The Association of European Businesses represents and promotes the interests of European companies conducting business in and with the Russian Federation.
The AEB carries out activities to improve the Russian business and trade environment and to promote economic integration and partnership between the Russian Federation and the European Union.
The AEB Position paper regarding the Draft Law “On the Amendment of RF Federal Law “On Industrial and Consumer Wastes” and other RF Legislative Acts in Terms of the Provision of Economic Incentives for Waste Management”
Today, particular emphasis is placed worldwide on matters of efficient waste management. In the Russian Federation, a draft law on the Amendment of RF Federal Law “On Industrial and Consumer Waste” and other RF Legislative Acts in Terms of the Provision of Economic Incentives for Waste Management has been drawn up and passed the first reading.” Hence, the AEB has prepared a position paper in Russian and English on this issue.
The AEB Board re-elects Mr. Reiner Hartmann as Chairman. The Elected Deputy Chairmen are Mr. Roger Munnings and Mrs. Olga Bantsekina. Gerald Sakuler is elected as the Deputy Chairman with responsibilities of Treasurer. For more information, please see the press release.
Briefing by Mr. Igor Artemiev, Head of the Federal Antimonopoly Service of the Russian Federation
On April 27th, 2012, a briefing by Mr. Igor Artemiev, Head of the Federal Antimonopoly Service of the Russian Federation, dedicated to parallel import issues took place at the AEB Conference Centre. Mr. Nurlan Aldabergenov, Minister for competition and antimonopoly regulation of the Eurasian Economic Commission, and high-ranking FAS officials also took part in the discussion with AEB members. The meeting was moderated by Mr. Eugene Arievich, Chairman of the AEB Intellectual Property Sub-Committee, and Frank Schauff, the AEB CEO.
THE AEB BOARD AND AUDITING COMMISSION ELECTIONS RESULTS
On April 19th, 2012, the AEB Annual General Meeting 2012 took place. We are proud to officially announce the results of the elections to the AEB Board and Auditing Commission (in alphabetical order).
The AEB Board:
Olga Bantsekina, Coleman Services UK Ltd
Christian Becker, HeidelbergCement RUS
Reiner Hartmann, E.ON Ruhrgas AG
Jon Hellevig, Awara Group
Jeroen Ketting, Lighthouse Russia B.V.
Roger Munnings, Individual Member
Philippe Pegorier, Alstom Russia
Gerald Sakuler, Bene Office Furniture AG
Vesa Vertanen, Itella Logistics
The AEB Auditing Commission:
Marco Koschier, Deloitte
Roman Semiletov, HeidelbergCement Rus
Gerard Uijtendaal, Concept Training and Development
Mr. Ivan Grachev, the Chairman of the Russian Federation State Duma committee on Energy meets with members of the AEB Energy and Energy Efficiency committees
Mr. Ivan Grachev, the Chairman of the Russian Federation State Duma committee on Energy met with members of the AEB Energy and Energy Efficiency committees on the 10th of April, 2012. For more information about this meeting, please see the brief report in English and Russian.
Open meeting with Mr. Konstantin Romodanovsky, Director of the Russian Federation Federal Migration Service
On April 3, 2012, the AEB Migration Committee held an open meeting with Mr. Konstantin Romodanovsky, Director of the Federal Migration Service. During the meeting, representatives of the FMS briefed the audience on further development of Russia’s migration policies. The participants also discussed recent practices with regards to implementation of Russia's agreements France, Korea, Belarus and Kazakhstan, work permit applications and other peculiarities of legal status of highly qualified specialists and their family members, etc. It was agreed that the FMS and the AEB will continue an intensive dialogue on migration related issues.
The board of directors of TMK, Russia's largest producer of steel pipes for the energy sector, has recommended its annual shareholder meeting, scheduled for June 26, to vote to pay dividends for 2011 at 2.70 rubles ($0.086) per share, a 218 percent increase year-on-year, the company said in a statement on Friday.
A successful initial public offering of the world's largest social network Facebook will influence positively on cost of shares of Russia's Mail.ru Group, which holds a stake in Facebook, analysts polled by RIA Novosti said on Friday.
