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10.03.2009, 15:28

Federal budget deficit pressures regions on outlays

The Federal budget deficit will mean regions dependent on Federal support will need to curtail expenditures. That’s likely to see projects delayed as the money runs out.

10.03.2009, 10:35

Reindeer industry braces for downturn as export orders slump

90% of agriculture in Russia's Yamalo-Nenets Autonomous district is based on reindeer breeding, making it the main source of income for the indigenous Nenets people. But the industry is being hit by the economic crisis.

10.03.2009, 10:20 1 comment

Nord Stream waits for Swedish decision on environment

Sweden is still blocking approval of the vast Nord Stream pipeline, claiming more ecological tests are necessary before it can allow construction through its economic zone.

03.05.2010, 09:08 4 comments

New players open menus on Russian fast food market

Russia's fast food market has shown huge growth over the past decade, with international and local players alike reaping in the benefits. Some local expats have come to the market looking to take a seat at the table.

01.07.2009, 22:57 2 comments

University leavers graduate to the unemployed queues

400,000 school and university students graduate this week. Many will go straight into the ranks of the unemployed. The head of the national jobs agency warned RT now is the worst time for young people to look for work.

16.02.2009, 10:24

Global players in Russian telecoms look to longer term

The current financial crisis has prompted speculation about the future of consolidation in Russia's mobile telecommunications market, with several local operators recently acquiring retail outlets and internet companies.

02.05.2009, 10:42 1 comment

Matrix model sees shared office costs as answer to crisis

Moscow offices are thinning out, with two-thirds of new business centres standing empty as firms economise. But the developers loss is an opportunity for one entrepreneur.

07.06.2010, 17:41 1 comment

X5 to cut prices in Perekrestok chain

X5 retail group will cut prices by an average of 20% on many goods in its Perekrestok supermarket chain in order to stem a drop in shoppers.

Image from novate.ru 12.10.2010, 17:15

Electonics retailers look to rebound from horror recession

The Russian electronics and mobile phone retail sector was hammered by the economic and crisis during 2008–2009, and is only now looking to recover growth.

02.03.2009, 17:05

Vimpelcom appoints new CEO

Russian telecoms provider Vimpelcom, has appointed former Telekom Austria Chief, Boris Nemsic, to replace outgoing CEO Alexander Izosimov.

Bad debts draw proposal for greater state regulation

Published: 10 March, 2009, 19:58


Painting by Steve Dininno

Russia's love affair with credit seems to have come to an end with the economic downturn. But debt recovery agencies are busier than ever – and some think it's now time to regulate them.

 
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