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Russian President Dmitry Medvedev and Ukrainian...

Russian President Dmitry Medvedev and Ukrainian President Viktor Yanukovych will meet next week to discuss bilateral cooperation, particularly in the gas sector.


Prime Minister Vladimir Putin has criticized...

Prime Minister Vladimir Putin has criticized Russia"s super-rich for their ostentatious spending habits, and urged them to use their wealth to benefit their country.


MOSCOW, March 14 (RIA Novosti) - A consortium...

MOSCOW, March 14 (RIA Novosti) - A consortium of Germany"s RWE and Russia"s Sintez successfully bid $380 million in an auction on Friday to buy a 33.47% stake in the TGK-2 generating company from Russian electricity monopoly UES. The territorial generating company unites assets in five regions of central and northern Russia. The deal brings the UES stake in the company down from 49.36% to 11.38%. RWE is a German electric power and natural gas public utility company. The Russian electricity giant has also sold a 34.06% stake in another territorial generating company, TGK-6, to Integrated Energy Systems (IES holding) for 9.98 billion rubles ($421.3 million). TGK-6 operates in four Russian regions and in Mordovia in the Volga area. Both deals were part of UES reforms in which generating assets are being privatized.

Exhibitions

MOSCOW, August 18 (RIA Novosti) - The Russian...

The Arctic Sea vessel was located 480 kms (300 miles) off Cape Verde on Monday after being missing in the Atlantic for over two weeks. In addition to the 15-person crew, there were eight unidentified people on board.

Anatoly Serdyukov said a speed boat carrying four Estonians, two Latvians and two Russians approached the Arctic Sea in the Swedish territorial waters on July 24.

"The hijackers boarded the Arctic Sea, threatened the crew with weapons and demanded that their orders be followed. The Arctic Sea was following en route to Africa continent with all of its communications and navigation equipment shut down, as ordered by the hijackers," the minister reported to Russian President Dmitry Medvedev.

The eight hijackers were arrested by Russian Navy personnel. None of the crew was injured in the operation, the Russian minister said.

"The investigation into the hijacking is continuing on board the Ladny frigate. We are taking measures to send the crew

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