The government commission on foreign investment approved contracts amounting to a total of almost $1 billion on Wednesday, the head of the Russian Anti-Monopoly Service said.
"The deals which we considered today concern engineering infrastructure, processing industry and gold-mining assets," Igor Artemyev said.
"Today's commission meeting may be estimated at approximately $1 billion of direct foreign investment," he added.
Canadian gold-mining Kinross Gold Corp signed a $365 million contract to buy out two goldfields on the Chukotka Peninsula in the Russian Far East.
The commission approved a multimillion dollar contract on the purchase by the Coca-Cola Company of Russian company Nidan Soki.
It approved a merger between Russia's Unimilk and France's Danone. According to the contract, Danone will invest 15 billion rubles ($503 million) into the Russian company. RIA Novosti
