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breakingnews
29.04.2009, 12:35
Russian industrial conglomerate, AFK-Sistema, has posted a FY 2008 Net Income of $62 million under U.S. GAAP.
29.04.2009, 11:53
Russian fertiliser producer, Acron, has posted a FY 2008 Net Profit of 9.89 billion Roubles under IFRS.
29.04.2009, 10:25
Russian property developer and real estate company, Sistema-Hals, has posted a FY 2008 Net Loss of $381.1 million under U.S. GAAP.
18.05.2010, 11:38
2 comments
Europe's debt crisis is not just threatening prosperity in Eastern Europe and Russia, it's also likely to have an impact on the world's biggest emerging economy, China.
01.06.2010, 13:39
2 comments
Nissan has announced that it will add a second shift at its St. Petersburg plant due to increased demand and economic recovery.
03.03.2009, 11:07
1 comment
Experts say cut-backs in crude oil exploration and investment could see energy costs soar again and that, when this comes, Russia should again focus on managing the upturn to diversify its economy.
09.02.2009, 10:59
Russian automakers, Avtovaz and Kamaz, which have restarted production this month, are asking the government for support in the face of falling demand and shrinking production.
20.02.2009, 18:58
The Russian government has acknowledged electricity generators won’t be able to meet their $50 billion investment obligations. State officials say they are ready to review the schedule of building new power capacity.
24.02.2009, 10:27
Taking the chance. Reform of the Russian economy in the middle of a crisis offers the chance to identify and solve systemic problems. But it's a big challenge for the government.
24.03.2009, 17:26
Russia’s stockmarkets dropped 3% on Tuesday after a bleak assessment of the economy from finance minister Aleksey Kudrin. Other ministers said rescue measures should be used to encourage long term growth.
Published: 29 April, 2009, 13:20
The state will let power generators scale back on investment, but those who've already spent heavily on new capacity are asking the government to guarantee they will make a return on their investment.
