ICT Holding News

Timken Signs Joint Venture Agreement With United Wagon Company (UWC) to Strengthen Presence in Key Rail Market
25.03.2014 |

CANTON, Ohio, March 24, 2014 /PRNewswire/ -- The Timken Company (NYSE: TKR; www.timken.com) has entered into an agreement with United Wagon Company (UWC), a leader in building, leasing, engineering and servicing freight cars in Russia, to establish a joint venture (JV) to manufacture Timken(R) AP-2(TM) rail bearings in Russia. The JV will advance the safety, reliability and efficiency of the local rail industry, equipping customers' freight cars with premium Timken bearings. The JV is contingent upon various regulatory approvals and other commercial and customary conditions.


Russia's Nesis buys stake in real estate firm - source
17.02.2014 |

Feb 17 (Reuters) - Russian tycoon Alexander Nesis' investment company ICT Group will close a deal by the end of the first quarter to buy about 25 percent of real estate investment firm O1 Properties from owner Boris Mints, a source close to the deal said.


Billionaire Bets on Rare-Earth Metals After Uralkali Exit
30.10.2013 |

Billionaire Alexander Nesis made a fortune from gold, silver and banking. His next target: producing rare-earth metals from material discarded as Russia developed an atomic bomb in the 1940s.


ICTH and Oleg Miserva established a joint company to develop modern manufacturable coal mining production in the Far East of Russia and to export coal to the countries of the Asian-Pacific Region (APR)
10.10.2013 |

The joint enterprise (East Mining Company LTD) has united the partners' coal assets located on Sakhalin and in Magadan Region.

The company is going to focus on development of Solntsevskoye coal deposit and other deposits in Sakhalin Region. The deposits contain considerable reserves of power-generating coal being in a steady demand in APR. Having been implemented, the project will allow the enterprise already working successfully on the basis of the said deposit to increase its yearly output from today's one and a half million tonnes to five million to 2016.


Wagon component joint venture
12.09.2013 |

US rolling stock component and braking equipment manufacturer Wabtec Corp signed a joint venture agreement with United Wagon Co at the Expo 1520 railway show at Shcherbinka on September 12, paving the way for the introduction of new technology in the Russian and CIS rail freight markets.


Wagon component joint venture
12.09.2013 |

US rolling stock component and braking equipment manufacturer Wabtec Corp signed a joint venture agreement with United Wagon Co at the Expo 1520 railway show at Shcherbinka on September 12, paving the way for the introduction of new technology in the Russian and CIS rail freight markets.


Russia to invest $1 billion in rare earths to cut dependence on China
10.09.2013 |

Russia will invest $1 billion in rare earths production by 2018 in a bid to become less dependent on China, which controls more than 90 percent of global supply of the elements used in sectors including defense, telecommunications and renewable energy.


Incubator behind Polymetal's move to London
02.11.2011 |

The mining group founder talks to Michael Kavanagh about why he has set his sight on the FTSE 100.


Billionaire Alexander Nesis reveals why Polymetal is listing in London
03.07.2011 |

In his first on-the-record interview with the Western media, ICT president and billionaire Alexander Nesis reveals why he is listing in London.


Uralkali, Polymetal Investor to Pay $1 Billion for Railcar Plant
02.12.2010 |

Russian billionaire Alexander Nesis, an investor in OAO Polymetal and OAO Uralkali, plans to spend $1 billion on a railcar-factory project to meet domestic demand for transporting raw materials from mines and smelters.


Pages: Prev. | 1 | 2 | 3 | 4 | Next