Category Archives: Economics

Croatia decided to save their economies from collapse of the debtor of the savings Bank

The headquarters of Agrokor company in Zagreb, Croatia

Photo: Antonio Property / Reuters

The Croatian authorities have prepared a bill to protect the economy from possible bankruptcy of the largest private companies in the country Agrokor. Key creditors of group — the savings Bank and VTB

The Croatian government has prepared a bill designed to protect the national economy from problems Agrokor, the largest company in the former Yugoslavia, which provides 15% of GDP, reported Croatian newspaper Jutarnji List, citing senior sources. In a note, not the document settings. Agrokor is the largest employer and owner of agricultural land in the country with a population of 4.2 million people and the largest food producer and food retailer in the Balkans. The government refused to comment on the message Jutarnji List. “This is a private company, and we do everything in our power — said Reuters the representative of the Croatian government. — We are in continuous contact with stakeholders”.

Agrokor unites more than 20 companies and is among systemically important companies of Croatia. In the state group with operations in Slovenia, Serbia, Bosnia and Herzegovina and Hungary has 60 thousand employees. Annual revenue Agrokor makes €6.5 billion ($7 billion). Problems Agrokor, whose interests range from ice cream and mineral water to the olives and mayonnaise, is a serious cause for concern army group suppliers, according to Bloomberg. Bankruptcy Agrokor could cause large-scale financial crisis, according to the Agency.

Poor financial position Agrokor — a consequence of falling profits due to increasing competition with retailers-discounters and aggressive growth strategy. The group acquired the debt-ridden assets, which was taken on the bond market, as well as adhered to the risky strategy of borrowing. The situation worsened in January, after Agrokor are unable to draw another syndicated loan, citing unfavorable market conditions. As a result, the holders of bonds of the company began their urgent dump. In the end, the savings Bank, whose investment in the company has exceeded €1 billion, had to rescue the group and allocate €300 million ($323 million) to settle accounts with vendors, wrote weekly Croatian Vecernji List.

“It all happened very quickly, said Bloomberg Lutz Neumeier, Manager at Landesbank Berlin Investment GmbH, the portfolio of which are bonds Agrokor. — [Owner of the group, Ivica] Todoric missed several opportunities to put the company on more solid financial footing. The savings Bank had to intervene to save the company.”

VTB Bank is the second largest lender Agrokor, according to Bloomberg. In November the Austrian branch of the Bank agreed to a postponement of the date loan repayment Agrokor volume €340 million, follows from materials of the group. Sberbank and VTB owns more than a third of the company’s debt, according to the calculations of Bloomberg. In January, the Croatian newspaper Hrvatska Danas reported that Sberbank may receive up to a 90% stake in Agrokor, if the group does not pay its debts. Now the founder of the group Todoric owns 95% stake in the company. Among other Agrokor creditors — the banks BNP Paribas, Credit Suisse, Goldman Sachs and J. P. Morgan Securities.

Friday, 17 March, Bloomberg, citing sources reported that the savings Bank carries on negotiations with other debt holders about changes in the leadership of Agrokor in exchange for refinancing and maintaining continuous operations of the company. “We will consider jointly with the shareholders of a construction that does not contradict the current legislation and will meet our requirements and the requirements of other key lenders, confirmed a day later the Deputy Chairman of Sberbank Maxim Poletayev. — We have received from shareholders confirmation of their willingness to consider our proposals.” The main creditors with the help of consultants is preparing a liquidity plan for three months, said Poletayev. According to him, after the issue with the current liquidity of the savings Bank is ready to consider the possibility of long-term debt restructuring Agrokor. “We don’t want to manage a company or become its owner and is not considered”, — said a top Manager, quoted by Bloomberg.

“We do not feel able to manage the largest retailer in Eastern Europe. This is the last thing we wanted,” said 21 March, the President of Sberbank German Gref (quoted by Reuters). “We continue to support them, — said Gref. We will do everything that the company survived and solved their temporary problems. There is a plan out of this situation, agreed with us.” Top Manager also denied reports that Sberbank wants to exploit the situation in order to “capture” Agrokor, saying that those who think so, probably “sick manias of all kinds”.

