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breakingnews
23.11.2009, 20:56
A government meeting on Tuesday will discuss a rescue plan for Russia’s beleaguered domestic carmaking industry, with a Boston Consulting Group report saying it needs foreign partners, import protection and $22 billion.
23.11.2009, 14:21
Russia’s largest cosmetics and perfumery producer, Kalina, has posted a 9M 2009 Net Income of $13 million under IFRS.
23.11.2009, 10:14
The economy was central to Russian Prime Minister, Vladimir Putin’s, St Petersburg address to 600 delegates of United Russia, as he noted pressing issues remain.
21.08.2009, 16:11
1 comment
Russia is in the middle of a horse racing boom, with the number of horse racing clubs in the Moscow region tripling over the last 5 years.
16.07.2010, 17:54
1 comment
This years drought is focusing concern on Russian agriculture, with crop forecasts being slashed, but meteorologists say climate change could make them a common occurrence.
29.05.2009, 12:23
Russian Railways has lost its monopoly on Russian cargo shipments. The company’s market share has fallen to 49% in the first quarter of the year.
31.07.2009, 14:31
President Medvedev of Russia and President Rahmon of Tajikistan have opened a new hydro-electric plant in the Pamir mountains, which will make the Central Asian state self sufficient in electricity.
25.08.2009, 22:29
Russia’s phosphorus based fertilizer producers have been exposed to a sharp global downturn. But the Ammofos plant in Cherepovets is showing that it still turn a profit.
10.09.2009, 15:05
Russian businessmen have defied the crisis by splashing out huge sums on luxury golf courses this year. Tycoons have already pumped half a billion dollars into the golf industry in the first 8 months of 2009.
05.10.2009, 06:50
Russia will soon start using oil as raw material, which will later be converted into synthetic fibre for its textile industry. The first contract was signed at the Fourth Textile Industry Forum in Ivanovo.
Published: 24 November, 2009, 12:48
Edited: 21 December, 2009, 10:26
Daimler and Russian counterpart, Kamaz, have added substance to their strategic partnership, announcing the commencement of two joint ventures focused on Russia.
