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19.06.2009, 18:51 1 comment

EU Commission warns of worst “within weeks” as EU looks to help fund Ukraine gas

The European Union is preparing to organise a loan to help Ukraine meet its gas bills. Head of the EU Commission, Jose Manuel Barroso, says the EU cannot "sleepwalk" into another gas crisis between Russia and Ukraine.

19.06.2009, 12:55

WTO accession bid gains more business support

Russia’s government has told the country’s top businessmen that it wants to join the World Trade Organization as soon as possible.

18.06.2009, 22:08 1 comment

Parties meet on Ukraine gas debts as storage volume concerns mount

Ukraine is looking to get $4 billion dollars from Europe to assist in buying Russian gas. Naftogaz Ukraine has seen net losses increase 80% year on year in the first quarter of 2009, and needs money to pay its debts.

06.05.2009, 00:52 2 comments

Airline magnate offers to sell Blue Wings stake to Aeroflot for 1 euro

Aleksander Lebedev, is offering his majority stake in Germany’s Blue Wings airline to Aeroflot for just 1 euro, saying it would help the Russian carrier, in which he has a 30% stake, gain a European foothold.

10.06.2009, 17:57

VimpelCom high noon postponed for Telenor and Alfa

The appeal by Norwegian telecoms giant, Telenor, against a $1.7 billion fine has been postponed by a Siberian court until late September.

15.06.2009, 10:08

Sliding global visitor numbers add to gloom for hotels

The number of tourists and visitors to Moscow is down, reflecting hard times faced by the global economy. Annually, tourism brings about 7% of the city's income, and despite the downturn more rooms are needed.

23.06.2009, 10:52

Telenor slams ‘game’ of threatened VimpelCom stake sale

Norwegian telecom, Telenor, facing the possible sale of its stake in Russian mobile operator Vimpelcom by Russian bailiffs to pay a $1.7 billion fine, says the prospect is nothing more than ‘market manipulation.’

20.07.2009, 10:28

Investing in networking: DST CEO, Yuri Milner

Digital Sky Technologies has made headlines with its buy in to global networking phenomenon, Facebook. Business RT spoke with the CEO of DST, Yuri Milner, about the potential of networking in Russia and abroad.

09.09.2009, 23:25

Moscow’s Hotel National joins elite global chain

Starwood Hotels has announced the Hotel National will mark its debut in the Moscow market.

Illustration by Leo Kundas 06.10.2009, 11:34

Telenor and Alfa Group take the long road to a joint venture

One of Russia’s longest corporate battles came to an end on Monday, with Norway’s Telenor set to merge its stakes in Vimpelcom and Kyivstar with those of Alfa Group’s telecoms arm, Altimo.

Carrefour opens up in Moscow for the longer term

Published: 19 June, 2009, 19:09


Europe's top retailer - Carrefour - opened its first hypermarket in Moscow this week at a cost of €8 million. Despite the economic downturn the company plans to open two more shops this year.

 
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