Gazprom Group has signed a number of agreements with Vnesheconombank to purchase a block of ordinary shares and ADRs representing Gazprom’s ordinary shares that amounts to 3.59% of the company’s equity capital. “Gazprom’s shares are strongly undervalued by the market and have considerable growth potential. This is why we seized the opportunity to buy out…Details
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Gazprom is interested in gas transit via Belarus, Director General of OAO Gazprom Transgaz Belarus Vladimir Mayorov said. On July 15, Vladimir Mayorov took part in the solemn ceremony to open the sport facility Olimpiyets in Orsha. The facility was built by OAO Gazprom Transgaz Belarus in association with the Orsha District Executive Committee as…Details
Gazprom Export plans to hold the third auction on sales of Russian natural gas to Europe with delivery in winter season of 2016-2017 on August 31, September 1 and 2, the export arm of the Russian gas holding said. Gas will be offered in Greifswald, Gaspool and Olbernhau delivery points, just as at the first…Details
The naval version of the Tor antiaircraft missile system may be developed in 2018-2019 and the Russian Navy command shows interest in this project, the press office of Almaz-Antey manufacturer said at the KADEX-2016 international weapons exhibition. The Russian Navy is considering the possibility of creating the naval version of the Tor antiaircraft missile system…Details
The Russian Defense Ministry will receive 7 modernized Tu-95MS strategic cruise missile carriers, Tupolev PJSC director general Alexander Konyukhov said. The ministry has already received the first Tu-95MS aircraft, which had been modernized in accordance with the state requirements and technical documentation, according to Konyukhov. “In accordance with conditions of state contracts, the Russian Defense…Details
According to the Russian Defense Minister Sergei Shoigu, the country’s armed forces received a number of new weapon systems in the second quarter of 2016. The upgrades include an Iskander-M brigade, an S-400 missile defense system regiment and over 90 aircraft. “Over the last three months, the armed forces have received a brigade set of…Details
The Russian Defense Ministry will receive six Mil Mi-8AMTSh choppers and three Mi-8AMTSh-VA ‘Terminator’ military and transport helicopters for Arctic operation this year, Ulan-Ude Aviation Enterprise Managing Director Leonid Belykh said. “Under the state defense contracts that have been signed, three Mi-8 helicopters are planned for delivery in 2016 and two in 2017 for Arctic…Details