Confederations Cup: Russia vs Portugal match sold out, says FIFA secretary generalSport April 25, 21:20
Russian diplomat suggests UN should develop strategy to fight fake newsRussian Politics & Diplomacy April 25, 20:16
Putin backs creation of system to promote Russian goods on domestic marketBusiness & Economy April 25, 19:15
OSCE concerned over Russia’s declaring Jehovah’s Witnesses extremist organizationWorld April 25, 19:00
Russia to complete import substitution program for helicopter engines by 2019Military & Defense April 25, 18:39
Government is not going to reject floating ruble rate, Putin saysBusiness & Economy April 25, 18:10
Russian Navy rids itself of dependence on Ukrainian enginesMilitary & Defense April 25, 17:55
Ukraine's refusal to continue military cooperation prompts Russia to create new industriesMilitary & Defense April 25, 17:50
FIFA Secretary General on her mission and expectations from Confederations CupSport April 25, 17:39
MOSCOW, February 27 (Itar-Tass) - Deputy Prime Minister Arkady Dvorkovich said the Baikal pulp and paper mill will be shut down, and that the production will relocate to other companies.
"We've made the decision to phase out the Baikal pulp and paper mill within a year and relocate the production to other enterprises," Dvorkovich told reporters on Wednesday. The Baikal pulp and paper mill was commissioned in 1966. Its output made up some 200,000 tons a year. The state-owned Rosimushchestvo had a 49-percent stake in the company, and the remaining stake belonged to Nikolai Makarov's businesses. Bankruptcy administration was appointed in December 2010 and bankruptcy procedure will last until June 5, 2013, by the ruling of the Irkutsk region arbitration tribunal. On February 7, 2013, the tribunal replaced the company creditor - Alfa Bank and its subsidiaries -- with Vnesheconombank. The Baikal paper mill's debt reaches 1.352 billion roubles.