The MIKON flagship program in the Fram Centre is using both social and environmental sciences to examine how High North industrial development will affect the natural world, regional societies like the Sami and economic activity.

On the backdrop of political chill, trade between Finland and Russia is falling sharply. Also tourism between the countries is in a downswing.

Air carrier UTair is about to establish a company unit in Murmansk, which is to help it conquer the air traffic market in Northwest and Arctic Russia.

Мурманское морское пароходство аннулировало заказ на десять сухогрузов дедвейтом 30.000 т.

The Russian tricolor

Russian economy is on its way out of the recession. Third quarter showed a rising ruble, falling unemployment and growing gross domestic product.

Sberbank Rossii

Nearly 67.000 employees will be fired from Russia’s largest bank Sberbank Rossii in course of the next five years.

The layout of the port and transportation complex infrastructure near Teriberka was an important issue discussed at Thursday’s meeting between Gasprom Management Commottee and the company’s subsidiaries.

Industry in the Barents Region.

The ministers responsible for Enterprises, trade and industry in the four Barents countries will meet in Umeå in northern Sweden on May 18th – 19th.

Timo Lohi, Regional Council of Northern Lapland and Arve Tannvik of Kirkenes Business Association

A new study, evaluating the prospects of an Arctic railway from Rovaniemi in northern Finland to the North-Norway coastal town of Kirkenes, shows a large potential. The estimates conclude that there could be a market for up to 40 daily trains from Finland to the Barents Sea coast.

While cod populations in the Barents Sea thrive, populations in Canada’s nortwest have been reclassified as endangered species after a recent re-assesment.

Ferrochrome melter at the Outokumpu plant.

Outokumpu will spend €440 million at its Tornio plant to increase the production to 530,000 tonnes annually.

Reinertsen Office Building in Murmansk (Photo: Harald Sørensen)

The Reinertsen Company had their biggest surplus ever on their annual accounts of 2009. However, their offshore yard in Murmansk ended up with a deficit of almost 2 million EUR in 2009.

Belomorsk and the White Sea

Russia will build a new port near Belomorsk by the White Sea to boost Arctic shipping capacity.

Aeroflot-Nord at Murmansk airport.

Nordavia plans three weekly flights with an old propeller from Arkhangelsk via Murmansk to the Finnish capital.

The Norilsk-Nickel operated vessel Monchegorsk arrived at the port of Dudinka on Thuesday after a 41 day long round-trip to China via the Northern Sea Route.