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Bne Investor011110 NovemberOctober 27,31, 20102009 This is bne's weekly newsletter covering FDI and investment plans in Eastern Europe. You can receive the list as a plain text or html email or as a pdf file. To manage your delivery options: http://businessneweurope.eu/users/subs.php TOP STORY INVESTMENT 1. A Corporate Ostpolitik 2. Banks transfer RUB500bn to invest funds during crisis 3. Bashneft can win Titov and Trebs by default 4. CEE scores well on fibre-optic penetration 5. Chinese cash to power Russian coal 6. CORRUPTION WATCH: Bribery still on the rise 7. CORRUPTION WATCH: Public Prosecutor to investigate 4G licensing process 8. FAS thinks 4G frequencies need to be distributed not just for Big Three operators 9. FUNDS Up on the farm 10. Germans welcomed back to the Baltics 11. Investors see Kazakhstan as the smiling assassin 12. Lithuanian PM stokes row with Poland 13. No new gas-price agreement during Putin's visit to Ukraine 14. Putin OKs oil-tax reform in 2011 15. Russia and Poland to sign gas transit deal this week 16. Russia and Ukraine sign agreement on nuclear fuel plant 17. Russia to compete for helicopter tender to Afghanistan 18. Russia, Poland urge EU to abolish visas for Kaliningrad residents 19. Russia's arms exports to reach record $10 bln in 2010 20. Russian food prices up six times faster than in EU 21. Transneft announces plans for earlier completion of new pipeline projects 22. Turkmenistan blasts Russia and boosts Nabucco 23. UK companies creating joint CEE logistics presence 24. Vietnam wants free trade deal with Russia, Belarus, Kazakhstan SECTOR Gas 25. Albania talks on South Stream 26. Audit Chamber warns Exxon Neftegas over Sakhalin-1 spending 27. Energy Ministry says no plans to replace Sakhalin-1 operator 28. Exxon Neftegas vows to stick to approved Sakhalin-1 budget 29. Gazprom offers Poland no discount on additional gas 30. Gazprom unit plans to reconstruct 37,000 km of pipes over 10 years 31. Moscow and Kiev to create working group to revise gas deal - Azarov 32. Netherlands, Denmark ask for more gas from Gazprom 33. Polish government approves deal with Russia on increased gas supplies 34. Russia and Poland sign new gas deal with possible discounts 35. Russia, Greece plan meeting before year-end on Burgas-Alexandroupolis 36. Russia, Greece to hold talks on Burgas-Alexandroupolis pipeline before year end 37. Russian deputy PM: “Nabucco project has no perspective at all” 38. Russian-Turkmen relations: Clearing the way for gas pipes 39. Ukraine says Russia agrees to lower gas price next year SECTOR Oil 40. Alekperov comments on LUKOIL's plans 41. Investment in Russian oil refineries may hit RUB780bn 42. Lukoil to increase invest in oil refining after 2012 43. Oil refining can yield $5bn in annual budget revenues through 44. Putin sees oil cos drafting upgrade plans worth RUB780bn 45. Rosneft denies Bashneft cooperation offer on Trebs, Titov deposits 46. Rosneft in talks on joint oil, gas projects in Ecuador 47. Russia's hydrocarbon reserves twice the size estimated according to international standards 48. Russian and Japanese companies to invest $300 million in East Siberian oil, gas projects 49. TransCreditBank to invest in $2.4bn oil refinery project 50. TransCreditBank, Verkhotursky refinery to launch oil refinery by 2014 51. Transneft to disclose more details about its operations - better transparency SECTOR High Tech 52. Prospects for the IT Sector Are Improving : Public and private demand will drive growth 53. Putin orders to earmark RUB6bn for research universities 2010 54. Russia may grant Ukraine access to Glonass for military use 55. Russia may invest $5 million in national operating system - paper SECTOR Metals and Natural Resources 56. Consortium of Evraz, EPK and Severstal to build railroad 57. Evraz provides update on NKMK's rail-mill project 58. Mechel to upgrade Bratsk Ferroalloy Plant 59. MMK releases 3Q10 trading update 60. MMK revisits plans for development of the Prioskolskoye iron ore deposit 61. NLMK enhances scrap self-sufficiency 62. Polymetal: analyst meeting wrap-up 63. TMK site visit SECTOR Nuclear 64. ASEAN interested in energy cooperation with Russia - minister 65. Saudi Arabia approves civil nuclear cooperation with Russia SECTOR Power 66. IES Holding raises 2011 free-market electricity price forecast 67. Inter RAO UES inks $100mn deal on Ecuadorian hydropower project 68. MRSK Volga's new RAB guidance 41% above previous expectations 69. RusHydro goes abroad 70. Russia and Iceland to develop geothermal industry on Kamchatka 71. Russian ministry sees launch of 3.6 GW power units in 2010 72. TGC-2 to launch 1,130 MW of generating facilities in 2011-2014 SECTOR Retail, FMCG, Pharma 73. Coca-Cola to invest $1 billion in beverage production in Russia in 5 years 74. Eldorado 9M10 numbers: Read-across for M.video 75. Medvedev calls high medicine prices 'immoral' SECTOR Telecom, Internet 