Cigarettes are much more expensive: the government has proposed to equip packs are not cheap chips

The government has proposed another way of dealing with counterfeit tobacco products. The Finance Ministry is preparing a draft law on the labelling of cigarette packs with identification marks similar to those which were imposed earlier in relation to fur products. Experts believe that this idea is not suitable for the domestic market. First, the chipping will raise the cost of cigarettes by at least 5-10%. Second, it is doubtful that it will help reduce the illegal turnover of tobacco products.

photo: Alex geldings

The system of marking cigarettes with special chips proposed to be conducted in parallel with the introduction of the Unified state automated information system (USAIS) for the tobacco industry. According to the head of the Department of excise, Department of tax and customs policy of the Ministry of Finance Nina Nechiporchuk, experts will find a way of integrating these systems. The main thing is to determine what will suit each of them, not to get cross-checking.

With the latter, according to officials, problems will arise. USAIS, well manifested in the process of regulation of the alcohol market, will hinder the flow of illegally produced goods in the legal, retail, and labeling cigarette packs chips will make transparent the movement of goods in other phases of its turnover, from the manufacturer.

The same marking system operates from mid-2016 in relation to fur products. Their manufacturers and sellers also ordered the chipped products to track and eliminate non-certified products. As it helped to cope with fakes, statistics are not yet available, but according to Finance Minister Anton Siluanov, the labelling of fur products brought in an additional budget of 500 million rubles.

The same effect is expected from the tobacco market. However, experts believe that there are serious doubts that the technique of chipping of tobacco products will catch on in Russia. Both financial and technical reasons. The cost of each chip on coats costs manufacturers of fur products in 15-25 rubles. With the cost of the cheapest coats in 30 thousand the price of the chip and the cost of its installation is almost imperceptible to consumers ‘ pockets. As for cigarettes, such “allowance” will hit the pocket.

In addition, the fur in contrast to tobacco products in fact, piece goods, whereas cigarettes are manufactured in-line method. “In our factories is high-speed equipment — machines that produce up to 800 packs per minute. Therefore, the system must be fast enough to process the information and to mark. It should not be too expensive, not to cause growth of prices for products, and should consider the presence of tax stamps and limited space on the pack” — the Director for legal Affairs and unexplorative relations “BAT Russia” Yana Guskova.

According to participants of the market of electronic goods in Russia is theoretically possible to create a system for online provision of chip mass production. “To establish large-scale production of such chips is possible. When circulation of 100 thousand copies the cost of each will be reduced to 5 rubles. The average price of a pack of 100 rubles, this means an increase of 5%. But to supply chips full information about the product — the place and date of manufacture, batch number, the delivery path to the market requires significant technological and human resources, which will increase the final cost of products by 3-5%,” — said the “MK” on condition of anonymity, the Manager of the company for the production of chips.

Moreover, to effectively combat the illegal trade in tobacco marking system cigarettes chips to be embedded in other EEU countries, the products of which account for 60% of the illegal turnover of tobacco products in Russia. To implement it only in Russia is meaningless, because with our neighbours in the European Union we have duty-free trade.

According to the head of the Board of the International Confederation of societies of consumers Dmitry Ioannina, to protect the domestic market from counterfeit tobacco will be quite enough already-proven system yegais and understudies there is no need.

In addition, the Manager of a large tobacco company said the “MK” that no chipping will not help to cope with smuggling, reaching, for example, from Kazakhstan. “The absence of certificates from fur products were detected during spot checks of retail outlets. To organize in the same way the revision of the tobacco tents is impossible in principle” — says the interlocutor of “MK”.

The Duma approved a fine for the import into Russia of more than five litres of spirits

The state Duma in the first reading approved a ban on the import into Russia of more than five liters of alcohol stronger than 28 degrees, if there is no excise stamps. Without this prohibition, domestic companies and the budget suffer losses, said the author of the document

The Russians can start to fine for the importation and transfer of alcohol without excise stamps of the Russian stronger than 28 degrees in the amount of more than five liters. This prohibition is contained in the bill, which the state Duma adopted on Friday in the first reading. According to the document, the fine will amount to 3-5 thousand rubles

Free importation of alcohol by individuals leads to losses of the Russian manufacturers and the budget: the producers are losing competitiveness, and the budget loses revenues because the excise tax for the alcohol not paid, explained the co-sponsor, Senator Sergei Ryabukhin. According to him, a serious competition to the Russian manufacturers is cheap vodka from Kazakhstan and other EEU countries.

