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Russian military helicopter crashes in Baltic Sea, two pilots dead

Russian military helicopter crashes in Baltic Sea, two pilots dead

A Russian military helicopter crashed over the Baltic Sea during a training night flight, in which two pilots were killed as reported by the Russian army on Friday. The Russian helicopter crash took place in the Russian region of Kaliningrad, sandwiched between Poland and Lithuania at 20:30 GMT on Thursday night. Russian Baltic Fleet issued […]

Japan Tobacco to acquire Russian tobacco company Donskoy Tabak for $1.6bn

Japan Tobacco to acquire Russian tobacco company Donskoy Tabak for $1.6bn

Cigarette industry news : Japan Tobacco (JT), a Japanese government-controlled cigarette manufacturing company has made a deal to acquire Russian tobacco company Donskoy Tabak (DT) for about RUB90 billion ($1.6 billion). Japan Tobacco acquisition of Donskoy Tabak is to help the Japanese firm to strengthen its leading position in Russia, which is among the top […]

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ADM to acquire 50% stake in Russia’s Aston’s syrups and starches business

ADM to acquire 50% stake in Russia’s Aston’s syrups and starches business

Food acquisition news : US food processing company Archer Daniels Midland (ADM) has struck a deal to acquire a stake of 50% in the starches and syrups business of Aston Foods and Food Ingredients, a Russian food company. The financial details of the deal have not been disclosed. As per the terms of the deal, […]

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VTB Group buys 29.1% stake in Russian supermarket chain Magnit for $2.45bn

VTB Group buys 29.1% stake in Russian supermarket chain Magnit for $2.45bn

Retail acquisition news : State-controlled Russian bank VTB Group has agreed to buy out a 29.1% stake in Russian supermarket chain Magnit for a sum of nearly RUB 138 billion ($2.45 billion) from its owner and founder Sergei Galitsky. Established in 1994, Magnit has emerged as a leading Russian food retailer with a total of […]

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Russia plane crash : 71 killed as Saratov Airlines flight #6W703 crashes after take off

Russia plane crash : 71 killed as Saratov Airlines flight #6W703 crashes after take off

Russia plane crash : In a deadly air accident, a Russian passenger plane crashed minutes after its take off from the Domodedovo Airport in Moscow on Sunday afternoon, reportedly killing all the 71 people on board. The ill-fated aircraft involved in the Russia plane accident belonged to Saratov Airlines, which crashed about 80km of Moscow, […]

Saint Petersburg blast : Four people injured in explosion at supermarket

Saint Petersburg blast : Four people injured in explosion at supermarket

A blast occurred at supermarket in the Russian city of Saint Petersburg that injured several people on Wednesday. Officials said that a probe was launched for attempted murder after an unidentified object exploded and four people have been hospitalized. The blast took place in a supermarket northeast of the city centre. As per the primary […]

Russian man dies while posing for photo after he removes pin from grenade

Russian man dies while posing for photo after he removes pin from grenade

A man in Russia died accidentally while he posed for a photo by removing pin from the grenade which he shared with his friend before it went off within moments. The deceased man was identified as Alexander Sasha Chechik and police suspect that the man did not expect the grenade to detonate until he threw […]

Train bus collision in Russia kills at least 16 people

Train bus collision in Russia kills at least 16 people

At least 16 people were killed when a train collided with a passenger bus that had broken down on a level crossing east of Moscow on Friday. According to latest reports, Russia’s Investigative Committee said that 16 people were killed in this incident whereas the head of the regional health service previously said that 19 […]

CEFC China Energy to buy $9.1bn worth stake in Russian oil giant Rosneft

CEFC China Energy to buy $9.1bn worth stake in Russian oil giant Rosneft

Energy acquisition : In the latest oil and gas industry news, CEFC China Energy Company has agreed to buy a stake of 14.16% in Russian oil giant Rosneft Oil Company for $9.1 billion from the consortium of Swiss mining company Glencore and Qatar Investment Authority (QIA). The acquisition of the Chinese oil and gas company […]

Student attacks teacher with gun in Russian school

Student attacks teacher with gun in Russian school

A 15-year old student attacked his teacher and opened fire using an air gun in a full classroom in suburb of Moscow. Russian investigators confirmed that a boy attacked his teacher in a classroom in Russian school. This school was located in the suburb of Ivanteyevka. The boy walked into the full class room today […]

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