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  • 28 May 2019 9:19 AM | Vera Dedyulya (Administrator)

    President Shavkat Mirziyoyev signed the Using Renewable Energy Bill into Law. According to the document, producers of renewable energy and renewable energy units within their authority are entitled to:

    • participate in the preparing and implementation of state and other programs in the field of the use of renewable energy;
    • enjoy tax, customs and other benefits and waivers in the use of renewable energy;
    • create local grids (electric, thermal and (or) gas);
    • enter into contracts with legal entities and individuals for the sale of electricity, thermal energy and (or) biogas, produced from renewable energy sources supplied through a local (electric, thermal and (or) gas) grids.

    “Tax and customs waivers can be provided to businesses and individuals when importing renewable energy units, the use of which significantly increases the efficiency of using renewable energy sources,” the document said.

    Renewable energy producers will be exempt from property tax for renewable energy units and land tax on the areas occupied by these facilities (with a nominal capacity of 0.1 MW or more) for a period of ten years from the date of commissioning.

    The law states that the tariffs for electricity generated from renewable energy sources will be set following bids.

  • 16 May 2019 9:00 AM | Alexander Belyasov (Administrator)

    Moscow, May 2019 from February to April 2019, lawyers from Dentons’ Russia Real Estate practice held a series of nine seminars on current leasing issues. These events were attended by more than 600 representatives from top Russian and international companies in the fields of real estate and construction, the hotel and restaurant business, retail and FMCG, financial institutions, professional brokerage services and others.

    The seminars were held in a panel format and included discussions of current cases and controversies, answers to client questions and sharing of practical experience among business representatives, in-house lawyers, brokers and Dentons professionals. The seminars delved into the following topics: execution of a premises lease agreement; lease payment structuring; securing the performance of obligations; limitation of the parties’ liability; works in leased premises; and termination of leases. For each of the topics, special attention was given to tax and litigation issues, which were covered by lawyers from Dentons’ Commercial Litigation and Tax practices. The discussions were based on Dentons lawyers’ considerable hands-on experience with lease transaction support and leasing litigation, along with the experience of participating companies.

    Sergey Trakhtenberg, partner and head of Dentons’ Russia Real Estate practice: “Our team went to considerable lengths to make this series of events as useful and interesting as possible for our clients. We are delighted by the huge turnout for the seminars and the numerous attendees taking direct part in the discussions. This was a classic win-win situation in which all involved, both Dentons' lawyers and our clients, had an opportunity to share valuable expertise on the latest issues affecting the leasing market. The audience engagement, minimum of theories and utmost emphasis on practical experience by all attendees made this series of seminars a notable happening in the Russian legal market.”

    About Dentons

    Dentons is the world's largest law firm, delivering quality and value to clients around the globe. Dentons is a leader on the Acritas Global Elite Brand Index, a BTI Client Service 30 Award winner and recognized by prominent business and legal publications for its innovations in client service, including founding Nextlaw Labs and the Nextlaw Global Referral Network. Dentons' polycentric approach and world-class talent challenge the status quo to advance client interests in the communities in which we live and work.  www.dentons.com

    * 2018 The American Lawyer – Global 100 law firm ranking by number of lawyers.

  • 06 May 2019 4:00 AM | Alexander Belyasov (Administrator)

    Dear CERBA Members and Partners,

    On behalf of CERBA long-standing Member – Antal Russia, we would like to invite you to take a comprehensive survey of salary levels for specialists, managers and leaders in companies across Russia.

    The objective of the survey is to help to analyze the Russian job market and to find out about salaries changes in 2019.

    Please use the following link to take a survey: https://ru.surveymonkey.com/r/ss2019wEN The survey is anonymous and takes about 12 minutes to complete. It is free to participate and you will be emailed the results free of charge. Hurry up! The survey will close soon.

    If you have any questions or comments about the survey, please contact Antal Russia. 

    Thank you very much in advance!

  • 15 Apr 2019 10:31 AM | Vera Dedyulya (Administrator)


    MINSK, 12 April (BelTA) – Belarus' Deputy Minister of Foreign Affairs Oleg Kravchenko paid an official visit to Canada on 8-12 April to attend bilateral ministerial consultations, BelTA learned from the press service of the Belarusian Ministry of Foreign Affairs.

    Canada was represented at the talks by Assistant Deputy Minister Mark Gwozdecky. The parties talked over the state and prospects of the Belarusian-Canadian relations, bilateral cooperation within international organizations, the situation in the Eastern-European region and also Belarus' relations with leading partners.

    The issues of international security, the situation in the European region, the Belarusian-Canadian relations were considered at the meetings with Chairperson of the Standing Committee on Foreign Affairs and International Development of the House of Commons of Canada Michael Levitt and Chairperson of the Senate Standing Committee on Foreign Affairs and International Trade Raynell Andreychuk. At the conference on integration in the Eurasian region Oleg Kravchenko laid out Belarus' initiatives to establish cooperation and further alignment between the regional integration associations – the Eurasian Economic Union and the European Union. The participants of the conference also talked over Belarus' participation in the EAEU with the focus on benefits and advantages for Canada and other western countries regarding the development of cooperation with Belarus.

