Eastern Europe

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• Source limited to: Interfax

 2022-06-25 13:07 

Interfax

Polish clothing retailer LPP reopening its stores in Kyiv...

MOSCOW. June 24 (Interfax) - The Polish clothing retailer LPP is reopening its stores at the Respublika Park, Dream and SkyMall shopping malls in Kyiv on June 25, the Ukrainian media quoted the Retail Association of Ukraine as saying.The company's Res...

 2022-06-25 12:57 

Interfax

Yandex merges several Plus and fintech services into separate business group...

MOSCOW. June 24 (Interfax) - Yandex has set up a third business group, Plus & Fintech, the Russian Internet company said.The new unit brings together services such as Yandex Plus, Yandex Music, KinoPoisk, Yandex Afisha and fintech. It is headed by Artem S...

 2022-06-24 16:46 

Interfax

PPF Group sells control of Russian subsidiaries for 26 bln rubles, could fully withdraw from them before Nov 2023...

MOSCOW. June 23 (Interfax) - PPF Group has sold its controlling stake in its Russian subdivisions for around 26.4 billion rubles as part of the first part of a deal.The first stage includes the sale of 50.5% in Russia's HCF Bank, Home Credit Insurance...

 2022-06-24 16:46 

Interfax

Rosatom entity to have 33% stake in satellite communications operator...

MOSCOW. June 23 (Interfax) - JSC Atomenergoprom (a Rosatom entity) has acquired 33% of shares in Amtel, a satellite communications operator, the company said in a statement.Rosatom received these shares on June 22.The value of the acquired stake was not d...

 2022-06-24 13:46 

Interfax

BRICS countries committed to cooperation in agricultural sector to ensure food security - declaration...

MOSCOW. June 23 (Interfax) - The leaders of the BRICS countries have emphasized their commitment to cooperation in the agricultural sector to ensure global food security."As BRICS countries produce around 1/3 of the world's food, we stress our com...

 2022-06-24 13:46 

Interfax

Kazakh govt adopts new investment policy concept...

NUR-SULTAN. June 23 (Interfax) - Kazakhstan's government has approved a new investment policy concept in order to create a most favorable environment for investors, Kazakh Prime Minister Alikhan Smailov said."Kazakhstan is attractive for foreign d...

 2022-06-24 13:22 

Interfax

Sanctions against Russia complicating energy projects in Uzbekistan - Uzbek Energy Ministry...

TASHKENT. June 23 (Interfax) - The sanctions that have been imposed on Russia are complicating delivery of the combined cycle gas turbines needed to implement Uzbekistan's investment projects in the sphere of energy, Deputy Director of the Project Off...

 2022-06-24 13:22 

Interfax

Europe might invest some 150 mln euros in construction, modernization of Ukrainian clinics by end of 2022 - health minister...

MOSCOW. June 23 (Interfax) - European investments in the construction and modernization of Ukrainian clinics might amount to about 150 million euros by the end of 2022, Ukrainian Health Minister Viktor Lyashko said."I have urged investors, businesses,...

 2022-06-24 13:14 

Interfax

Cisco to wind down business in Russia, Belarus...

MOSCOW. June 23 (Interfax) - Cisco Systems Inc. has decided to wind down business in Russia and Belarus, the company said.Cisco suspended all business in the two countries in March due to the events in Ukraine.The company will support employees working in...

 2022-06-24 13:14 

Interfax

Central Bank sees potential for cutting key rate further, will monitor inflation dynamics, expectations - Chistyukhin...

CHEBOKSARY. June 23 (Interfax) - The Central Bank of Russia (CBR) sees the potential for cutting the key rate further, while monetary policy should assist in easing monetary conditions and providing a disinflationary effect, Central Bank First Deputy Gove...

 2022-06-24 13:04 

Interfax

Lithuania focused on synchronizing its power grids with Europe as soon as possible - energy minister...

VILNIUS. June 23 (Interfax/BNS) - Lithuania is not buying electricity from Russia and is seeking to synchronize its power grid with Europe as soon as possible, Lithuanian Energy Minister Dainius Kreivys said.Russian State Duma Foreign Affairs Committee he...

 2022-06-24 13:04 

Interfax

Nike decides to leave Russian market...

MOSCOW. June 23 (Interfax) - Nike Inc. has decided to leave the Russian market entirely, Reuters reports, quoting a statement by the sportswear giant.Nike suspended operations in Russia and its retail outlets, except franchisees, at the beginning of March...

 2022-06-24 13:02 

Interfax

CPC to contest appeals ruling to uphold fine of 5.3 bln rubles for sea terminal oil spill...

