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breakingnews
28.09.2009, 18:22
4 comments
Funding for Russia’s road networks has been trimmed back from original plans with the government now looking to get increased private investment.
28.09.2009, 17:44
Finnish dairy group, Valio, is looking to bolster its presence in the Russian market unveiling two major moves.
28.09.2009, 10:39
Inter RAO UES is looking to invest millions of dollars in a 45 year old Transdniestrian power station, which will increase its access to EU markets if key contracts with Romania are renewed in the coming year.
01.06.2009, 22:02
6 comments
The international monetary fund has issued a new forecast for the Russian economy for this year. It's predicting a sharp contraction, but there's some good news amongst the grim statistics.
29.09.2009, 20:04
5 comments
Russia is preparing for a new wave of privatization according to Prime Minister Vladimir Putin. The move could help not only improve Russia’s budget outlook, but also its image.
22.01.2010, 17:03
2 comments
A sharp rebound in commodity prices has seen Fitch Ratings move Russia’s credit rating from negative to stable, as PwC says Russia could become the largest European economy in two decades.
11.05.2010, 13:59
4 comments
Business RT spoke with Chris Weafer, Chief Strategist at Uralsib about the decision by Eurozone nations to agree to a €750 billion bailout mechanism to protect the European currency.
25.06.2009, 10:46
3 comments
The economic crisis is changing the structure of Russia's population, boosting the number of poor and cutting the middle class. It's part of the World Bank’s forecast for this year - and it just got more gloomy.
07.05.2010, 15:36
3 comments
The US and Russia are gaining traction on an economic rebound, with China posting rudely healthy 1Q 2010 GDP growth. But its time for Europe to get ready for Recession - the sequel.
07.04.2010, 22:38
3 comments
Improving the investment climate, reforming financial infrastructure, and clarifying the tax regime - these tasks are on Moscow's "to do" list, as it bids to become a global financial center.
Published: 29 September, 2009, 09:38
Edited: 07 October, 2009, 06:00
British businessmen are keen to invest in Russia but remain cautious despite promises of rich rewards. Direct investment in the country from Britain fell by nearly 3% in 2008 and is expected to drop more this year.
My advice to any potential investor, please add 20% to your budget as this is the reported amount you will need to deal with corruption, kickbacks and the layer upon layer of bureaucracy. Good luck my fellow Brits