Cosmetic business Kim Kardashian was estimated at $ 1 billion :: Business :: RBC

Coty pledged to redeem 20% in the model-owned business for $ 200 million. As a result, Kim’s fortune may exceed the capital of her younger sister Kylie Jenner

Kim Kardashian

(Фото: Dimitrios Kambouris / Getty Images)

The company Coty, which owns the brands Max Factor, Wella, Bourjois, Chloé, etc., has entered into an agreement with actress and model Kim Kardashian to acquire a stake in the cosmetics business KKW (Kim Kardashian West) Holdings that belongs to it. Under the terms of the deal, Coty will redeem 20% in KKW for $ 200 million, the deal said.

Thus, the total value of Kardashian’s business is $ 1 billion, the Financial Times notes, according to which Coty received the right to acquire a controlling stake in KKW in the future.

“Kim is truly a cult figure for the whole modern world. She is a visionary, entrepreneur, mother, philanthropist, and in addition, thanks to social networks, she has an unsurpassed ability to connect with people around the world. Its influence, combined with the experience of Coty, will enable us to fully realize the potential of its brands, ”commented Peter Harf, the head of Coty.

Lipstick and pencils, mascara, eye shadow, creams, powder, etc. are sold under the KKW Beauty brand, perfumes are sold under the KKW Fragrance brand. The volume of sales of goods under the KKW brands was not disclosed in the transaction message.

In 2019, Coty acquired 51% in Kylie Cosmetics, owned by Kim Kardashian’s younger sister Kylie Jenner. After that, Forbes magazine named 21-year-old Jenner the youngest billionaire in history, who managed not to inherit his fortune, but to earn capital on his own. Based on an estimate of 51% of Kylie Cosmetics at $ 590 million, the total cost of Kylie Cosmetics was more than $ 1.1 billion. In real time, the magazine estimates Jenner’s fortune at $ 900 million.

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In “Roskosmos” called the cost of the rocket “Angara” :: Business :: RBC

The department noted that additional requirements for reliability are imposed on the Angara: it is created as a rocket for a manned program

Employees in the assembly workshop of the Angara launch vehicle family

(Photo: Sergey Bobylev / TASS)

The contract for several Angara-A5 missiles in the framework of development work was signed based on 5 billion rubles. for one rocket, which is significantly lower than the starting price. This was told to RBC by a representative of the press service of the state corporation Roscosmos.

According to the organization’s representative, before the production relocates to Omsk to the Polet site, the Khrunichev Center is forced to work at two production sites, which creates additional overhead. In addition, the Angara-A5, unlike the Proton, is created as a rocket for a manned program, which imposes additional reliability requirements on it.

In “Roskosmos” indicated that after the start of serial production of a closed cycle, the cost of the rocket will decrease.

The department also indicated that they had embarked on the implementation phase of a new generation of launch vehicles of all classes, from light to super heavy, and would provide their competitive tactical, technical and price characteristics.

Earlier, Kommersant, with reference to the financial report of the Khrunichev Center for 2019, concluded that the production of one Angara-A5 launch vehicle costs 7 billion rubles. This is three times more expensive than the production of Proton-M. At the same time, the publication indicated that by 2024 the cost of Angara could drop to 4 billion rubles.

In total, the Angara family includes three different carriers: the light Angara-1.2, the medium Angara-A3, and the heavy Angara-A5. Roscosmos expects that with their help it will be possible to replace the obsolete Proton-M and Rokot, and mass production will begin in Omsk in 2023.

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“Avtodor” called the fare on the Central Ring Road :: Society :: RBC

For travel on the Central Ring Road will have to pay 2.5 rubles. for 1 km. On Monday, traffic opened on a 23-kilometer stretch from Mozhayskoye to Novorizhskoye highway. Completely the construction of the road should be completed in 2021

Section of the Central Ring Road from Mozhayskoye to Novorizhskoye Shosse

(Photo: Sergey Bobylev / TASS)

The fare on the Central Ring Road (TsKAD) will be 2.5 rubles. for 1 km. According to TASS, the head of Avtodor Vyacheslav Petushenko told reporters about this.

“There are 339 km, multiply by 2.5,” Petushenko said. At the same time, drivers have the opportunity to reduce fares by 20% through the use of transponders, he said.

Last year, Konstantin Lyashkevich, the head of the main department of the road sector of the Moscow Region, named 2.3–2.5 rubles as an indicative price. for 1 km. At the same time, he pointed out that the final decision on the fare on the Central Ring Road should be made by the customer, as well as concessionaires investing in the project.

The fare on toll roads in the Moscow region varies depending on the direction. For example, travel from Moscow to Solnechnogorsk (43 km) on the M-11 highway in the daytime reaches 600 rubles (about 13 rubles per km). At the same time, the next 66 km of the same road will cost drivers up to 270 rubles. (about 4 rubles per km).