76. Megafon to get 4.6MHz in E-GSM 77. No mobile subscriber growth in September 78. Prospects for IT sector improving SECTOR Transport 79. Aeroflot outperformed sector in first nine months of the year 80. Aeroflot seeks penalties for Boeing and Sukhoi 81. Russian airlines continue to outperform global peers 82. Sapsan train races ahead in profitability for Russian Railways 83. Sobyanin offers more roads, parking to tackle Moscow traffic jams 84. Ways of solving Moscow traffic problems SECTOR Agriculture 85. Agriculture Ministry sees 9-10 pct output decline in 2010 86. Cherkizovo announces new greenfield construction 87. Russia extends grain export ban until July 2011 88. Russia to lift flour export ban from January and extend grain ban to June 30 89. Russian agriculture minister calls for cutting poultry imports 90. Russian govt to allocate RUB5bn to cattle farms Q1 2011 SECTOR Automotive 91. AvtoVAZ's swing 92. Canada's Magna opens car component plant in Russia's Kaluga 93. GM-AvtoVAZ checks cars for possible brake failure 94. Lada cars to arrive in Venezuela in November 95. Magna opens Kaluga factory 96. More local components 97. Russia's car output up 92.8% on year in January-September SECTOR Aviation, shipbuilding and defence 98. Exec hopes UAC meets deadlines with first Superjets deliveries 99. France ready to build first Mistral warship for Russia in 2013 100. Medvedev stresses need for financial incentives to boost military reform 101. Rosoboronexport exports over $60bn in arms in ten years 102. Russia and India to begin design of 5G-fighter in December 103. Russia announces tender for purchase of helicopter carriers 104. Russia carries out successful tests of two SLBMs 105. Russia floats out first of new class of frigate 106. Russia ready to discuss arms sales with Iran - arms exporter 107. Russia sends new space freighter to orbital station 108. Russia to manufacture Iveco armored vehicles under license 109. Russia to restrict 'noisy' planes 110. Russian arms exporter denies MiG-31 fighter contract with Syria 111. Russian arms firm denies Yakhont missile deliveries contract 112. Russian Navy to procure 10 new frigates next decade 113. UAC exec says Russia's Irkut to produce, sell An-148 jets SECTOR Tourism, Sports etc. 114. Rostov Region to lose casinos 115. Russia to open over 20 new national parks in next decade - Putin SECTOR Engineering 116. Rostov Region govt sees Guardian launching glass plant late 2012 SECTOR Media 117. UTV Media to spend RUB500mn on 7TV repositioning 118. Video International releases 2010-2015 advertising market forecast SECTOR Chemicals, Fertliser 119. PotashCorp increases prices for granular product USD 75/short tonne GOVT REFORMS, REGULATIONS, ECONOMICS, REGIONS 120. Additional taxes for heavy trucks 121. Dagestan to build its own Cote d'Azur by 2017 122. Domestic fertiliser producers to pay market price for potash starting in 2013 123. Eight MRSK branches may migrate to RAB from November 1 124. EU seeks cancellation of overflight fees 125. Export duty for cement abolished 126. FAS imposes low fine on mobile operators for high roaming rates 127. FTS approves transition to RAB for 11 MRSK branches on January 1 128. Government meeting focused on oil sector long-term stability 129. Ingushetia looks for Chinese investors 130. Prime Minister Vladimir Putin orders preparation for a legal base for running 3G/4G services in 2G network 131. Regulator to consider RAB parameters for eight MRSK grids 132. Russia to reform its armed forces by 2020 - defense minister 133. Shuvalov discussed partial deregulation of domestic potash prices 134. Vietnam mulls free trade zone with post-Soviet customs union UKRAINE INVESTMENT 135. TNK-BP to plough up to $2.5bn into shale gas exploration in Donetsk 136. Alchevsk Coke releases output targets 137. Avangard plans to boost sales by 46.5% YoY in 2011 138. Avangard projects capital investment at $37mn in 2011 139. AvtoKrAZ launches trucks for left-hand drive countries 140. Azarov: Agreement on Russian gas contradicts Ukrainian law 141. Cost of construction of nuclear fuel production plant in Ukraine to exceed $300mn 142. Creativ Group shareholders to develop pig farming as separate business 143. German co seen investing 600mn euros in Ukrainian wind power project 144. Government is Deterring Foreign Investment 145. Government to auction off grain export quotas 146. Interim sugar production results reached 0.93 mln tonnes 147. Kernel Holding confirms plans to export 1.3 Mt of grain despite quotas 148. Kernel's conference call on grain quotas fails to clarify situation 149. Kyiv cancels 66 outdoor billboard permits 150. Kyivenergo highlights investment plans 151. Mariupol Illich Steel boosts output in October 152. MHP ups land bank 5%, adding 11,000 ha 153. MMK Illicha to cut purchases from Yasynivsky Coke 154. Ukraine looks to scrap changes under EU free-trade accord 155.
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