akm

The Central Bank resumes repo auctions for a period of one month

From November 25, 2024 to March 3, 2025, the Bank of Russia will hold repo auctions every week for a period of one month. This is stated in the press service of the Central Bank. The regulator has ...
akm

The turnover of Moscow's manufacturing industries increased by 6.4% in the first quarter%

The turnover of Moscow's manufacturing industries, excluding the oil and gas sector, amounted to 1.7 trillion rubles in the first quarter of 2025. This is 6.4% higher than in the same period of 2024, ...
akm

The American-Irish CRH is considering the possibility of selling its cement business in the Philippines

CRH Plc, an American-Irish manufacturer of building materials, is considering the possibility of resuming the sale of its cement business in the Philippines. This is reported by foreign media. CRH has ...
akm

The nationalized boric acid production complex, the only one in Russia, was transferred to the private holding company Roschem

The nationalized boric acid production complex, the only one in Russia, was transferred to the private holding company Roschem. JSC "Roschem" became the owner of four companies participating in the ...
akm

Toyota Boshoku America bought all shares of TBDN Tennessee Company joint venture

Toyota Boshoku America, Inc. (TBA) has acquired the joint venture TBDN Tennessee Company, LLC in full ownership. This is reported in the TBA press release. The financial terms of the deal were not ...
akm

Negotiations on the sale of assets of ArcelorMittal in South Africa for $492 million ended inconclusively

Negotiations between Luxembourg steel company ArcelorMittal SA and South African Industrial Development Corp. (IDC) regarding the potential sale of local ArcelorMittal South Africa Ltd. (Amsa) for 8.5 ...
akm

Rosimushchestvo became the owner of Domodedovo legal entities

The Federal Agency for State Property Management became the owner of DME Holding LLC. Changes in the Unified State Register of Legal Entities occurred on June 19, 2025. According to the KonturFocus ...
akm

Gunvor Group co-founder T. Tornqvist sells his stake to the company's management

The co-founder of the multinational commodity trader Gunvor Group Ltd, Torbjörn Törnqvist, resigns as CEO of the company and sells his stake to top management. This is reported in the press release of ...
akm

Russians have written off 44 billion rubles of debts in five years through out-of-court bankruptcy

In five years, Russians have been able to write off 44 billion rubles of debts through out-of-court bankruptcy. This was announced by the Ministry of Economic Development of the Russian Federation. As ...
akm

In 2024, MOEK initiated bankruptcy proceedings for debtors worth 1 billion rubles

PJSC MOEK, as part of its work with malicious defaulters, initiated bankruptcy of the heads and beneficiaries of debtor companies in the amount of more than 1 billion rubles in 2024. This is stated in ...
akm

Indonesia's Asia Pulp&Paper plans to acquire the American Kimberly-Clark division for $4 billion

Indonesian pulp and paper company Asia Pulp&Paper Co. intends to raise $2 billion to finance an application for the acquisition of the overseas tissue manufacturing business of the American ...
akm

JV: the volume of liquid assets in the volume of NWF at the end of 2024 amounted to 32%

The volume of the National Welfare Fund according to the results of its execution in 2024 in ruble equivalent amounted to 11.88 trillion rubles. or 5.9% of GDP, having decreased by 85.1 billion rubles ...