The Indian government has approved an agreement to build a $7.6 billion pipeline from Turkmenistan to deliver gas to India, the Times of India reported on Friday.
The European Bank for Reconstruction and Development (EBRD) maintained its forecast for Russia's 2012 gross domestic product growth at 4.2 percent, the bank said on Friday.
Mexico's Interjet airline may take up an option to buy 20 Sukhoi Superjet 100 airliners in addition to the 15 planes previously ordered, Astro Noticias news portal reported on Friday quoting Interjet Board Chairman Miguel Alemàn Velasco.
The yield on Italian and Spanish 10-year sovereign bonds rose beyond six percent on Friday after Moody's rating agency downgraded ratings for 16 Spanish financial institutions.
Russia's largest car maker, AvtoVAZ, saw 2011 net profit jump 86.2 percent year-on-year to 6.7 billion rubles ($213 million) to IFRS, the firm said in a statement on Friday.
Russia's Summa Group may buy 56 percent of the Vladivostok based FESCO Transportation Group from businessman Sergei Generalov for about $1 billion to establish a land-shipping company, Kommersant business daily reported on Friday quoting market sources.
Russian stocks continue falling on Friday, hitting fresh lows as investors deserted emerging markets amid political uncertainty in Greece and the European debt crisis.
A prominent Russian bank apologized to a man who lost his legs and genitalia due to army hazing for allegedly withdrawing a pre-approved loan upon seeing him, media reported.
Russian stocks closed deep in the red on Thursday, hitting fresh lows as political uncertainty in Greece and Europe’s lingering debt crisis prompted investors to dump riskier assets.
Russia may install foreign manufactured weapon systems on combat helicopters exported to other countries, acting deputy prime minister Dmitry Rogozin said on Thursday.
U.S.-based energy services major Halliburton has won a $95 million tender from Gazprom Neft, the oil arm of Russian gas giant Gazprom, to test and complete 11 wells at the Badra oil field in Iraq, the Russian company said on Thursday.
Russia will continue cooperation with the UK in providing legal support for the interests of Russian companies listed on the London Stock Exchange (LSE), Prime Minister Dmitry Medvedev said on Thursday.
Russian antivirus company Kaspersky Lab, headed by Evgeny Kaspersky, and its subsidiary InfoWatch, managed by his wife Natalya Kaspersky, will split into two separate businesses, Kaspersky Lab said on Thursday.
Russian stocks hit fresh lows in Thursday afternoon trading as political uncertainty in Greece and Europe’s lingering debt crisis prompted investors to dump riskier assets.
Russia's United Aircraft Corporation (UAC) plans to set up a standalone division to produce military transport aircraft, Acting Vice-Premier Dmitry Rogozin said on Thursday at the fifth Heli Russi international helicopter exhibition in Moscow.
Russian small-arms company Izhmash, which produces the famous Kalashnikov assault rifles, is to produce Kalashnikov fashion clothes under its world renowned brand, Life News Online reported on Thursday.
On April 27th, 2012, a briefing by Mr. Igor Artemiev, Head of the Federal Antimonopoly Service of the Russian Federation, dedicated to parallel import issues took place at the AEB Conference Centre. Mr. Nurlan Aldabergenov, Minister for competition and antimonopoly regulation of the Eurasian Economic Commission, and high-ranking FAS officials also took part in the discussion with AEB members. The meeting was moderated by Mr. Eugene Arievich, Chairman of the AEB Intellectual Property Sub-Committee, and Frank Schauff, the AEB CEO.
Mr. Ivan Grachev, the Chairman of the Russian Federation State Duma committee on Energy met with members of the AEB Energy and Energy Efficiency committees on the 10th of April, 2012. For more information about this meeting, please see the brief report in 
On April 3, 2012, the AEB Migration Committee held an open meeting with Mr. Konstantin Romodanovsky, Director of the Federal Migration Service. During the meeting, representatives of the FMS briefed the audience on further development of Russia’s migration policies. The participants also discussed recent practices with regards to implementation of Russia's agreements France, Korea, Belarus and Kazakhstan, work permit applications and other peculiarities of legal status of highly qualified specialists and their family members, etc. It was agreed that the FMS and the AEB will continue an intensive dialogue on migration related issues.