Citizens importing alcohol for “gazelles”, arguing that doing it for personal use, said Ryabukhin. Then the unmarked vodka hits the stores, says the Senator. The Deputy from LDPR Sergey Katasonov has confirmed that in his constituency in the Orenburg region “all counters stacked with the Kazakh vodka.” But Katasonov has doubts about the enforceability of this prohibition: customs posts on the borders in the EEU there, said he, but the guards were only interested in the presence of citizens of the prohibited items and substances. The problem is, I agree Ryabukhin, and the interior Ministry and customs will need to restructure their operations, he warned.

The bill was introduced by a group of senators headed by Sergey Ryabuhina after death from poisoning bath concentrate “Hawthorn”. In addition to a ban on the free movement of unmarked alcohol in the country it also prohibits the sale of alcohol-containing liquids through vending machines, and also requires that manufacturers of medical alcohol to connect to the controlling system of USAIS.

The mass poisoning “Hawthorn” occurred in December in Irkutsk region, killing 77 people, and experts found in liquid methanol and antifreeze.After President Vladimir Putin called for tougher trade rules for perfumery and cosmetics and household products containing alcohol.

“We believe every penny”: 20 facts about the Belarusian economy

The participants of the “March of natureade” against Lukashenka’s decree on Constitution Day

Photo: Viktor Drachev / TASS

In mid-February in Belarus protests began against the so-called tax on spongers. On 25 March in Minsk scheduled for the next opposition rally, which could become the largest in recent years. Demands for the repeal of a tax heard in the background of a General dissatisfaction with the course of Alexander Lukashenko. On what is now the Belarusian economy — a review of RBC

  • Belarus GDP falling for the third straight year: in 2015 it declined 3.8% in 2016, by 2.6%, in the first two months of 2017 — 1%.

  • The volume of foreign investments in the Belarusian economy from 2014 to 2016 has decreased almost twice — from $15 billion to $8.6 billion.

  • 75% of Belarusian exports go to Russia and Ukraine, 80% of imports come from Russia and China. The volume of Belarusian exports outside the CIS by the end of 2016 has fallen to the level of a decade ago, while imports over this time has doubled.

  • For all time of existence of the independent Belarus, the country has maintained a negative balance of foreign trade. In 2016, the turnover amounted to $50,97 billion, of which $27,57 billion accounted for the imports.

  • The import of cars to Belarus for the last three years, fell three times, and over the past six years — five times.

  • For the period from 2008 to 2016 in Belarus began to produce ten times smaller trolleybuses, five times less than machine tools, Metalworking and Bicycle four times less than trucks and televisions, two times smaller tractors and shoes, but increased the production of gasoline, fertilizers and beer.

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In Minsk held a “March of angry Belarusians”

In Minsk several thousand people came out to March against decree on parasitism. Participants of the action “the March of the angry Belarusians” demanded the cancellation of the decree “On prevention of social…

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  • According to official figures, since 1996 the country has been the growth of immigration: live and work arrives in Belarus more people from abroad than the leaves. However, this indicator is steadily declining and by the end of 2016 amounted to only 7.9 million people — the worst result over the last ten years.
  • In the zones of radioactive contamination on the territory of the country is home to 1.42 million people, almost one in five of them — a child under the age of 17 years.

  • By types of economic activity by the end of 2015, the first three places in the Republic were industry, trade and education in these sectors has been busy almost every second Belarusian citizen. The state administration was engaged in 185 million people — 4% of total employment in the economy.

  • According to official data, the registered unemployment rate in Belarus is only 0.8%.

  • From 2010 to 2016, the average cost of basic goods and services in Belarus increased four times. By the end of 2016, the increase amounted to 10%.

  • In 2016, the highest growth services baths — for the year from 78%. Increased significantly (25-40%), the majority of utility bills, and has risen in price for cellular services. More than 20% increase in prices on buckwheat, butter, sugar, salt, crab sticks, chocolate, chewing gum, bras, cardiovascular diseases, Newspapers and magazines, pet food, lipstick and matches.

“There is import, which we do not produce. Oranges and tangerines and other infection jumped in price. Previously, for example, bananas cost 10 thousand [non-denominated Belarusian] rubles per kilogram (about $1. — RBC), and have now become more expensive. Who wants bananas — eat 13 thousand I do not eat bananas, and many of you too. Interrupted”. Alexander Lukashenko, 29 Jan 2015

  • For six years the cost of housing at current prices increased 4.3 times. Average cost of 1 sq. m of total area in Belarus — $829 and the most expensive meter is one-room apartments on the secondary market, the cheapest — in the bedroom on the primary.