    Belarus-Canada cooperation in trade, economic and investment sectors was discussed at the talks with CERBA Chairperson Gilles Breton and the management of the Canadian companies interested in cooperation with Belarus.

    Cooperation prospects with the Belarusian State Museum of the Great Patriotic War History were discussed at the meeting with representatives of the Canadian War Museum. 


  • 11 Apr 2019 4:00 PM | Alexander Belyasov (Administrator)

    In March 2019 Bellerage was joined by the Financial Outsourcing and Legal Compliance practices of Alinga Consulting.

    The joint company - Bellerage Alinga - has more than 100 employees in Moscow and St. Petersburg and serves more than 300 clients from different industries.

    “The merger allows us to strengthen our position as price-quality leader in financial outsourcing, as well as significantly expands the opportunities for further growth,” commented Alexander Bykov (Managing Partner Bellerage).


    Chet Bowling (Managing Partner Alinga) added that “Bellerage Alinga should now be rated #7 in the RA Expert Rating, allowing us to challenge the bigger players in the market.”

    Bellerage Alinga provides a wide range of services in the following areas: Financial Outsourcing, Tax Consulting & Audit, Legal Support, and Business Process Automation.

    "This Consulting Business Model, unique to the 2nd tier marketplace, allows us to be perceived by our clients as complimentary to the Big 4. Providing complex business support solutions is our greatest strength, and the merger with Alinga Consulting is yet another step towards our leadership in this area," notes Bellerage Partner Jonathan Tubb (15 years Senior Partner at E&Y and Deloitte CIS).

  • 09 Apr 2019 1:16 PM | Vera Dedyulya (Administrator)

    Image result for kazakhstan flag

    NUR-SULTAN. KAZINFORM - Addressing the nation of Kazakhstan, Head of State Kassym-Jomart Tokayev announced snap election of the President of Kazakhstan, Kazinform correspondent reports. 

    "Dear compatriots, I am addressing each of you! In accordance with the country's Constitution, I made a decision to hold snap election of the President of the Republic of Kazakhstan on June 9, 2019," said Kassym-Jomart Tokayev.

    The Head of State pointed out that on this matter, he had consulted with the Leader of the Nation Nursultan Nazarbayev, the speakers of both houses of the Parliament, the Prime Minister of the country, conferred with the Constitutional Council upon his decision, and met with leaders of parliamentary parties. "The decision on the early elections is crucial and necessary," he said.  


    as per KazInform

    International news agency

  • 03 Apr 2019 11:00 AM | Alexander Belyasov (Administrator)

    Moscow, 3 April – According to Kommersant annual law firm rankings, Dentons was ranked among the best Top 5 law firms in Russia in 23 practices:

    • Antimonopoly law: Disputes (1st place)
    • Antimonopoly law: Consulting (1st place)
    • Commercial: International Trade and Customs (1st place)
    • Commercial: Company Establishment and Foreign Business Development in Russia (1st place)
    • Compliance (1st place)
    • Corporate: M&A (Foreign Assets) (1st place)
    • International Arbitration (1st place)
    • Litigation: Employment Disputes (1st place)
    • PPP (1st place)
    • TMT: Consulting (1st place)
    • Transportation and Logistics: Disputes (1st place)
    • Transportation and Logistics: Automotive (1st place)
    • Private Wealth (1st place)
    • Retail  and FMCG: Disputes (1st place)
    • FMCG: Consulting (1st place)
    • Commercial: Commercial Contracts
    • Energy and Natural Resources: Consulting in Energy Sector
    • Energy and Natural Resources: Disputes in Coal Industry
    • Family Law: Disputes
    • Intellectual Property
    • Litigation: Corporate Disputes
    • Litigation: Property Disputes
    • Tax: Dispute Resolution

    3 Dentons partners were ranked as leading lawyers in their practice areas:

    • Richard Cowie – Corporate/M&A
    • Victor Naumov – TMT
    • Karina Chichkanova – PPP

    Kommersant bases its rankings on the complexity, uniqueness and value of projects handled by the law firms operating in the Russian market.

    About Dentons

    Dentons is the world's largest law firm*, delivering quality and value to clients around the globe. Dentons is a leader on the Acritas Global Elite Brand Index, a BTI Client Service 30 Award winner and recognized by prominent business and legal publications for its innovations in client service, including founding Nextlaw Labs and the Nextlaw Global Referral Network. Dentons' polycentric approach and world-class talent challenge the status quo to advance client interests in the communities in which we live and work.  www.dentons.com

    * The American Lawyer 2018 – Global 100 law firm ranking by number of lawyers.

  • 03 Apr 2019 11:00 AM | Alexander Belyasov (Administrator)

    Moscow, January 2019 – Alexei Zakharko has been elected Russia Managing Partner at Dentons, the world’s largest law firm.  