MOSCOW. June 23 (Interfax) - Caspian Pipeline Consortium-R will continue to contest a fine of 5.285 billion rubles for damages caused by a spill at its sea terminal, the consortium said in a statement."Caspian Pipeline Consortium, being a law-abiding ...

 2022-06-24 13:02 

Interfax

Russia could not use FX reserves for payments on Eurobonds due to restrictions, payments can be relayed only in rubles - Siluanov...

MOSCOW. June 23 (Interfax) - Russia could not use the reserve currencies stipulated in the bond issue documentation to make payments on sovereign Eurobonds due to restrictions, it is now possible to make payments only in rubles, Finance Minister Anton Sil...

 2022-06-24 12:46 

Interfax

Over half of interviewed AmCham Ukraine companies fully operational, continue to pay salaries - survey...

MOSCOW. June 23 (Interfax) - More than half of the recently interviewed 127 member companies of the American Chamber of Commerce Ukraine (AmCham, ACC) are fully operational and are paying salaries to their employees, according to the findings to an AmCham...

 2022-06-24 12:46 

Interfax

European Parliament calls for granting EU candidate status to Ukraine, Moldova...

BRUSSELS. June 23 (Interfax) - The European Parliament has voted for a resolution on the soonest granting of the EU candidate status to Ukraine and Moldova by a majority of votes, the European Parliament said in a statement published on its website on Thu...

 2022-06-24 12:43 

Interfax

Outbound traffic via Ukraine's western border noticeably larger in past 2 days than number of arrivals - State Border Service...

MOSCOW. June 23 (Interfax) - The number of people who exited Ukraine via its western border in the past two days was 2,000-5,000 larger than the number of people who arrived in Ukraine via the western border over this period, Ukrainian media outlets quote...

 2022-06-24 12:43 

Interfax

Several state-owned banks in Ukraine may require additional capitalization - NBU...

MOSCOW. June 23 (Interfax) - The National Bank of Ukraine (NBU) expects that the majority of Ukrainian banks will be able to restore their capital themselves with the help of future revenue following losses caused by the known reasons, but shareholders wi...

 2022-06-24 12:42 

Interfax

UK bans exports of pound banknotes, banknotes of EU members, in addition to ban on jet fuel exports to Russia...

LONDON. June 23 (Interfax) - The UK has banned the exports of British pounds and the banknotes of EU members, as well as jet fuel to Russia, the British government said in a statement on Thursday.The exports of jet fuels and fuel additives to Russia and f...

 2022-06-24 12:42 

Interfax

Kremlin attributes possible irregularities in gas supply to Europe to delay in turbine's return after maintenance...

MOSCOW. June 23 (Interfax) - Russian presidential press secretary Dmitry Peskov has dismissed Berlin's allegations that irregularities in natural gas supply to Europe via the Nord Stream pipeline might have been politically motivated and explained the...

 2022-06-24 12:22 

Interfax

Freight shipping route to China with transit via Mongolia has prospects - Levitin...

NOVOSIBIRSK. June 23 (Interfax) - Increasing transit via Mongolia will help boost freight exports by rail from Siberia to China, Igor Levitin, an aide to Russian President Vladimir Putin, said at the plenary session of the IX International Siberian Transp...

 2022-06-23 16:34 

Interfax

Georgian PM sure his country deserves EU candidate status as much as Ukraine, Moldova...

TBILISI. June 22 (Interfax) - Georgian Prime Minister Irakli Garibashvili regrets the European Commission's decision not to recommend that Georgia be granted EU candidate country status for now, noting that Tbilisi is expecting the EU's final deci...

 2022-06-23 16:34 

Interfax

EU candidate status to boost Ukrainian economy, send positive message to investors - AmCham Ukraine president...

MOSCOW. June 22 (Interfax) - Granting European Union candidate country status to Ukraine would put Ukrainian GDP growth onto a different trajectory and send a positive message to investors, Andy Hunder, president of the American Chamber of Commerce in Ukr...

 2022-06-23 14:24 

Interfax

Ukraine exports 907,000 tonnes of grain so far in June, shipments up 9.2% in MY - AgMin...

MOSCOW. June 22 (Interfax) - Ukraine exported 907,000 tonnes of grain in the period June 1-22, the Agrarian Policy and Food Ministry said.It said 553,000 tonnes of this was corn.The exports were half of the 1.75 million tonnes shipped abroad in the first ...

 2022-06-23 14:24 

Interfax

Property of Ukrainian parliamentarian Medvedchuk found during search seized...