  • The average salary in Belarus is $384. Highest in Minsk ($542), the lowest — in Mogilev region ($324). Most of the country earn IT-specialists ($1153), the least — employed in agriculture ($270) and education ($271).

  • The average pension in Belarus — $158, from 2014 to 2016, the real size of pensions decreased by 10%.

  • Real monetary incomes of the population from 2014 to 2016 fell by 13%.

  • Belarusians spend 39% of their income to buy food. Most of the spend is on meat and meat products — 11.4%, and on potatoes accounts for only 0.3%.

  • The number of Belarusian citizens who are granted state targeted social assistance is 290 thousand people, over ten years it has grown almost five times. The average payout is $18 per month.

“We have quackery in the economy no, we count every penny. How is today’s economy situation, the way we live. Although if you take the social package, we absolutely do not live worse than others. We dumped the problem on the shoulders of the people. If you raise the salary and to lose to them and housing services, and education and health care, people will not pull. We can’t do that”. President of Belarus Alexander Lukashenko, 17 Nov 2016

  • In 2016, the number of Belarusian tourists who went abroad, fell to 496 thousand people — a third less than the year before. Even in 2005, a greater number of residents of Belarus could afford a trip abroad: then they were 572,4 thousand Despite the sharp decline in demand for overseas travel the number of travel agents and tour operators in the country has increased.

  • Arrive in Republic more foreign tourists in the past five years, their number has increased by 87%. However, in absolute terms, it looks a lot more modest: there are only 217,4 thousand people by the end of 2016. 78.7 percent of them — Russians.


The Central Bank lowered its key interest rate, despite a warning from Putin

The Central Bank announced the decision to reduce the key rate to 9.75% per annum. Information about this appeared on the website of the regulator.

photo: Natalia Muslinkina

This decision, which the Central Bank is not expected to most analysts is due to the fact that “inflation is slowing faster than expected, the slide in inflation expectations and the recovery in economic activity,” according to the website of the regulator.

At the same time, continue to the Central Bank, “inflation risks declined slightly, but remain at an elevated level. In these circumstances, while maintaining a moderately tight monetary policy the inflation target to 4% would be reached before the end of 2017 and will be supported in the future.”

So now the key rate was reduced by 0.25%: recall that in late 2014 because of the collapse in the ruble rate was dramatically increased from to 17% and in subsequent months has declined regularly.

Note also that in the middle of March, Russian President Vladimir Putin has warned from “unfounded and premature” reduction rates, indicating the possible in this regard, inflation risks and, consequently, reduced investment opportunities.

Dmitry Medvedev: the substitution is not an end in itself

Prime Minister Dmitry Medvedev, speaking today at the annual Board of the Ministry of industry and trade, expressed doubts about the willingness of Russians to use vehicles-drones.

photo: Gennady Cherkasov

“Are we ready to ensure that unmanned cars and buses took to the streets? Certainly not ready, — said the Prime Minister in his speech. — Not only from a human point of view but also from the normative. This is a really difficult problem. In this area the normative-legal acts are not docked, some agencies are just afraid.”

Touching upon the problems of the pharmaceutical industry, Medvedev said that the share of domestic drugs from the group vital is 77 percent. But he stressed that import substitution is not an end in itself. “We also plan to use the experience of marking speccialy fur and medicinal products in the footwear,” — he added. The Prime Minister also announced the size of state support of the industry this year to 107 billion roubles.

Road “Plato” will be chosen by the truckers

The government extended the grace period system “Platon”. The rate for heavy trucks changed to 1.91 rubles/km instead of the previously planned 3,06 rbl./km., the corresponding government decree was signed by Prime Minister Dmitry Medvedev.

photo: Natalia Gubernatorova

Someone with “Plato” on the way?

As it turns out, the most honest businessmen approve of this gosiame, but with one good condition.Instead of vehicle tax carriers now pay for each kilometer of travel on the Federal highway. And because of what they themselves want to choose which roads should be repaired at the expense of Plato.

“You need to have a mechanism that allows us to participate in the selection of roads, which primarily should be directed money from “Plato”,” – said the President of the Association “Gruzavtotrans” Vladimirputin at the meeting with Prime Minister Dmitry Medvedev. The leader of movement of motorists “12 tons” Sergei Sapronov added that was in the state system “Platon” dalnoboyschiki to be able to control the quality of the work and expenditure of the Board. “These funds should be repaired and built the Federal highway, as for them, we pay,” – said Sapronov.