    Alexei Zakharko commented: “I am honored to be elected to this role. As managing partner, I will focus on further strengthening Dentons’ leading position in Russia in order to meet our clients’ growing needs for top quality legal services and innovation.”

    Alexei Zakharko has extensive experience in acquisitions, disposals, joint ventures, corporate finance and leveraged acquisitions. He also has considerable experience in private equity transactions, port/terminal transactions and bank equity deals. He is ranked as one of the leading lawyers in Corporate/M&A in Russia by Chambers Global, Chambers Europe, The Legal 500 and the Best Lawyers Guide.

    Alexei Zakharko graduated from the Moscow State Institute of International Relations in 2003 and received a law degree from Cornell University in 2005. He joined Dentons’ Moscow office as a trainee in 2002 and worked in the London office from 2007 to 2008. He was appointed partner in 2011 and head of the Energy and Natural Resources practice in 2017.

    Alexei Zakharko takes over leadership from Florian Schneider, who was the Russia Managing Partner from 2012 until 2018. Under Schneider’s leadership, Dentons strengthened its Corporate/M&A, Private Equity, Life Sciences, Capital Markets, Energy, White Collar Crime and Competition practices. In 2014 and 2018, Dentons was named “Law Firm of the Year in Russia” at the Chambers Europe Awards. Florian Schneider will continue working as a partner in the Real Estate and Corporate/M&A practices.

    Tomasz Dabrowski, Chief Executive Officer of Dentons Europe, commented: “Dentons has a powerhouse team in Russia and I am confident that under Alexei’s competent leadership, we will maintain and grow our position as the top international law firm in Russia and CIS.”

    Florian Schneider, Dentons Partner, added: “Alexei’s knowledge of the Russian legal environment, strong leadership skills and commitment to clients will ensure his success in this new position.”

    About Dentons

    Dentons is the world's largest law firm*, delivering quality and value to clients around the globe. Dentons is a leader on the Acritas Global Elite Brand Index, a BTI Client Service 30 Award winner and recognized by prominent business and legal publications for its innovations in client service, including founding Nextlaw Labs and the Nextlaw Global Referral Network. Dentons' polycentric approach and world-class talent challenge the status quo to advance client interests in the communities in which we live and work.  www.dentons.com

    * The American Lawyer 2018 – Global 100 law firm ranking by number of lawyers.

  • 28 Mar 2019 2:29 PM | Vera Dedyulya (Administrator)

    NUR-SULTAN, March 26, 2019 - With the support of the “Kazakh Invest" National Company" JSC, 27 investment projects with participation of foreign capital worth US$ 3.1 billion were implemented in Kazakhstan in 2018. As a result of it about 6 000 jobs have been created. 

    Currently, there are 157 projects with the participation of foreign investors from 26 countries totaling about US$ 40 billion in the monitoring system of the “Kazakh Invest". Implementation of these projects may create about 45 000 jobs.

    Within the regions, the largest number of projects falls on the Almaty region - 27 projects worth US$ 4.1 billion. The top five also includes Karaganda region - 15 projects worth US$ 2.1 billion; Nur-Sultan city - 12 projects worth US$ 4.1 billion; Kostanay region - 12 projects worth US$ 2.2 billion and Aktobe region - 10 projects worth US$ 1 billion.

    There is also a separate list of investors underway, negotiations with them have begun on 180 projects. In 2019, it is planned to ensure the commissioning of 27 projects and attract up to 100 new investors.

    by MFA Kazakhstan

  • 25 Mar 2019 4:35 PM | Vera Dedyulya (Administrator)

     

    According to international media reports, Uzbekistan expects to increase its gold reserves to 430 tonnes between 2020 and 2024 as the country looks to develop its domestic gold deposits. The reports said that purchase could start this year as the central bank plans to buy 81.37 tonnes of gold.

    The increase in gold reserves is part of the plan announced by the State Committee on Geology and Mineral Resources in its draft concept of the development of the geological industry of Uzbekistan for 2020-2024.

    According to the development plan, the country will spend $230 million in exploration and development of new gold deposits. According to production numbers from 2017, Uzbekistan is the world’s ninth-largest gold producer and has the eighth-largest gold reserves.

    The government’s geology department has identified 97 gold and silver deposits.

    The government’s long-term plan would be a significant increase in its gold reserves. In its latest report, as of Jan. 1, the Central Bank of Uzbekistan said that is current gold reserves are valued at $14.64 billion.

    Uzbekistan’s plan comes after central banks bought gold at the fastest pace since in 50 years, according to the 2018 data from the World Gold Council. According to the WGC, last year central banks bought 651.5 tonnes of gold.

    If Uzbekistan meets its five-year target, the central bank’s reserves would be the twelfth largest in the world, just behind the European Central Bank’s official reserves of 504 tonnes.

    By Neils Christensen

    For Kitco News