NovemberJuly 27,11, 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. Gazprom the world's most profitable company 2. Aeroflot BoD approves plan to replace Boeing with Airbus planes 3. Anti-monopoly service begins proceedings against coal and steel giants 4. China to extend energy resource tax nationwide 5. Food retail sector: defensive and untapped growth potential 6. Comment: Gas glut reaches Europe 7. Influential neighbors drag heels on sharing land with Skolkovo 8. Labour market revives quickly 9. Mobile giants ask for transparency in 4G frequency allocation 10. OGK3's missing cash: A crucial test for government 11. Putin offers mild punishment for Kremlin offenders 12. Putin outlines new strategy for North Caucasus 13. Retail Sales Forecast in Central and Southeast Europe for H2/2010 14. Russia becoming major oil supplier to US 15. Russia boasts quickest business set up time amongst Brics 16. RussiaBelarusKazakhstan customs union now operational 17. Russian residents have started to spend more than they save RUSSIA-FOREIGN INVESTMENT 18. First deputy PM to discuss pipeline, NPP projects in Bulgaria 19. Gazprom neft considering downstream expansion in Bulgaria 20. Mechel strengthens steel division's sales arm with Turkish acquisition 21. Medvedev to hold energy talks with Vietnamese leader 22. Putin calls for restoration of production ties between Russia and Ukraine 23. Russia to lend Kazakhstan $700 mln for power plant 24. Severstal ups Crew Gold stake to 36.22% RUSSIA-RUSSIA INVESTMENT 25. Auctions for oil & gas deposits fail 26. Gazprom plans RUB1.7 trln in CAPEX in 2011; production still below 2008 levels 27. Moscow to spend $12.8 million on youth business by 2012 28. Russia to invest $40 million in developing AIDS, cancer treatment SECTOR Gas 29. Azerbaijan offers to double volume of natural gas export to Russia 30. Bulgaria agrees to host South Stream Pipeline 31. Bulgaria refers Gazprom contracts to prosecutors 32. Gazprom mulls gas condensate liquefying plant on Novaya Zemlya 33. PM says Bulgaria seeks cut in price of Russian gas supplies 34. Russia's natural gas exports up 56.4% on year in January -May 35. Russian gas output - strong against low base, weak versus pre__crisis 36. South Stream road map to be coordinated on July 8 - Bulgarian PM SECTOR Oil 37. C.A.T. Oil Wins Two Hydraulic Fracturing Tenders Totalling € 55mn 38. Chevron to get 33% stake in Black Sea project with Rosneft 39. Court suspends Environmental Protection Ministry order against Regal Petroleum 40. Gazprom gives TNK-BP more pipeline access 41. June oil output hits record high 42. LUKoil wins exploration rights Offshore Romania 43. Medvedev to hold energy talks with Vietnamese leader 44. Novatek acquires 100% of Tambeyneftegas at below market price 45. Oil companies might create compensation fund to prevent offshore accidents 46. Oil output resumes growth in June, up 2.9% y__o__y in 1H10 47. Putin sees Rosneft investing RUB17bn in Chechnya refinery 48. Russia becoming major oil supplier to U.S. - WSJ 49. Transneft to Increase Transportation Tariffs by 3.3% in August and 10% in December SECTOR High Tech 50. City govt sees high-tech park in St Petersburg constructed by 2015 51. Enel may take part in Skolkovo project 52. Enel may take part in Skolkovo project 53. International Modernization Week to open in Moscow 54. Microsoft allows Russia broader access to source codes 55. Russians ready for introduction of online public services - Medvedev 56. Russia's Innovation city legislation moves ahead SECTOR Metals and Natural Resources 57. Anti-monopoly service begins proceedings against coal and steel giants 58. Mechel starts importing coking coal from Bluestone 59. Petropavlovsk launches 3rd stage of gold mill at Pioneer mine 60. President Medvedev visits Petropavlovsk operations in Amur Region SECTOR Nuclear 61. Iranian official sees launch of Russia-built nuke plant August - September 62. Russia, Kazakhstan sign deals on nuclear power cooperation 63. Russia, Kazakhstan to sign nuclear marketing agreement in 2 months SECTOR Power 64. Enel holds investor day in Moscow 65. June 2010: Pressure on Electricity Prices is Building 66. MRSK North Caucasus Meets With Investors 67. MRSK Siberia gives reasons for RAB tariff implementation delay 68. Russia Electricity reform - More clarity, please! 