Market Report, "Travel and Tourism in Russia to 2017", published
Inbound tourist volumes expanded at a review-period CAGR of 4.45%, and are expected to increase further over the forecast period at a CAGR of 8.86%.
M&A: Uralchem shareholders reach agreement to buy 20% of Uralkali shares
The shareholders of Uralchem Group reached an agreement in principle on the purchase of shares and GDRs of OJSC Uralkali accounting for 20% of the company's authorized capital including the securities owned by entities of Filaret Galchev and Anatoly Skurov.
URALCHEM has obtained its debut unsecured syndicated loan, totalling US $200 million
The proceeds of the loan have been used to refinance the current syndicated loan deal, concluded in December 2012, under which the Group used assignment of rights on its export contracts as security interest for the loan.
Chess : Aspiring Latvian Kasparov feared 'Kremlin would block travel'
MOSCOW: Russia's former chess champion turned fierce Kremlin critic Garry Kasparov said on Wednesday he was seeking Latvian citizenship, as he feared the Russian authorities would hinder the extensive travel needed in his bid to become the supremo of world chess.