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03.07.2009, 00:09

Pharmacy 36.6 posts 1Q 2009 Net Loss of 648.5 million Roubles

Russian pharmaceutical retailer, Pharmacy 36.6, has posted a 1Q 2009 Net Loss of 648.5 million Roubles under IFRS.

02.07.2009, 23:01

Housing construction withers in the wait for funding

Russia's housing construction sector has been hit hard with the mortgage market needing new sources of capitalisation before it can become affordable enough to boost building.

02.07.2009, 22:59 1 comment

Gazprom pitches South Stream to the Turks

Gazprom is in talks to build the vast South Stream gas pipeline to the EU through Turkish waters. Moscow wants to bypass unreliable transit states, but experts told RT Turkey will become a "Second Ukraine."

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.

Business education hits a wall as MBA applicants opt elsewhere

Published: 09 July, 2009, 21:57


The demand for Russian MBA’s has slumped 50% this year, despite the introduction of discounts and flexible scheduling, with the economic downturn putting pressure on business education.

 
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