Dmitry Medvedev’s reply was not long in coming. Have premiereradio to organize the vote in the Internet on the basis of which a decision will be made on the allocation of funds from Plato.

According to Medvedev, “this will create all the levers for Federal roads which must be repaired this year, and the ability to directly monitor the quality of the work directly from the places of production of works.”

“All my colleagues said that overall the system is needed. Why? Because it helps us to restore the road, on the other hand, shows all who work honestly, vbeluyu, separating them from those who are engaged in unfair competition. And for me it is very important to hear from you, the professionals, because such systems exist in the world, very many countries, but it is important that you realize this,” – said Medvedev.

Who has kept a reduced rate?

Carriers without much hope told the Prime Minister that the abolition of the preferential tariff to gain control over the violators will load it on an honest business that pays for the roads. A position they reinforced the fact that the size of fines is low. Some carriers sometimes easier to pay five thousand rubles, than to obey the law, they say.

“Industry representatives suggested that in the near future to increase penalties for those who avoid paying, who is being unfair, in fact, creates unfair competition in the market. All agree that the system works well, if you really all pay,” – said Deputy Prime Minister Arkady Dvorkovich. According to him, the bill has already been prepared on this subject, but with a slight increase of fines. Gruzoperevozchik say, higher fines should be more, about 10 times the fines should be higher.

“If he is for three days 150 thousand gather up the fines, you probably will think it better to pay in “Plato”, that in fact mean to pay the state in road funds that were restored the roadbed and the Federal highway, but not to pay in the air,” said one of the truckers participating in the meeting.

Carriers are also reminded that the control framework will cover all national highways by this summer. And by this time the powers to prescribe penalties will be transferred from traffic police to the Federal Agency for transport supervision.

On the basis of all these arguments, given smiledlovingly, Dmitry Medvedev took the decision to radically alter plans. Instead of 3.06 ruble from April 15, to the current tariff of the “Plato” of 1.53 RUB will add only 25%. It turns out to 1.91 rubles per kilometer. So the honest entrepreneurs have proven that to hurry with the abolition of privileges is not worth it. First, we need to ensure equal conditions to offenders became less.

How to save money and time?

The aspirations of the carriers did not end there. They recalled that though exempt from vehicle tax, but they have to spend a lot of time to receive this benefit. We will remind that registered in the Plato carriers have the right of deduction from the vehicle tax. Travel on Federal roads for an amount greater than the vehicle tax – are exempt from paying it.

“Many private entrepreneurs themselves, the steering wheel twist, and they run on tax, collect any documents related to deductions to make the transport tax is very difficult. Here I would like to make processamount. Can the operator of the “Plato” and tax between these questions to coordinate and directly to the owner to notify that there had been such an exchange? It is necessary to simplify it all. In electronic form put a tick – all, solved the problems!” – suggested Vladimirputin. In response, the Prime Minister instructed the competent authorities to study the issue that all this happened in a convenient for business order.

Someone to take the wheel?

Surprised premiere the stories of the carriers about the shortage of professional drivers. “The system of training of drivers we have today, in General, no, zero. The accident rate is growing. In 12 sessions we teach on a professional driver – it’s ridiculous. In Finland, only 280 hours on safe driving lay”, – said Vladimir Mutagen.

Dmitry Medvedev gave instructions on how to make these rules more stringent. “Be not offended, we have to get qualified drivers, and not the devil knows who.One thing behind the wheel of cars sit, and by the way, this is also a big and serious problem. Another thing, when we are talking about trucks”, – said the Prime Minister.

What bridges brought “Plato”?

The first funds of the state system “Plato” made it possible to repair thousands of roads in the regions and to accelerate the construction of the bridge 31. This year, for example, will repair emergency overpasses that without the money from “Plato” would be restored in ten years. Complete fees from carriers, in particular, Voroshilovsky bridge in Rostov, Gogol in Petrozavodsk and Bor near Nizhny Novgorod.

At the same time, in addition to the real crossings “Plato” has built a bridge between the carriers and government. Dmitry Medvedev noted that the state system should develop in a dialogue with those who use it. “You the money to pay, you see all its strengths,” said the Prime Minister.

