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February 17, 2009
Russian retailer, Magnit, says it will open about 400 new convenience stores and 6 hypermarkets in 2009.
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January 28, 2009
Alexander Izosimov, Head of Vimpelcom, spoke with RT at the World Economic forum in Davos about the changed Russian business environment, and about how he sees the mobile industry evolving in Russia.
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January 19, 2009
Billionaire majority shareholder of Rusal, Oleg Deripaska, the world largest aluminium maker, will return to the CEO position after being re-elected by the company board.
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December 19, 2008
Development of small and medium size business in Russia's regions may become one of the anti-crisis solutions. The government is calling the regional authorities for practical support, ...
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December 12, 2008
Russia's jewellery business is facing tougher times, but the crisis is the best time for promoting innovation in the business - that’s the message from major jewellery producers meeting ...
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December 08, 2008
Among the government's latest stimulus measures is the move to buy mortgages from banks.
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December 02, 2008
Russian stocks shrugged off some ominous early sentiment, despite little lead from oil and commodities, and with a possible Rouble devaluation hanging over banks and retailers. The RTS added ...
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November 25, 2008
Russia’s regional banks are sending an SOS after failing to get access to State money. They are urging the Central bank to give them credits backed by their real estate. But market watchers say a ...
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November 21, 2008
President Dmitry Medvedev met Thursday evening with Russian oligarchs to discuss how the global financial crisis is affecting the real sector of the economy. The business leaders are looking for ...
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November 11, 2008
Russia's Central Bank has increased its refinance rate by 1 percentage point to 12 percent. The aim is to lower capital outflow and restrict inflation.
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October 31, 2008
Russia’s leading truckmaker, Kamaz, has posted a Net Profit for 1H 2008 of $165 million under IFRS.
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October 22, 2008
The Russian Rouble has fallen to its lowest level against the U.S. dollar in 2 years, after 6 successive days of falls.
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October 14, 2008
Russia’s air flagship, Aeroflot, has seen Net Profit for the first half of 2008 fall 55% year on year to $72 million under IFRS.
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October 10, 2008
The situation on the international markets remains grim as global stocks take yet another plunge. A massive sell-off on Wall Street on Thursday, and the escalating global equity crisis, sent Asian ...
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October 07, 2008
The Russian government wants to triple pensions for less well-off. But it will come at the expense of business which will have to pay higher taxes.
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October 07, 2008
Russia’s Finance Ministry has denied reports in the European media that Russia will loan ?4 Billion to the Central Bank of Iceland. In a statement to Interfax Deputy Finance Minister Dmitry ...
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September 16, 2008
US-based bank Lehman Brothers on Monday filed for bankruptcy after it failed to find a white knight to come to its rescue. Crushed under the weight of a $60 Billion debt, it lost over 70 percent ...
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September 15, 2008
Dmitry Medvedev has promised Russian business there will be no shortage of bank finance. He said the government would minimize the negative impact of the global financial crisis and the military ...
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September 15, 2008
In the major market economies small business is the key driver. In Russia however, it is all too often dependent on the optimism of individual entrepreneurs. But efforts are being taken to create ...
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September 14, 2008
A Siberian solar panel maker is leading a hi tech push by Russian companies to add more value to Chinese exports from Russia, with both the government and industry looking for the private sector ...
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