with high added value.

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The construction of treatment facilities in Sochi $ 1.5 billion

Construction of sewage treatment facilities Krasnaya Polyana District (Sochi) is completed, said the agency "Interfax-South" representative of the district administration.

Work on the construction of sewage treatment facilities in Krasnaya Polyana is almost over. To start a new sewage system in operation remains to complete the construction of a new sewer supply and service networks. This is expected to happen in two months.

Commissioning of the treatment plant on schedule for construction of Olympic facilities planned for September 2011. The cost of design, survey and construction works of the project — more than 1.5 billion.

Continue reading The construction of treatment facilities in Sochi $ 1.5 billion

Scientific developments have allowed Tomsk Polytechnic University to attract 1 billion 129 million rubles of investments

The amount of funds raised in the Tomsk Polytechnic University (TPU) at the expense of scientific developments, overcame the bar in 2010 of 1 billion rubles, reaching 1 billion 129 million rubles. The press service of the University. Of these, 754 million rubles were obtained from extra-budgetary funds for contractual works. This figure is higher than any university in the Siberian Federal District, and the performance of all schools in this area in Tomsk. Another 240 million rubles attracted to scientific and technical activities of the university from the state budget, and 134 million rubles TPU earned through

Continue reading Scientific developments have allowed Tomsk Polytechnic University to attract 1 billion 129 million rubles of investments

Technology parks have started to earn

By early 2011, with the participation of the Ministry of Communications was built and launched seven parks in Tatarstan, Tyumen, Novosibirsk, Kemerovo and Mordovia. Total revenue of their residents in 2010 was about 14 billion rubles., For comparison, a year earlier the rate was about 7 billion rubles.

 

Most companies that won seats in the industrial parks, are engaged in the strategic development of information technology (19% of all residents), 18% of residents of developing innovative technologies in the mining sector, and 15% are engaged in energy efficiency.

According to the representatives of

Continue reading Technology parks have started to earn

The European Union considers Russia is too wealthy to enjoy trade privileges («Business New Europe», UK)

Russia is no longer an emerging market, according to the left without the money the European Union, which wants to get rid of the system of trade preferences, introduced in 1990 to support the transition of Russia and other BRIC countries to a free market economy. This proposal is currently the most concrete example of how the world economic order is changing as the leading emerging markets begin to mature and ripen. In Russia, per capita income over the last decade has grown more than tenfold by the end of 2010 was 15,900 dollars, according to the CIA

Continue reading The European Union considers Russia is too wealthy to enjoy trade privileges («Business New Europe», UK)

Began the third phase of the industrial parks in Russia in the sphere of high technologies

Program for the creation of technology parks in the Russian high-tech government approved in 2006. Prior to 2010, sold its first two stages: the selection of projects undertaken, the training of basic infrastructure, the construction and development of mechanisms of self-development parks. The volume of subsidies from the federal budget for this purpose entities exceeded 6 billion rubles.

Now the third phase. As the Minister of Communications and Mass Media Igor Shchegolev at meeting on improving innovation development in the regions, now we need to finish the construction of the first projects to include new members, expand your network

Continue reading Began the third phase of the industrial parks in Russia in the sphere of high technologies

Construction of the Taishet aluminum smelter will resume by the end of summer

Rusal plans in June 2011 to complete the fundraising for the completion of the Taishet aluminum smelter and to resume construction by the end of the summer. This was announced during a conference call Director of Capital Markets Oleg Muhamedshin.

In 2007, Rusal has started construction of the Taishet aluminum smelter in the Irkutsk region of 750 tonnes of aluminum per year, the estimated amount of investment — about $ 2 billion Building Boaz and TaAZa was suspended after a sharp decline in demand and prices for aluminum in December 2008 in BoAZ had invested $ 251 million

Continue reading Construction of the Taishet aluminum smelter will resume by the end of summer

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