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Economy

Fund for Small and Medium Business Support to be established in Yakutia

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Fund for Small and Medium Business Support with an initial volume of 1.5-2 billion rubles will be established in Yakutia before the end of the year. This was announced by the head of the republic Egor Borisov following a meeting with local producers on Tuesday, says the website of the state bodies of Yakutia.

Eastern Oil and Gas Forum to be held in Vladivostok

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2nd Annual Eastern Oil and Gas Forum will be held in Vladivostok July 5-6. It will be attended by such companies as Gazprom Neft, Gazpromneft-Sakhalin, Gazprom LNG Vladivostok, Amur Energy Company, Gazprom dobycha Noyabrsk, Tuymaada-neft. Organizer - Vostock Capital.

Gold and tin extraction in Ust-Yana discussed in China

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One Belt, One Way International Forum kicked off yesterday in Beijing. Deputy Representative of Yakutia to the Russian Trade Mission in China Stepan Andreev met with the top management of Jiangxi Copper Corporation and Yazuan Investment. The parties discussed the development of tin and gold in the Ust-Yansky ulus.

ALROSA expects to switch to Liquefied Natural Gas

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ALROSA agreed with BELAZ and the German MTU on the development of dump trucks with gas reciprocated engines. During the meeting, a memorandum of understanding was signed. It is about dump trucks operating on liquefied natural gas instead of diesel fuel.

Innovation Support Fund visits Yakutsk

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Recently, representatives of the Innovation Support Fund arrived in Yakutia, whose main mission is the implementation of programs to support small forms of enterprises that produce high-tech products. They inspected the ‘Yakutia’ Technopark, visited the scientific development sites in the republic.

Yakutia establishes business ties with Mongolia

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April 24 - 27 Ulan Bator (Mongolia) hosted XXVII Gateway to Asia International Universal Exhibition, aimed at strengthening trade and economic relations between Russia and Mongolia. The exhibition was attended by organizations from Yakutia.