On Sunday, April 15, Russia began construction of its first floating nuclear power plant. The country plans to build at least six more despite long-standing environmental concerns that they are vulnerable to accidents at sea.
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Russian President Vladimir Putin signed decree to merge crude and oil product pipeline operators Transneft and Transnefteproduct within five months, Thompson Financial reported on Monday, April 16, quoting Kremlin press service.
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Viktor Vekselberg, Russian billionaire and co-owner of UC Rusal aluminium giant and TNK-BP oil venture, has teamed up with the founder of BHP Billiton Brian Gilbertson to produce jewelry under the famous Faberge trademark, Russian daily Kommersant reported on Monday, April 16.
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Big Finnish forestry and energy companies are releasing plans about biofuel production. Neste Oil and Stora Enso are planning to develop Biofuel production in cooperation. The second largest Finnish Forestry giant, United Paper Mills, is going to make own technical and business solutions. UPM is looking for partners to take care of the distribution of biofuel diesel.
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There have been rumours about Nokia buying Palm circulating for several weeks. Today this subject is on the news again. The stock price of Palm has been rising. This is the second time in a few weeks time. It's probable that something will happen soon. Nokia's President and CEO Olli-Pekka Kallasvuo is spending one week per month in US. He has said, that he will continue to search for a solution and continue with his efforts until Nokia's market share in US is improving.
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Finland is a small and open economy; open for the full invasion of low-cost manufacturing from east and west, south and north. Suomi - Finland is a modern country, the homeland of the mobile phones giant Nokia. Population five million, two official languages: Finnish and Swedish. Globalization means manufacturing is outsourced. The Nokia ecosystem is moving out of the Finnish forests to China, India, Mexico, Brazil, South East Asia. This is no big news. But the question is about what to do next?
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The breadth of executives' social networks with colleagues at other firms plays a crucial role in deciding which tech start-ups will live or die, according to the Management Insights feature in the February issue of Management Science, the flagship journal of the Institute for Operations Research and the Management Sciences (INFORMS®).
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Economic growth across countries from central Europe to central Asia is being driven increasingly by domestic consumption, especially as countries become more prosperous and people seek a higher standard of living, the EBRD says in its Transition Report 2006, issued today.
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