MOSCOW. June 22 (Interfax) - The Lychakivskyi District Court of Lviv has ordered the seizure of 279 paintings, dinnerware and a railway dining car found during the June 7 search of premises owned by Ukrainian Verkhovna Rada member Viktor Medvedchuk, who i...

 2022-06-23 13:21 

Interfax

Uralsib can no longer process payments of Russian partner banks in dollars, euros due to external restrictions...

MOSCOW. June 22 (Interfax) - Uralsib can no longer process payments of Russian partner banks in dollars and rubles due to the policies of foreign lenders, but Uralsib's own payments and those of its clients in these currencies are being carried out as...

 2022-06-23 13:21 

Interfax

Putin approves provisional arrangement for servicing sovereign Eurobonds, govt to select banks for payments...

MOSCOW. June 22 (Interfax) - Russian President Vladimir Putin has approved a temporary procedure for honoring commitments on sovereign Eurobonds to residents and foreign creditors.Putin signed the relevant executive order on June 22. This has been publish...

 2022-06-23 12:58 

Interfax

En+ hydropower generation at high level - top manager...

MOSCOW. June 22 (Interfax) - The hydropower generation of En+ Group is at a normal, high level, head of the En+ energy division Mikhail Khardikov told Interfax.The water level at hydropower plants in Angarsk is consistently high, and the water levels at t...

 2022-06-23 12:58 

Interfax

Ukraine considers new IMF program fundamental, lawmaker says...

MOSCOW. June 22 (Interfax) - Ukraine continues to work on a new program with the International Monetary Fund, said Danylo Hetmantsev, chairman of the parliamentary committee on finance, taxation and customs policy."The situation with the IMF is quite ...

 2022-06-23 12:52 

Interfax

Belarus holding exercise on border with Ukraine...

MINSK. June 22 (Interfax) - A mobilization exercise with military enlistment offices has begun in Belarus' Gomel region, which borders Ukraine, the press service for the Belarusian Defense Ministry said on Wednesday.Special operations forces of the Be...

 2022-06-23 12:52 

Interfax

En+ not in talks to sell coal assets, focused on their modernization...

MOSCOW. June 22 (Interfax) - En+ Group is not currently in talks to sell its coal-fired thermal power plants, Mikhail Khardikov, head of the company's energy business, told Interfax."We are engaged in the development of these enterprises, our heat...

 2022-06-23 12:36 

Interfax

Putin says development of reserve currency under auspices of BRICS being considered...

MOSCOW. June 22 (Interfax) - The question of creating an international reserve currency based on a basket of currencies of the BRICS countries is being considered, Russian President Vladimir Putin said on Wednesday in his greetings to participants of the ...

 2022-06-23 12:36 

Interfax

Federation Council approves bill to simplify employment of foreign IT specialists in Russia...

MOSCOW. June 22 (Interfax) - The Federation Council, the upper house of the Russian parliament, has approved a bill simplifying the employment procedure for foreign IT specialists in Russia and the procedure for them and their family members to receive re...

 2022-06-23 12:17 

Interfax

First Vkusno & Tochka restaurants replacing former McDonald's open in St. Petersburg...

ST. PETERSBURG. June 22 (Interfax) - The first restaurants replacing the former McDonald's restaurants in Russia, Vkusno & Tochka [Tasty, that's it], began operating in St. Petersburg and the Leningrad Region on Wednesday."Today we are opening...

 2022-06-23 12:17 

Interfax

Uzbekistan concluding talks to join WTO...

TASHKENT. June 22 (Interfax) - The Uzbek authorities intend to conclude negotiations on joining the World Trade Organization (WTO) in the near future, the press service for the Uzbek Investments and Foreign Trade Ministry said.Deputy Prime Minister and In...

 2022-06-23 12:12 

Interfax

Federation Council passes law banning foreign cos without subsidiaries from subsoil development in Russia...

MOSCOW. June 22 (Interfax) - The Federation Council or upper house of Russia's parliament has passed a law that introduces a ban on issuing licenses for subsoil development to foreign companies - in order to continue working they will have to set up l...

 2022-06-23 12:12 

Interfax

Elections of regional heads to be held in all Russian constituent territories where planned - CEC...

MOSCOW. June 22 (Interfax) - All 14 regions that are due to elect their heads in September will do so on Unified Voting Day, Russian Central Elections Commission (CEC) head Ella Pamfilova said."As for the elections of high-ranking officials: [the elec...

 2022-06-23 11:55 

Interfax

Preparations being finalized for transshipping Belarusian cargo via St. Petersburg's port Bronka - Belarusian PM...