The media learned about the failed transaction for the sale of Ukrainian “daughter” of Sberbank

“Kommersant” reported the unsuccessful attempt of the savings Bank to sell their “daughter” in Ukraine. The deal was blocked “at the presidential level” because of too high prices included in the agreement Lipetsk confectionery factory Roshen, which is owned by Ukrainian President Petro Poroshenko.

photo: Gennady Cherkasov

As it became known “Kommersant”, the main contender for the purchase of “daughter” of Sberbank was President of financial and industrial group DCH group (Development Construction Holding) and the former co-owner of UkrSibbank Oleksandr Yaroslavsky.

Negotiating the selling intensified in December, when they began to participate managing Director ICU (Roshen advising on the purchase and sale of assets of the company) Makar Pasenyuk and businessman Igor Voronov. At the end of January Pasenyuk proposed as part of the sale of the “daughter” of the savings Bank to conclude a “conceptual agreement” which would also include selling the Lipetsk factory Roshen” (LCF).

But in the end, “after the announced value of the LCF of $ 250 million in actual not more than 120-140 million dollars, the negotiations have lost all meaning for the Russian side,” said the interlocutor of the newspaper, representing Russia. According to him, the Ukrainian assets of Sberbank was offered $ 680 million.

Subsequently, the sale of “daughter” Russian banks have been blocked on the “presidential level.” According to interlocutors of the edition, Yaroslavl still retains the interest in the asset and is waiting for new proposals from the seller.

According to the source “Kommersant” in the government, the collapse of the deal in LKF played the role of a catalyst for the introduction by the Ukrainian authorities sanctions against Russian state-owned banks, which, in particular, forbid them to withdraw capital out of the country during the year.

Read the story: Sanctions Poroshenko against Russian banks turned out to be fictitious

Earlier, the head of Sberbank German Gref said that the credit organization has already started to seek options to maximize a quick withdrawal from the Ukrainian market. Gref called the illegal actions committed against the savings Bank of Ukraine “with the connivance of law-enforcement system”.

Recall that in early March, the supporters of the blockade of Donbass threatened to close all offices of the savings Bank in the country after the financial institution announced the beginning of a customer service passports of the breakaway DNI and LC.

Sanctions . Chronicle of events

Kommersant learned about the request of Venezuela to Rosneft on production cuts

Oil production in Venezuela

Photo: Reuters

Oil and gas company PDVSA, has demanded from its partners in the field in the Orinoco belt to cut oil production. Among those who were sent the letter, was “Rosneft”. According to sources, “Kommersant”, we are talking about a complete halt of production

Venezuelan state oil company Petroleos de Venezuela Sociedad Anonima (PDVSA) has sent to its partners, including the Russian Rosneft, the letter with the requirement to reduce the production of hydrocarbons in the Orinoco belt. About it writes “Kommersant” with reference to sources in the industry.

According to the interlocutor of the edition, we are talking about almost a complete halt in production from the projects, the joint venture Petromiranda, where “Rosneft” — 32%, “Gazprom oil” — 8%, and the rest is owned by PDVSA. Also limit the extraction of the Venezuelan company intends on projects Petrourica, which makes the Chinese CNPC and the joint venture with Italy’s Eni Petrojunin.

The source explained that PDVSA has taken such a step since he began to show a negative trend in compliance with the provisions of the agreement on OPEC production cuts, the cartel which peaked in November 2016. According to the International energy Agency, by February 2017, the company fulfilled its obligations to reduce production by only 18%.

“Rosneft” and “Gazprom Neft” has refused comments. Also, the newspaper sent a request to the Russian Embassy in Venezuela, however, at the time of publication of the material response was not received. The Ministry of energy of Russia in conversation with the correspondent of the edition has underlined that the official information on the subject has not yet been received.

JV Petromiranda was launched in 2010. In addition to “Rosneft”, “Gazprom” and PDVSA, it included LUKOIL, Surgutneftegaz and TNK-BP. The total investment was estimated at $20 billion In 2015, LUKOIL and Surgutneftegas sold their shares of “Rosneft” together for 14 billion rubles, the share of TNK-BP went to “Rosneft” after merge.

