COMMENTS
Market in exchange for technologies
15.03.2010 (13:15)
A contract to sell 25% stake in Transmashholding (TMH) to the French company Alstom has been signed recently, in presence of Nicolas Sarkozy, President of France, and Dmitry Medvedev, President of Russia. Thus, the French company has gained an access to Russian market, which is among the most capacious railway engineering markets in the world, and the gigantic national holding group receives a support for modernisation of its plants and intellectual developments of the world-famous rolling stock manufacturer.
Coal industry: we must look in the future with optimism
01.03.2010 (23:08)
The most challenging factor for coal companies in 2009 was work in conditions of a serious shortage in financing. Last year there were no such opportunities for obtaining credits as before, for example in 2008, and this affected the sector. Investments in the coal companies' fixed assets also fell by more than 30%. In addition, new construction was halted on those sites which were originally supposed to boom the production.
The Customs Union of Belarus, Kazakhstan and Russia started work on January 1st, 2010 and faced a few puzzles, which are to be solved in a very short time, by July 1st, 2010, when the common Customs Union territory will be created.