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19.06.2009, 20:15 2 comments

Sukhoi display in Paris to see Russian aviation manufacturing carve global niche

The world's two leading aircraft builders were joined by a third this week at the Paris airshow, as Russia's Sukhoi unveiled its new SuperJet 100 to public eyes.

22.06.2009, 11:36 1 comment

Coal outlook darkens as producers look for pricing flexibility

Russia’s coal output has dropped 17% in the first quarter of the year, with slowing demand and rising tariffs adding gloom to the outlook for the industry.

19.06.2009, 19:09

Carrefour opens up in Moscow for the longer term

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.

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.

Downturn brings cheaper office space

Published: 22 June, 2009, 09:58


The economic downturn has crisis punished Moscow's office real-estate market, as demand for offices has slumped. As much as 20% of Grade-A and B space is being left vacant - in spite of price slashing.

 
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