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X5 proposes RusBrand members manufacture exclusive products


Representatives of X5 and RusBrand participated in a meeting, which was held in line with Fair Practices Code signed in December 2012. X5 representatives called on branded good manufacturers to actively develop cooperation related to exclusive goods sold only in the Pyaterochka, Perekrestok and Karusel retail chains. X5 already has substantial experience in working with these types of products, for example, alcohol. Paul Martins, the Company’s Commercial Director, presented X5’s private label and first price products strategy. The suppliers... Read More »

The Bank of Moscow has extended to Mosmetrostroy a bank guarantee amounting to 14.6 billion RUR


The Bank guarantee has been extended for the benefit of ОАО Mosinzhproject under a contract for the performance of contracted work aimed at the construction of a section of the Moscow underground line from Maryina Roshcha station to Seligerskaya station. Since 2000 the Bank of Moscow has been successfully co-operating with ОАО Mosmetrostroy, a versatile multi-core construction complex involved in underground, architectural, finishing, special, railway laying and other operations. ... Read More »

Natalka equipment delivery update


The 10.4 by 6.1 metre SAG mill (the world’s second largest in the gold mining sector) and the 8.2 by 14 metre ball mill (the world’s largest in the gold mining sector) arrived at the port of Magadan, Russia on 14 April, where they were placed on mobile platforms for the ten-day, 406 kilometre road transfer to the Natalka site. The total weight of the cargo was 977 tonnes including 60 non-standard items and 9 over-sized items of 9 metres in diameter and weighing approximately 100 tonnes each. The caravan consisting of 18 main and 10 support v... Read More »

Gazprom International obtains its first gas in Bangladesh


On 20 May, perforation of the first interval (3185-3190 m) was conducted. During tests on 21 May 2013, a maximum influx rate of 413,000 cub. m of natural gas per day was obtained. After all tests have been carried out, it is planned to complete construction of the well and to move the rig to the next drilling point – the Begumganj field. The drilling of wells under the contract with BAPEX and BGFCL/SGFL has been under way since March of this year. So far, two wells – Shrikail 3 (depth: 3,350 m.) and Titas 20 (depth: 3,532 m.) – have seen ... Read More »

TomTom Congestion Index shows that Moscow is the Most Congested City


On average, journey times in Moscow are 66% longer during non-congested periods when traffic is flowing freely, and 106% longer during morning rush hour. TomTom's Congestion Index, including individual continent and city reports, can be found at TomTom's Congestion Index is the world's most accurate barometer of congestion in urban areas. The Index is uniquely based on real travel time data captured by vehicles driving the entire road network. TomTom's traffic database contains over six trillion data measureme... Read More »

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