69. Russian power consumption in June up 4.7% y-o-y SECTOR Retail, FMCG, Phrama 70. Bosch und Siemens Hausgeraete launches plant near St Petersburg 71. Castorama to build 15-20 stores in Moscow, Moscow Region 72. Rusnano to help develop new medicines 73. Russia to invest $40 million in developing AIDS, cancer treatment 74. Russia's antitrust starts probe against Novo Nordisk unit SECTOR Telecom, Internet 75. Medvedev threatens action over unpaid internet bills 76. MegaFon to invest RUB1bn in 3G development in Tatarstan 77. Mobile giants ask for transparency in 4G frequency allocation 78. MTS's retail chain increases retail-market share 79. Vedomosti speculates that new internet search engine is to be set up SECTOR Transport 80. NCSP cleared of breaching anti-monopoly regulations 81. NLMK adds to its rail-car fleet NLMK 82. Putin seeks private Airport investors 83. Russian Railways to up 2011 invest to RUB315bn SECTOR Agriculture 84. Ag min sees Russia's annual grain exports up to $5bn by 2013 85. Drought destroys nearly 9mn hectares of grain crops in Russia 86. Grain harvest forecast downgraded 87. Ministry lowers Russia's 2010 grain harvest forecast by 5.6% 88. Raw sugar advances on speculation Russia may increase purchases 89. Russian deputy PM calls for measures to boost bovine meat output SECTOR Automotive 90. Car market to grow 15% in 2010 from 'cash for clunkers' plan - ministry 91. Car sales in Russia up 3% on year in January-June 92. Car sales jump 46% in June 93. Citroen to start assembling cars in Russia on July 20 94. Customs union keeps foreign cars expensive 95. GAZ to sell 50,000 LCVs, 10,000 MCVs in Russia in 2010 96. GM-AvtoVAZ vehicle output up 58% on year in January-June 97. More cash for clunker program 98. New Cars Sales in June: Strong MoM growth 99. Peugeot's sales in Russia down 19.9% on year in January-June 100. Russia's car market to grow 15% in 2010 from 'cash for clunkers' plan 101. Russia's car imports down 15% on year in January-May 102. Russia's Sollers sales rise 29% on year in January-June 103. Toyota to recall 4,000 Lexus vehicles in Russia - company SECTOR Aviation and defence 104. Aeroflot: Boeing 767s to be replaced with Airbus A330s 105. Antonov, U.S. firm to bid for tanker deal 106. "Flying" Russian battle tank can penetrate all types of armor 107. Israel ready to produce drones jointly with Russia 108. Putin outlines proposals on developing Russian airport sector 109. Russia in airlines boom, passengers up 32% in 5 months 110. Russia needs more flying tankers for its Air Force 111. Russia set to buy Mistral with transfer of French technologies 112. Russia to test-launch 10-12 ICBMs a year through 2020 113. Russia to upgrade 200 Soviet-era tanks for Libya 114. Russian combat aircraft makers fear competition with China 115. Sukhoi Superjet's engines fail certification test - paper 116. UAC ready to resume An-124 production if 40 planes ordered SECTOR Media 117. CTC Media's June audience share driven by successful investments into Domashny's new content SECTOR Coal 118. Coking coal on the Russian spot market appreciated by 28% to USD 193 per ton, following the global trend and a coal deficit 119. EVRAZ plans to launch production at Mezhegey in 2015 SECTOR Chemicals, Fertliser 120. Chemicals: Monthly surveillance 121. Sibur JV to start building PVC plant in Nizhny Novgorod Region soon GOVT REFORMS, REGULATIONS, ECONOMICS, REGIONS 122. Auto producers to benefit from customs union 123. Government approves commissioning of 28.3 GW of new capacity through 2017 under CSA 124. Government extends 'last mile' agreement between MRSKs and FSK 125. Putin proposes canceling property tax on airports UKRAINE INVESTMENT 126. Ukrainian cabinet proposes 840 projects to foreign investors 127. Agricultural Ministry to subsidize sugar beet farmers at UAH 1,000/ha 128. Astarta increased number of cows by 10% to 11 thsd head 129. Azovmash increases its railcar casting capacities 130. Bohdan increased its output of buses and trolleybuses by 175% 131. Coking coal output down, coke production up 132. Court suspends Environmental Protection Ministry order against Regal Petroleum 133. DTEK Trading wins auction for coal supply to Zakhidenergo 134. Iron ore output up 36% y-o-y in 1H10 135. MHP to build breeding farm in Donetsk region 136. MMK Ilyicha to increase output 25% in July 137. Oranta Insurance reports $0.2m net profit for 1Q10 138. Steel prices stabilize, input costs dropping 139. Thermal gencos' output up 10.1% in 1H10 140. Ukraine decreased June coke output by 15.3% MoM 141. Ukraine decreases coke output by 15.1% 142. Ukraine in talks with Russia, EU over building gas pipeline 143. Ukraine's Fuel and Energy Ministry assesses realization of oil and gas extraction projects at $842mn 144. Ukraine's parliament adopts law on public-private partnership 145. Ukrzaliznytsia railcar procurement tenders coming soon KAZAKH INVESTMENT 146. Eurasian Devt Bk, VEB ink deal on loan for Kazakh power plant 147. Industry Ministry to consider Pavlodar regional investment projects 148. Kazakhstan approves first Business Road Map- 2020 project 149. Kazakhstan expects 2010 grain harvest to drop by third after record 2009 150.