Avtodor asked for another $ 15 billion to complete the Central Ring Road

Photo: Sergey Bobylev / TASS

On Monday, a 23-kilometer section of the Central Ring Road from Mozhayskoye to Novorizhskoye Shosse was opened in the Moscow Region. It included both the reconstructed section of the Moscow Small Ring and the new section, which allowed unloading the street network of Zvenigorod.

Last summer, Petushenko promised that there would be no postponements of the construction of the Central Ring Road. However, in February this year, Deputy Prime Minister Marat Khusnullin, who supervises the construction, expressed dissatisfaction with the pace of construction of the highway, which should unload the capital’s roads as well. “I’ll outline all the necessary measures and I will keep this project under control in the staff regime,” he said.

In late January, it became known that the Kazan Telematics company won the tender for the right to create a fare payment system for the Central Ring Road. According to SPARK, Kazan Telematics is 100% owned by NTS LLC (National Telematic Systems), co-owned by Igor Rotenberg, Andrey Shipelov and Alexey Nashchekin.

The Central Ring Road is a new ring around the capital; it is approximately 50 km distant from the Moscow Ring Road and will pass through the territory of the Moscow Region and New Moscow. The length of the route should be about 340 km (it should be completed in 2021), and taking into account the second stage of construction – 530 km. The customer of the route from the state was Avtodor company.

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Mishustin allocated subsidies to banks for preferential car loans :: Finance :: RBC

Photo: gov / VK

Banks will receive subsidies from the state to reimburse expenses on preferential car loans to families with children and medical workers. The corresponding decree was signed by Prime Minister Mikhail Mishustin.

Demand for loans shifted to growth after failure due to self-isolation

Photo: Evgeny Odinokov / RIA Novosti

State support will be given to those banks that offer loans at a discount of 10% of the cost of the car to families with at least one child, health workers and those who have handed over their old car to pay the down payment. Loans should be issued for new cars made in Russia.

“For residents of the Far East, the discount should be 25% of the price of a new car,” the government said.

The authorities also increased the maximum cost of a car that can be taken on credit from 1 million to 1.5 million rubles.

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Mishustin allocated subsidies to banks for preferential car loans :: Finance :: RBC

Photo: gov / VK

Banks will receive subsidies from the state to reimburse expenses on preferential car loans to families with children and medical workers. The corresponding decree was signed by Prime Minister Mikhail Mishustin.

Demand for loans shifted to growth after failure due to self-isolation

Photo: Evgeny Odinokov / RIA Novosti

State support will be given to those banks that offer loans at a discount of 10% of the cost of the car to families with at least one child, health workers and those who have handed over their old car to pay the down payment. Loans should be issued for new cars made in Russia.

“For residents of the Far East, the discount should be 25% of the price of a new car,” the government said.

The authorities also increased the maximum cost of a car that can be taken on credit from 1 million to 1.5 million rubles.

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TUI will reduce 8 thousand jobs to reduce costs

TUI Group published the results of the first half of the financial year (ended March 31), and taking into account these data, as well as the current situation in the world due to coronavirus, the company warned of a planned 30% reduction in costs, including a reduction of up to 8 thousand workers places In total, the company employs more than 70 thousand people.

The financial year began at the TUI Group before the outbreak of the coronavirus, and in the five months that had passed before the introduction of quarantine measures and a self-isolation regime, the company’s turnover grew by 6% compared to the same period of the previous year and amounted to € 6 billion. However, then the actual the suspension of many operations sharply negatively affected the results (.pdf). According to the results of the whole half year, the turnover decreased by 0.6% and amounted to € 6.6 billion, losses increased from € 289 million to € 845.8 million, EBITDA fell 612% and became – € 559.4 million. The company warned that cannot make forecasts regarding the results of the whole year.

Nevertheless, presenting the results, TUI Group CEO Friedrich Ussen said that two months after the almost complete closure of all operations, the company was ready for an early resumption of operations in Germany and Europe. 35% of tours and programs for this summer are still booked. In addition, in the coming days, hotels on the Sylt Island in the North Sea and in Mecklenburg-Vorpommern will open their doors. Hotel reservations for the summer of 2021 increased by 114%, booking cabins on cruise liners, according to the company, “at a normal level.” “The demand for vacations is still very high. People want to travel … This season begins late, but it can last longer, ”said Mr Ussen.

4.3 million coronavirus cases were recorded in the world, 292 thousand people died, 1.5 million recovered. In most countries of the world, a self-isolation regime has been introduced.

Read about how the travel industry is experiencing a pandemic, read in the material “b” “Reflections at the main entrance.”

Alena Miklashevskaya