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breakingnews
19.10.2009, 21:18
With affordable housing being declared a state priority, luxury developments will take a back seat while developers face up to the challenge of providing quality cheap housing.
19.10.2009, 20:42
Ahead of President Medvedev’s signing of key agreements with Serbia this week, Turkey has OK'd the start of South Stream feasibility studies, with key players looking at a construction start late next year.
19.10.2009, 17:07
Major Russian gas and oil pipe producer, TMK, has posted a 1H 2009 Net Loss of $204 million under IFRS.
02.06.2009, 16:07
1 comment
Japanese carmaker Nissan has opened its first production plant near Russia's St. Petersburg.
18.03.2009, 10:22
One of Russia’s main economic zones, the Kaluga region, plans to attract $500 million of foreign investment this year, less than a third of its 2008 total, as the key carmaking industry slows.
10.03.2010, 12:08
Japananese automaker, Nissan, has announced that it will start building its sport utitlity vehicle Murano model in Russia beginning in 2011.
23.04.2010, 17:15
The production processes which fuelled the aluminium boom of the last century have become increasingly less cost effective, and the Rusal Irkutsk smelter is at the vanguard of efficiency improvements.
08.06.2010, 13:03
Avtovaz, through it’s subsidiary, Avtovaz Perscpective, will produce snowmobiles twice as cheap and much slower than other national brands, reports Vedomosti.
19.03.2010, 13:31
6 comments
President Medevev has announced during a speech to young scientists that Russia is to build its equivalent of Silicon Valley in the village of Skolkovo near Moscow.
02.10.2009, 16:28
1 comment
Dubai is known for its oil riches and spectacular architecture, but it craves a return to its old glory, and the origin of its prosperity as the major producer of natural pearls.
Published: 19 October, 2009, 20:28
Edited: 21 October, 2009, 09:17
Mounting losses at Avtovaz, have stakeholders muttering about stemming the losses and bankruptcy, as the company races against time to rev up its range, slash employees, and service crippling debts.
Why is Russia allowing a foreign car company to build a new auto manufacturing plant in Moscow if Russia's own company {autovaz} is going bankrupt and possibly close? This must be something like NAFTA where your country's interest becomes secondary to trade agreements, etc.