The authorities have made concessions to truckers in front of the all-Russian strike

Participants of the action against the truckers of the system of payment for travel on Federal highways “Plato”. April 2016

Photo: Anton novoderezhkin / TASS

In anticipation of the nationwide truckers strike the head of the government met with representatives of the industry and has supported a number of their proposals. In particular, the rate in the “Plato” will be raised twice, by 25%

The Prime Minister and the leader of “United Russia” Dmitry Medvedev on Thursday, March 23, met with representatives of several unions truck drivers — this is the first meeting at this level for all time of protests against the system “Platon”, which began in Russia in November 2015. The truckers met the leadership of “United Russia” headed by the Secretary of the General Council of the party Sergei Neverov, he participated in today’s conversation. Although the meeting of Medvedev with the carriers never mentioned the impending nationwide strike of truckers, such steps of the authorities are partly connected with the planned protest, says the interlocutor of RBC in the “United Russia”.

In the beginning of the meeting Medvedev explained that he was approached colleagues from the party and announced the desire “to communicate and discuss the most relevant topics that exist today in the sphere of automobile transportations”, the correspondent of RBC. The Prime Minister himself decided to meet with the truckers, after listened to the report of the Foundation following the meeting of March 22, knows the interlocutor of RBC in the party. According to him, the meeting of United Russia was initiated by the truckers who have addressed themselves to the party. Some of them were prepared to participate in nationwide protests scheduled for March 27.

From the “small and medium business in the field of trucking,” as they described in a statement on the government website, the meeting was attended by the President of the Association “Gruzavtotrans” Mr Mityagin, Director of the Association of conscientious participants of the market of transportations “Everest” Paul Aseev, individual entrepreneur Stanislav Martynov, the General Director of transport company “Transkholod” Kamo Sahakyan and representative of the Association of carriers “12 tons” Sergei Sapronov. Was also attended by Deputy Prime Minister Arkady Dvorkovich and Minister of transport Maxim Sokolov.

After the introduction of the “Plato” there are several associations of drivers of heavy vehicles who do not have a consolidated position and tactics. To meet Medvedev called not all, the selection was eventually invited “loyal”, said RBC source in one of the associations of truckers. A protest on March 27 to organize an Association of carriers of Ukraine (ODA) and inter-regional trade Union of drivers-professionals (MPVP), their representatives at the meeting with the Prime Minister was not. Representative MIMI told RBC that the meeting with Medvedev didn’t hear. “Since March 27, we begin a passive action — refusal of carriage of goods. In Moscow, the action is scheduled for 10 April,” he said.

The meeting participants emphasized that they want to discuss not only “Plato”, but all the problems of the market. “Dumping prices, overcrowding of the market, quotas are immersed in the industry in a decadent state,” he complained to the Prime Minister Mutagen. “The issue of “Plato” relevant but it is not the primary issue at the moment. We have a question associated with weight and dimensional parameters with stratstone, with corruption manifestations that occur on roads, with these fees is to a greater extent people are worried,” he said. According to Oseeva, his Association estimates the “Plato” positive: “She’s really a fundamental thing showed, it’s done a lot for the state and for transport companies: in particular, showed those carriers who are willing to obey the law, work vbeluyu, do not want to pay bribes.” “But there is a contingent that violate sound competitive environment. We, as payers of the system “Platon” and other charges — we pay them. Those who it does not, strictly dumping the freight market, and there is unhealthy competition,” — said Oseev the head of the government.

As reported by Mr Mutagen after the meeting, carriers outlined to the Prime Minister and the Ministry of transport a few suggestions: first, to raise the tariff in the “Plato” is not twice as planned by the government (15 April rate should be increased to 3.06 RUB with the current 1,53 rbl. for 1 km. — RBC), and only 20%. Medvedev supported the idea of reduced indexation of the tariff, proposing to increase it by 25%. “I think we could <…> to stretch and extend the grace period that exists. That is to give at the moment, for a time, from the more rigid solutions that were adopted, and index the rate in the near future for smaller amounts, i.e., 25% to the rate”, — said the Prime Minister at the end of the conversation.

Second, to simplify the scheme for carriers, especially for individual entrepreneurs, the transport tax and the deductions for the “Plato” says Mutagen. Finally, the carriers have proposed to consider the possibility of a differentiated concessionary rate for those who drive long distances. “Many carriers passing short distances, and some 20-30 thousand km in a month wound. To consider this possibility for those who are very many uses of the Federal highway, through a certain amount of time and distance was the opportunity to pay a reduced fare, it would only help the business,” said Matawan at the meeting with the Prime Minister. According to him, Medvedev supported the proposal.