Russian Machines, a unit of industrial holding Basic Element, owned by russian billionaire Oleg Deripaska, would indirectly acquire 20 million shares of auto parts supplier Magna International, raising speculation that the company is generating cash for a bid to buy Chrysler Group.
Popularity: 3% [?]
May 11, 2007Aluminum mogul Oleg Deripaska will buy a 30 percent stake in Austrian builder Strabag for 1.2 billion euros ($1.6 billion), boosting the clout of Europe’s fifth-largest builder in Russia.
Popularity: 5% [?]
April 27, 2007Viktor Vekselberg, Russian billionaire and co-owner of RusAl aluminium giant and TNK-BP oil venture, has teamed up with the founder of BHP Billiton Brian Gilbertson to produce jewelry under the famous Faberge trademark.
Popularity: 3% [?]
April 16, 2007The largest nuclear-powered icebreaker in the world has been put to sea and left St. Petersburg for Murmansk, the RIA-Novosti news agency quoted a spokesman for a St. Petersburg-based ship as saying.
Popularity: 1% [?]
April 4, 2007RusAl, the world’s third largest aluminium smelter, has announced a plan to invest $2.89 billion in the construction of an aluminium factory and coal fired power plants in West Java.
Popularity: 2% [?]
March 29, 2007One of Russia’s largest steelmakers, Magnitogorsk Iron & Steel Works (MMK) plans to float shares in London and Moscow with ABN Amro, Morgan Stanley and Renaissance Capital acting as lead managers, the firm said on Monday, March 26.
Popularity: 2% [?]
March 26, 2007Russia hopes for a package of energy and metals deals with African states, a ministry statement said on Friday, March 16, as a government delegation left for South Africa, Angola and Namibia. Some Russian firms however deny having any such plans.
Popularity: 3% [?]
March 19, 2007U.S. authorities are to examine Roman Abramovich’s ties to the Kremlin as part of a national security review of a $2.3bn bid for Oregon Steel by a company, the Financial Times daily reported Monday.
Popularity: 4% [?]
December 11, 2006Metalloinvest, the Russian steel and iron ore company controlled by billionaire Alisher Usmanov, plans to invest AED 572 million (about $156 million) building a steel rolling plant in the United Arab Emirates, the company said on Wednesday.
Popularity: 5% [?]
December 7, 2006At least one worker has been killed and five are still missing in a fire at one of Russia’s largest steel and iron works in the city of Magnitogorsk in the Urals, a local emergencies spokesman said Wednesday.
Popularity: 1% [?]
November 29, 2006
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