The net profit of Norilsk Nickel, calculated in compliance with International Accounting Standards, dropped 23 percent to $315m in 2002, the company's report says. Earnings of Norilsk Nickel were down 29 percent at $3.94bn and gross profit fell 32 percent to $1.343bn.
Norilsk Nickel, which is a part of the Interros holding, accounts for over 20 percent of all world nickel production, for more than 10 percent of cobalt production, about 60 percent of palladium and 20 percent of platinum production. Almost all platinum-group metals produced by Norilsk Nickel last year were exported, including 72 percent in exports to Europe.
The discovery of the submarine has unveiled a few "inconsistencies." For example, how can one explain the fact that the sub was found where it needed to be searched for from the start?
When on a state visit to Singapore, Russian President Vladimir Putin promised to revisit the discussion of the 1956 Declaration between the USSR and Japan regarding the issue of the peace treaty with Japan
The TurkStream, which runs along the bottom of the Black Sea from Russia's Anapa to Turkey, will consist of two lines, each with a capacity of 15.75 billion cubic meters of gas a year