Subscription and demo access

About Interfax
Press Releases
Products & Services
Contact us
Customer Login


01/17 14:20   Investigative Committee has proved effective in 7 years of work - Bastrykin
01/17 14:17   Syrian National Dialogue Congress planned dates remain Jan 29-30 - Mistura's adviser (Part 2)
01/17 14:16   Teenagers who attacked Perm schoolchildren with knives to undergo psychiatric examination - source
01/17 14:14   U.S. to present new Syria peace initiative - Syrian opposition member
01/17 14:07   Memorial reports arson at Ingushetia office
01/17 14:03   Student stabs classmate in Chelyabinsk region
01/17 14:00   MICEX and RTS Indexes at 14:00 MSK
01/17 14:00   Russian CEC ready to bar U.S. diplomats from monitoring presidential election - member
01/17 13:58   Investigative Committee finds additional evidence refuting Rodchenkov's allegations of doping test samples' replacement in Sochi (Part 2)  |  Interfax news  |  Moscow press review for November 29, 2017

News headlines

November 29, 2017 09:22

Moscow press review for November 29, 2017

MOSCOW. Nov 29 (Interfax) - The following is a digest of Moscow newspapers published on November 29. Interfax does not accept liability for information in these stories.


President Vladimir Putin has announced a "reboot" of Russia's population policy due to the deterioration of the demographic situation in the country. New measures include the extension of maternity benefits to 2022, a monthly benefit equivalent to 30% of the average wage to families with a first child and co-financing of mortgages for families with more than one child. Spending on the program will be limited to 200 billion rubles in 2018-2020 (Kommersant, p. 1; Vedomosti, p. 4).

Russia might set up a new fund for investment abroad for companies that will help exporters win foreign markets. The fund of 20 billion rubles, proposed by the Russian Export Center, Russian Direct Investment Fund and Industry Development Fund, will acquire equity stakes in projects and companies with a high share of exports in revenue but problems raising loans on debt markets, as well as help small and medium businesses finance adaptation of production for exports (Vedomosti, p. 5).


Rosneft is trying to revive a project to build the Indiga port on the Barents Sea and an oil pipeline to it, which was abandoned 10 years ago due to unprofitability. The state oil major wants to ship oil from the Trebs and Titov fields through it, as it is having a disagreement with Lukoil over the cost of transshipment through its Varandei terminal. Sources said the idea, which would cost hundreds of billions of rubles, is not viable (Kommersant, p. 1).


Billionaires Oleg Deripaska and Vladimir Potanin have given up on the idea of merging UC Rusal and Norilsk Nickel to form a Russian mining and metals giant that would be a global leader on the aluminum, nickel, copper, platinum and palladium markets. They have decided that the companies are different and a merger would not result in synergies, Potanin said (Vedomosti, p. 1).

Interview: Vladimir Potanin, President of Norilsk Nickel (Vedomosti, p. 8).


Russia's Federal Tax Service wants to help resolve the problem of dormant bank accounts by disclosing such information to companies and individuals that file such a request at any tax office. The option could be helpful, as banks often continue charging commissions even on accounts that have not been used for years. But lawyers warned the idea could lead to leaks of confidential information (Kommersant, p. 1).

Russia's largest state and private lenders, Sberbank and Alfa Bank have carried out the first payment transaction using blockchain technology. Mobile provider MegaFon transferred 1 million rubles on November 28 from an account at Alfa Bank to an account of its subsidiary Megalabs at Sberbank and the transaction was verified with four servers. Blockchain dramatically reduces the duration and cost of bank transfers and is expected to cut IT infrastructure costs (Vedomosti, p. 10).


Absolut Group, one of the biggest landlords in Moscow Region, has lost the rights to 47.2 hectares of land in New Moscow in a lawsuit filed by the city's environmental prosecutor. Almost all of the disputed property is covered by a lake. Absolut has property nearby where it planned to build a residential community and having a private lake close by would have increased the price of homes in the development (Vedomosti, p. 11).


Nord Stream 2 CEO Matthias Warnig, a former Stasi member and longtime acquaintance of President Vladimir Putin, has acquired a stake in New Cloud Technologies from the Russian software developer's controlling shareholder Andrei Cheglakov. The company's founder hopes having Warnig as a shareholder will enable the MyOffice developer to hold talks with global technology giants (Vedomosti, p. 10).


Platov Airport near Rostov, the first greenfield airport built in post-Soviet Russia, will be the most expensive in the country. Platov's takeoff and landing fees will be 60% higher than at the city's old airport, air safety fees will be 220% higher and passenger service fees will be 100%-300% higher. The fees, approved by the Antimonopoly Service to the end of 2022, are expected to push up ticket prices (Vedomosti, p. 11).