MINSK. June 22 (Interfax) - Preparations are in the final stages for organizing the transshipment of Belarusian products via the Bronka marine multifunctional transshipment complex in St. Petersburg, Belarusian Prime Minister Roman Golovchenko said on the...

 2022-06-23 11:55 

Interfax

Russian senators approve bill legalizing parallel import in 2022...

MOSCOW. June 22 (Interfax) - The Federation Council, the upper house of the Russian parliament, has voted in favor of a bill that permits the import of goods to Russia without the permission of the intellectual property owner. Such goods have been legitim...

 2022-06-23 11:47 

Interfax

Azerbaijan intends to boost renewable energy capacity 5-fold going forward - Energy Ministry...

BAKU. June 22 (Interfax) - Azerbaijan plans to increase the capacity of renewable energy sources nearly 5-fold to more than 6 MW in the near future, Energy Minister Parviz Shahbazov said."Renewable energy capacity in Azerbaijan, including hydroelectri...

 2022-06-22 16:59 

Interfax

Last works of art loaned by Hermitage for European exhibitions return to Russia...

MOSCOW. June 21 (Interfax) - The last works of art loaned by the State Hermitage Museum for exhibitions in Europe have returned to Russia, Russian Culture Minister Olga Lyubimova said."The last of the Hermitage's items have returned to Russia from...

 2022-06-22 16:59 

Interfax

Rosbank to charge commission on retail forex accounts...

MOSCOW. June 21 (Interfax) - Rosbank will start to charge commission on retail forex accounts from July 4, the bank said in a statement posted on its website.Monthly commission of 0.5% will be debited for servicing dollar and euro accounts exceeding 10,00...

 2022-06-22 16:26 

Interfax

Artek int'l children's center resumes admission of children from abroad after 2-year break...

SIMFEROPOL. June 21 (Interfax) - Children from foreign countries are arriving on vacation to the Artek international children's center in Crimea for the first time in two years, the center's press service said on Tuesday."For the first time in...

 2022-06-22 15:52 

Interfax

OFAC extends license to Sberbank's depositary to wind up receipts program until Oct 17...

MOSCOW. June 21 (Interfax) - The United States Treasury's Office of Foreign Assets Control (OFAC), responsible for sanctions enforcement, has extended until October 17 the special license granted to JPMorgan Chase, Sberbank's depositary, to wind u...

 2022-06-22 15:28 

Interfax

Eurasian Economic Commission extends Kazakh quotas for white sugar, raw sugar duty-free imports until Oct 31...

ALMATY. June 21 (Interfax) - The Council of the Eurasian Economic Commission (EEC) at an extraordinary meeting extended Kazakhstan's quotas for duty-free imports of white sugar and raw sugar until October 31, 2022, the press office of the Kazakh Trade...

 2022-06-22 14:58 

Interfax

Lithuania limits truck transit between Kaliningrad region, rest of Russia - regional authorities...

KALININGRAD. June 21 (Interfax) - Lithuania has extended the restrictions on transportation of sanctioned goods to the Kaliningrad region onto trucks, the Kaliningrad regional government's press service told Interfax."A partial ban on cargo traffi...

 2022-06-22 14:10 

Interfax

Slightly more people cross into Ukraine than leave it via western borders over past 2 days - Border Service...

MOSCOW. June 21 (Interfax) - The number of people crossing into Ukraine through its western borders has been slightly larger than the number of those leaving Ukraine over the past two days, Ukrainian media reported with reference to the State Border Servi...

 2022-06-22 13:11 

Interfax

Zelensky agrees on energy cooperation with Orban, invites him to visit Ukraine...

MOSCOW. June 21 (Interfax) - Ukrainian President Volodymyr Zelensky has thanked Hungarian Prime Minister Viktor Orban for supporting Ukraine's status of an EU candidate, and bilateral energy cooperation has been discussed, Ukrainian media outlets said...

 2022-06-22 12:48 

Interfax

Ukrainian parliament reinstates import duties, VAT starting July 1...

MOSCOW. June 21 (Interfax) - The Ukrainian Verkhovna Rada has reinstated duties and VAT on imported goods, including cars, starting July 1, Yaroslav Zheleznyak, deputy head of the Ukrainian Verkhovna Rada Finance, Tax, and Customs Policy Committee, said.U...

 2022-06-22 12:34 

Interfax

Naftogaz intends to file suit against Gazprom in int'l arbitration in July regarding reduction in transit...

MOSCOW. June 21 (Interfax) - Naftogaz Ukraine intends to file a suit against Gazprom in July for reducing natural gas transit through Ukraine below the contracted volumes, Ukrainian media quoted Yuriy Vitrenko, CEO of Naftogaz, as saying at a press confer...

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