Archive for December 2011

New Year Greetings From Prime Minister Putin   Leave a comment

Prime Minister Vladimir Putin has wished Russians a happy New Year and voiced certainty that 2012 will prove successful economy-wise.

Russia has remained an “island of stability” amid the raging sea of the world economy.

We have generally coped with the aftermath of the crisis, our economic development is picking up the pace, and this instills hope, the Prime Minister has said.

On the political situation in the country, he said that Russia is in the middle of a cycle, with the Duma elections over, while the presidential election race is just getting under way. He wished all Russians, irrespective of their political preferences, well-being and prosperity.

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Highlights of Interview with Gazprom CFO Kruglov   Leave a comment

Russian natural-gas giant OAO Gazprom’s net profit in 2011 will probably rise 25% to $40 billion, Chief Financial Officer Andrei Kruglov said in an interview with Gazprom’s corporate magazine.

Earnings before interest, taxes, depreciation and amortization are expected to rise more than 30% to $60 billion, Kruglov said in the interview.

“The favorable external environment and a strict control of operations will bring the company increased profitability,” Kruglov said.

Gazprom expects higher prices for its gas sales in Europe, as well as higher export volumes, he said.

“Despite the increased tax burden on the gas industry, the company’s finances will continue to improve,” Kruglov said.

Soyuz Space Mission to the International Space Station   Leave a comment

A Soyuz spacecraft carrying a Russian, an American and a Dutchman to the International Space Station blasted off flawlessly from Russia’s launch facility in Baikonur, Kazakhstan on December 21, 2011.

Mission commander Oleg Kononenko and his colleagues, American Don Pettit and European Space Agency astronaut Andre Kuipers are to dock with the space station on Friday.

The blastoff took place without a hitch and the spacecraft reached Earth orbit about nine minutes later. Video from inside the craft showed the three crew members gripping each others’ hands in celebration as the final stage of the booster rocket separated.

The three aboard the Russian spacecraft will join three others already on the ISS, NASA’s Dan Burbank and Russians Anton Shkaplerov and Anatoly Ivanishin. The six are to work together on the station until March 2012.

Happy Holidays • С Новым Годом   1 comment