The launch of a Soyuz-2.1b rocket from Russia's new Vostochny cosmodrome failed to put a Meteor-M2-1 weather satellite into orbit due to a malfunction in the Fregat upper stage. Two commissions have been set up to investigate. A great deal depends on the results of the probes, from decisions to cancel the next launch from Vostochny scheduled for December 22 and conduct a total inspection of Fregat assembly to measures against Roscosmos senior managers (Kommersant, p. 1).


United Shipbuilding Corporation has asked the Russian government to preserve the current mechanism for distributing crab fishing quotas and to keep crab on the list for investment quotas granted for ordering new fishing vessels. Otherwise, USC's Khabarovsk Shipyard could face bankruptcy. Market players have plenty of revenue to order new vessels, but only investment quotas will push them to do so, experts believe (Kommersant, p. 5).

Vp ak

(Our editorial staff can be reached at

You can access a demo version of, receive more information about or subscribe to Interfax publications by filling in and returning the form below. We also have dozens of reports in the Russian language, please indicate if you are interested.



First name:


Last name:


Central Asia & Caucasus Business Weekly
Central Asia General Newswire
Global Gas Analytics
Global Natural Gas Daily
Interfax Via Bloomberg Terminal
Kazakhstan General Newswire
Kazakhstan Mining Weekly
Kazakhstan Oil & Gas Weekly
Russia & CIS Announcements
Russia & CIS Banking and Finance Weekly
Russia & CIS Business and Financial Daily
Russia & CIS Business and Financial Newswire
Russia & CIS Business and Investment Weekly
Russia & CIS Business Law Weekly
Russia & CIS Business news
Russia & CIS Defense Industry Weekly
Russia & CIS Diplomatic Panorama
Russia & CIS Energy Daily
Russia & CIS Energy Newswire
Russia & CIS Events Calendar
Russia & CIS Food and Agriculture Weekly
Russia & CIS General Newswire
Russia & CIS Headline News
Russia & CIS Insurance Weekly
Russia & CIS IT and Telecom Weekly
Russia & CIS Metals and Mining Weekly
Russia & CIS Military Daily
Russia & CIS Military Newswire
Russia & CIS Military Weekly
Russia & CIS Oil and Gas Weekly
Russia & CIS Presidential Bulletin
Russia & CIS Statistics Weekly
Russia Health & Pharmaceuticals
Russia Market Roundup
Russia Press Review
Ukraine Business Daily
Ukraine Business Weekly
Ukraine General Newswire
Please enter the digits from picture in the box below:

January 17, 2018
Memorial reports arson at Ingushetia office
Student stabs classmate in Chelyabinsk region
MICEX and RTS Indexes at 14:00 MSK
Russian CEC ready to bar U.S. diplomats from monitoring presidential election - member
Investigative Committee finds additional evidence refuting Rodchenkov's allegations of doping test samples' replacement in Sochi (Part 2)
U.S. takes part in OSCE election monitoring - embassy in Moscow
AgMin considers grain interventions to be 'harmful', but 'keeping this on standby' (Part 2)
Investigative Committee finds additional evidence refuting Rodchenkov's allegations of doping test samples' replacement in Sochi
State Duma declines bill on 3-day visa-free transit
Yabloko: 105,000 signatures in support of Yavlinsky's candidacy collected
Peskov has no info on work of political technologists in regions to ensure voter turnout in election
UNSC to discuss non-proliferation through lens of confidence-building measures - Kazakh foreign minister
Kremlin never initiated bans on protests in provinces, such decisions within local authorities' purview - Peskov
 more headlines 


Russian Foreign Minister Sergei Lavrov has given an interview to Interfax in which he sums up the foreign policy events of the outgoing year and tells of Russias diplomatic priorities in 2018.

OSCE Secretary General Thomas Greminger has given an interview to Interfax correspondent Margarita Velekhova ahead of a meeting of the OSCE Ministerial Council that will take place in December. Greminger, who assumed his office this July, has told about the OSCE activity amidst the exacerbation of relations between Russia and the West, particularly, the United States, as well as the organizations activity in Ukraine and the agenda of the upcoming Ministerial Council in Vienna.

Famous diplomat and political analyst, last U.S. Ambassador to the Soviet Union Jack Matlock has given an interview to Interfax in which he speaks about the first year of U.S. President Donald Trump in power and relations between Russia and the United States.


 ©   1991—2018   Interfax Information Service. All rights reserved.
contact information   |   Interfax offices   |   made by web.finmarket

News and other data on this site are provided for information purposes only, and are not intended for republication or redistribution. Republication or redistribution of Interfax content, including by framing or similar means, is expressly prohibited without the prior written consent of Interfax.

Browse other Interfax sites:   |   IFX.RU   |   Interfax Group   Rambler's Top100